en.Wedoany.com Reported - Australia's Daly (ASX:DLY) plans to launch an airborne electromagnetic survey at its Broughton copper-zinc project in the third quarter of 2026 to test a sediment-hosted copper-zinc exploration model.

The company has received A$150,000 in funding from the Northern Territory Government's Round 19 Geophysics and Drilling Collaboration Program for a regional versatile time-domain electromagnetic (VTEM) survey over priority areas within exploration licenses EL32992 and EL32993. The survey will cover two priority blocks within the project in the northern McArthur Basin, with a line spacing of 400 meters and a total line length exceeding 2,000 kilometers, located approximately 600 kilometers southeast of Darwin.

Daly stated that this survey will, for the first time, acquire modern airborne electromagnetic data over its Broughton priority target corridor to test the sediment-hosted copper-zinc exploration model. Executive Chairman Mike Edwards said, "This co-funding will drive key progress at the Broughton copper-zinc project, enabling Daly to acquire modern airborne electromagnetic data over the priority target corridor in the northern McArthur Basin."

The company adopts a hybrid petroleum-mineral systems approach, targeting sediment-hosted copper-zinc mineralization in the northern McArthur Basin, drawing on deposits such as Century in Queensland as references. Historical exploration has identified multiple base metal occurrences and extensive copper-zinc surface geochemical anomalies within the project area, which may represent leakage from concealed mineralized systems. Daly has identified areas where surface anomalies coincide with favorable stratigraphy and interpreted structural corridors as priority targets for follow-up exploration.

Results from the VTEM survey will be integrated with existing geological and geochemical datasets to refine future drilling targets. Daly holds a portfolio of exploration projects covering over 6,500 square kilometers in the Northern Territory, including the Huckitta fluorite-copper project and the Batten zinc-copper project within the McArthur Basin.