Ann: Phase Two Drilling to Commence at Lynas Find Lithium Project-DKO.AX, page-2

1. Dakota Minerals Limited (“Dakota”, “DKO”, or “Company”) is pleased to announce the expected commencement, this week, of its phase two drilling programme at the Lynas Find Lithium Project, in the Pilgangoora region of Western Australia. The main aim of the drilling is to define a maiden resource at Lynas Find. Some reconnaissance RC drilling will also be conducted to drill-test newly identified, spodumene-bearing pegmatites to the south of the Central Pegmatite. These are thought to be possible structural repeats of the Central Pegmatite dilational zone, and to date have yielded surface rock-chip grades of up to 3.98% Li2O. Dakota is planning approximately 4,000m of reverse circulation and diamond drilling, which should be completed by the end of the current quarter. The total metres drilled will depend on the dip of the pegmatites intersected. The diamond drilling will be conducted, to provide valuable geotechnical and metallurgical data on the deposit.
   “Given the impressive nature of the high-grade results from initial drilling at Lynas Find, we are looking forward to the next round of drilling and hopefully the definition of a significant maiden resource in the near future” Dakota Minerals Managing Director David Frances said.