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Dakota Minerals Ltd.
Summary
| Project: | Lynas Find | |
|---|---|---|
| Deposit: | Lynas Find | |
| Location: | Australia | |
| Commodities: | Lithium | |
| Date: | 7/15/2016 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 15-7-2016: Dakota Minerals Ltd. announces an Exploration/Drilling Update report for its Lynas Find deposit at the Lynas Find project. Drilling results incl. 32m @ 1.9% Li2O from 19m. Dakota Minerals Limited (“Dakota”, “DKO”, or “Company”) is pleased to an | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Francis Wedin (Internal) | |
| ABSTRACT: | Dakota Minerals Limited (“Dakota”, “DKO”, or “Company”) is pleased to announce an update of progress at its Lynas Find lithium project, in the Pilgangoora region of Western Australia. Phase two reverse circulation (RC) drilling at Lynas Find was completed in late June. 36 holes for 3,423m were drilled in total, concentrating on resource definition at Lynas Find Central, with some additional testing of pegmatites proximal to this area. Samples were dispatched to Nagrom Laboratories in Perth for analysis, which has now been largely completed. Results include 32m @ 1.9% Li2O and 28m @ 1.8% Li2O. Once all drilling results have been received, resource modelling and estimation will commence, this is expected to be completed during Q3 2016. Metallurgical test-work on diamond drill core obtained from the project in June is being carried out at SGS laboratories in Perth. Dakota Minerals CEO David Frances commented: “We are pleased to have progressed the Lynas Find lithium project to this point within such a short space of time. While the maiden resource modelling and metallurgical test-work is under way, we will continue to prove up our targets in the project area and build on what we have defined at Lynas Find Central.” | |
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