Dalaroo Metals : Significant 7km magnetic anomaly outlined at Watheroo Namban

Significant 7 km long magnetic anomaly outlined at Watheroo,

Namban Project

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Highlights

• • Large magnetic anomaly prospective for Ni-Cu identified

• • 7 km x 3 km in area

• • 50m spaced magnetic survey highlights three principal magnetic zones striking NNW

• • Magnetic Zones correspond to Government mapped mafic rocks also extend under cover.

• • Systematic geochemical sampling to commence

Dalaroo Metals Ltd ("ASX: DAL "Dalaroo" or "Company") is pleased to announce results from its recent drone ("UAV") magnetic survey at its Watheroo Anomaly within the Namban Project in Western Australia's wheatbelt region. (Figure 1). The UAV survey was completed using 50m line spacing and 30m ground clearance with lines flown east-west for a total 768 line km. This survey has outlined a very prominent 7 km long by 3 km wide lensoid magnetic anomaly considered to represent a mafic intrusive and thought to be a "Chonolith" prospective for Ni-Cu deposits. The survey results highlight three principal magnetic zones striking NNW, with the magnetic intensity decreasing towards the west, suggesting a plunge or stepped offset of the intrusion in that direction.

The most prominent magnetic feature is located on the eastern boundary of the mafic intrusion, where it extends for over 4km of strike and the central magnetic feature extends over 2.5km. A strong magnetic trend along the western margin has a sinuous appearance and may represent a palaeochannel.

The magnetic zones correspond to mapped mafic intrusive rocks on the Geological Survey of Western Australia map (1:250,000 Moora sheet) 1 of indeterminate Precambrian age and also extend under recent cover.

"We are very excited our new detailed drone survey has outlined a very strong magnetic anomaly with dimensions of 7 km long and 3 km wide. Several initial areas of interest have been defined which are recommended for follow up investigation. Initial review of the UAV survey results indicates significant improvement in magnetic resolution that can provide a detailed geological and structural interpretation for targeting of ground follow-up-works such as geochemical sampling and future drilling." said Harjinder Kehal, Managing Director of Dalaroo Metals.

Figure 1: Namban Project Location and competitor map

Figure 2: Watheroo 7km X 3km magnetic anomaly identified from UAV drone 50m spaced airborne magnetics survey

Next Steps

Dalaroo proposes to undertake systematic geochemical sampling over the prominent 7 km long by 3 km wide magnetic anomaly considered to represent a mafic intrusive and thought to be a "Chonolith" prospective for Ni-Cu deposits.

Dependent on receiving positive results from geochemical sampling, AC or RC drilling and ground geophysical surveys, such as EM, will be planned.

ENDS

For more Information:

Please visit our website for more information:www.dalaroometals.com.au

Harjinder Kehal, Managing Director on [phone]

COMPETENT PERSON

The information in this report that relates to Exploration results is based on information compiled by Dalaroo Metals Ltd and reviewed by Mr Harjinder Kehal who is the Managing Director of the Company and is a Registered Practicing Geologist and Member of the AusIMM and AIG. Mr Kehal has sufficient experience that is relevant to the style of mineralisation, the type of deposit under consideration and to the activities undertaken to qualify as a Competent person as defined in the 2012 edition of the "Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves". Mr Kehal consents to the inclusion in this report of the matters based on this information in the form and context in which it appears.

FORWARD-LOOKING INFORMATION

This report may include forward-looking statements. Forward-looking statements include, but are not limited to, statements concerning the planned exploration program and other statements that are not historical facts. When used in this report, the words "could", "plan", "estimate", "expect", "intend", "should" and similar expressions are forward-looking statements. Although Dalaroo believes that its expectations reflected in these forward-looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statements.

CAUTIONARY NOTE

The statements and information contained in this report are not investment or financial product advice and are not intended to be used by persons in deciding to make an investment decision. In releasing this report, Dalaroo has not considered the objectives, financial position or requirements of any particular recipient. Accordingly, potential investors should obtain financial advice from a qualified financial advisor prior to making an investment decision.

Authorised for release to the ASX by the Board of Dalaroo Metals Ltd.

Key References:

1. Geological Survey of Western Australia (GSWA) Geology of the 1:250, 000 Moora Sheet