Daly Resources Limited has commenced a regional airborne electromagnetic survey at the Broughton copper-zinc project in the Northern Territory.

The program spans approximately 2,018 line kilometres at 400-metre line spacing across two priority survey blocks within exploration licences EL32992 and EL32993. The work receives $150,000 in co-funding awarded under Round 19 of the Northern Territory Government's Geophysics and Drilling Collaborations Program.

The project is located approximately 600 kilometres southeast of Darwin in the northern McArthur Basin, within the broader Carpentaria Zinc Belt. The survey is designed to map conductive stratigraphy, basin architecture, structural corridors and discrete conductive anomalies. Daly expects to receive and interpret the data once complete, integrating the results with existing geological and geochemical datasets to refine and prioritise future drill targets.

“The survey will deliver Daly's first modern airborne electromagnetic dataset across priority target corridors in the northern McArthur Basin and is designed to test the relationship between surface copper-zinc anomalism, favourable stratigraphy and interpreted structural corridors.”

— Mike Edwards, Executive Chairman

The company listed on the Australian Securities Exchange in June 2026 following a $12 million initial public offering, with Sandfire Resources participating as a major shareholder to support ongoing exploration across its Northern Territory portfolio.

Read the full announcement: NT Government Co-Funded VTEM Survey Commences at Broughton