Dakota Minerals - Drilling Update

Dakota Minerals - Drilling Update

Lithium stocks in Australia have enjoyed some stand-out growth in the past year, but only a handful of these companies have tenure over ground genuinely prospective for lithium-bearing mineralisation. @dakota_minerals #Lynas Find project takes in the northern section of the proven #Pilgangoora pegmatite swarm, where the company is currently completing in maiden drilling programme with initial results due by the end of the week. 


HIGHLIGHTS

Maiden drill programme due for completion by week’s end
First assay results due mid‐next week

Dakota Minerals Limited (“Dakota”, “DKO” or “the Company”) is pleased to announce that the maiden drill programme for the Company’s Lynas Find project has gone according to schedule and is due for completion by the end of the week.

The programme is likely to total around 2,000m of the 3,000m planned; this is due to a much shallower dip of the pegmatite than interpreted – around ‐15 degrees rather than the ‐35 degrees as predicted thus requiring much shallower test holes.

The first batch of assay results are expected to be available by mid‐next week and will be reported as soon as the Company has interpreted them and compiled the necessary geological context.

   Figure 1: Drilling underway as part of the maiden programme at the Lynas Find lithium project.  

Figure 1: Drilling underway as part of the maiden programme at the Lynas Find lithium project.  

   Figure 2: Dakota Minerals CEO David Frances on site last week inspecting newly discovered pegmatite samples.

Figure 2: Dakota Minerals CEO David Frances on site last week inspecting newly discovered pegmatite samples.

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