Daris 3A5
About the Project
The Daris 3A5 prospect is located approximately 10 km northwest of Daris East within Block 7. Between 2010 and 2011, Alara conducted exploration programs and drilled 10 holes at the prospect, confirming the presence of high-grade copper-gold mineralization. Significant intersections are summarized in the accompanying table, with drill hole locations shown in the corresponding figure.
A mining license covering an area of 0.65 km² has now been granted over the prospect, paving the way for the next stage of development activities.
| Project Detail | Information |
|---|---|
|
Commenced |
2025 |
|
JV Company |
Daris Resources LLC (DRL) |
|
Alara’s Interest in JV |
50%, with an option to increase to 70% |
|
Commodities |
Copper, Gold |
|
Mining License |
0.653 km² |
|
Project Stage |
Evaluation, Design and Construction |
|
Shareholders in DRL |
Alara Oman Operations Pty Ltd (50%), Al Tamman Trading & Establishment LLC (50%) |