For thousands of other reports visit RSC's Mineral Intellingence Map
Dakota Minerals Ltd.
Summary
| Project: | Sepeda | |
|---|---|---|
| Deposit: | Sepeda | |
| Location: | Portugal | |
| Commodities: | Lithium | |
| Date: | 1/30/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 30-1-2017: Dakota Minerals Ltd. announces an Exploration/Drilling Update report for its Sepeda deposit at the Sepeda project. Drilling results incl. 61m @ 1.52% Li2O from 195m. Dakota Minerals Limited (“Dakota”, “DKO”, or “Company”) is pleased to provide | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Francis Wedin (Internal) | |
| ABSTRACT: | Dakota Minerals Limited (“Dakota”, “DKO”, or “Company”) is pleased to provide an update on its 100% owned Sepeda Lithium Project (“Sepeda”), Portugal. Results for the phase two Reverse Circulation (“RC”) drilling completed in December 2016 have now been received. Excellent results include 61 m @ 1.52% Li2O and 16 m @ 1.25% Li2O from SC024, for a total downhole mineralised intercept from two pegmatites of 77 m @ 1.46% Li2O, as well as 51 m @ 1.26% Li2O from SC021. Modelling for the maiden Mineral Resource Estimate is under way and on track for delivery in CY Q1-2017. Further RC drilling on the Sepeda Project at Romano, and other pegmatites within the Carvalhais Pegmatite Swarm, will commence late February 2017, the results of which will be used in future resource updates. Dakota Minerals CEO David Frances commented: “The phase two drilling results at Sepeda continue to support our confidence in a sustainable development scenario for Sepeda. Calculation of the maiden Mineral Resource has now commenced, which will form the basis for the outputs of the Scoping Study and EIA. Mineralisation at Sepeda is still open in multiple directions, and we are confident that Sepeda will continue to grow as we resume drilling in February. We look forward to keeping the market updated on these and other developments as we commence a transformative year for Dakota”. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report