Highlights

  • Maiden Reverse Circulation Drilling has completed 10 holes and 2,252 metres at the Bondoukou Gold Ridge Project in Côte d’Ivoire.
  • Hole BDRC002 returned 18 metres at 7.31 grams per tonne gold, plus 16 metres at 1.46 grams per tonne.
  • Assays for BDRC010C are expected before the end of October, with seven further holes due from early November.
  • A diamond rig is scheduled to mobilise in mid to late October for a five-hole, 1,250-metre follow-up at Wilfred.

A single drill hole can reset a company’s priorities, and BDRC002 has done that for Dalaroo Metals Ltd (ASX:DAL). The Perth-based explorer’s first reverse circulation hole at the Wilfred target in Côte d’Ivoire cut 18 metres at 7.31 grams per tonne gold, and the company is now working through the rest of its maiden campaign. Its shares remain up 174.29% over twelve months, though they were trading at A$0.096 on 9 November 2026.

Wilfred Drilling Takes Shape

As at 11 October 2026, Dalaroo had completed ten RC holes, BDRC001 to BDRC009 and BDRC010C, totalling 2,252 metres including two abandoned attempts at BDRC010 that were stopped by casing failure. The orientation program is designed as 24 holes of about 4,200 metres across 11 drill fences, and a further 78 holes averaging about 100 metres are planned subject to results.

Several early holes finished short because of dip deviation or excessive water. The rig is now setting up on BDRC011, a 250-metre scissor hole to BDRC010C.

What the Drill Chips Show

Logging of BDRC010C identified a 34-metre interval from 62 metres to 96 metres with weak to pervasive silicification, schistose volcaniclastic rock and quartz veining. Stronger quartz-sulphide veining appears at 78 to 84 metres and 91 to 96 metres, with visual pyrite estimates of 0.3% to 0.8%. The sequence resembles BDRC002, about 1,250 metres south-east along the Gold Ridge corridor.

Dalaroo stresses these are visual estimates from RC chips rather than gold assays, depths are downhole and true widths are not yet known.

The Intercepts Behind the Interest

BDRC002, reported on 7 October 2026, returned 18 metres at 7.31 grams per tonne gold from 63 metres, equal to 131.6 gram-metres, and a second interval of 16 metres at 1.46 grams per tonne from 113 metres. The upper zone corresponds to strongly silicified volcaniclastic rock with quartz-sulphide veining and strong foliation.

Future Outlook

Assays for BDRC010C are expected before the end of October 2026, with results for BDRC003 to BDRC009 expected from early November, subject to laboratory turnaround and quality control. Dalaroo plans to finish the Wilfred fences, drill the Ali and Mag targets with RC, and mobilise an Easy Drill diamond rig in mid to late October for a five-hole, roughly 1,250-metre follow-up. More diamond rigs may follow from late November. An induced polarisation survey of about 35.1 line-kilometres along the roughly seven-kilometre Gold Ridge corridor is also planned, and results will feed a 3D geological model.