Daly Resources returned rock chip assays of up to 73.98% CaF₂ alongside new soil geochemistry and aeromagnetic survey data that highlight scale potential at the Huckitta Fluorite Project in the Northern Territory.

The 100%-owned Huckitta Fluorite Project is located in the Northern Territory and is the primary exploration asset advanced by Daly Resources following its $12M initial public offering in June 2026. Current exploration activities at Huckitta follow up on previously reported rock-chip sampling results of up to 95.1% CaF₂.

First-pass soil sampling across two parallel east-west traverse lines spanning approximately 5.8 km of strike defined multiple new targets. At the western end of the southern line, soil geochemistry returned a coherent zone of anomalous CaF₂-in-soil extending over at least 1 km in an area of poor outcrop. Ground reconnaissance in nearby creek exposures identified additional fluorite-bearing structures obscured by younger cover away from drainage channels.

“These results support our view of Huckitta's potential, with the soil geochemistry pointing to these fluorite veins potentially continuing north beneath cover, beyond what we can currently see at surface.”

— Mike Edwards, Executive Chairman

In parallel, processing of a detailed aeromagnetic and radiometric survey provided improved structural definition across the target area, resolving structural trends spatially associated with mapped mineralisation and their interpreted continuation beneath younger cover.

“The airborne geophysics is now adding another layer of information that complements what we're seeing in the geochemistry, helping us better understand how this mineralisation is distributed. Together, these results will help guide our next phase of exploration and the definition of targets for drilling.”

— Mike Edwards, Executive Chairman

Daly Resources expects further rock chip and soil geochemistry assay results for the Huckitta Fluorite Project in the coming weeks.

Read the full announcement: Huckitta Geochemistry Results Highlight Potential Scale