Dalaroo has an option over the Blue Lagoon Project in Greenland.

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• Historical regional stream sediment sampling has identified highly anomalous values;

  • Zirconium: up to 0.93%

  • Niobium: up to 326ppm

  • REEs:

    • Neodymium up to 520ppm

• These results have had no record of ever being followed up.

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In situ weathering of alkaline granite has developed significant placer type deposits in and around the Blue Lake. These will be a principal exploration target to evaluate for potential heavy mineral sands type deposits, which have significant cost advantages compared to hard rock deposits.

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Similar geology and historic anomalous geochemical footprint to major deposits Kvanefjeld (ASX: ETM - Energy Transition Metals),Kringlerne/ Tanbreez (NASDAQ: CRML - Critical Metals Corp)  and Motzfeldt (Stallion Resources).

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Greenland holds third highest REE reserves in Western world with strategic importance given geopolitical dynamics and supply chain security.