DKO 0.00% 5.6¢ dakota minerals limited

Ann: Phase Two Drill Results- Further High Grades From Lynas Find-DKO.AX, page-15

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 6,296 Posts.
    lightbulb Created with Sketch. 663
    Happy days
    Open to the east and north with the most eastern holes being -
    Hole 44- [email protected]%Li
    Hole 45- 25m@2%Li
    Both intersects relitivly shallow.
    U can visually see the fault that these holes were drilled near and the "drop off" is exposed and visually(outcropping)u can tell it's going to "add some Fat" to the resource!!
    So the east and north will extend even further wth high grade Spodumene!!
    That's great
    Holes 51 is 400m south and the interest in total is 35m @1.6% Li
    So the assumption made by some "experts" on here that the resource diameter at central is only 200m by 300m is grossly incorrect
    Central is already double that at around 400m x 800m minimum and still open east,north and somewhat to the west
    Without calculating we in money and are already up near a "Galaxy" size resource if u take into account our grade.
    I'm guessing 8-15mt at 1.6%Li
    Very positive statement By management as well indicating the resource at central is very much a money maker

    "Although still open at depth, the results of this round of drilling have defined the Lynas Find Central area sufficiently to conduct resource modelling and estimation."
    Not bad for a $28m company with $14m cash in the bank and own more tenements at Pilgangoora that they are sampling now as well as a great assest in Portugul
    Very impressed
 
watchlist Created with Sketch. Add DKO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.