Ann: Extensive Pegmatite Features Discovered by Remote Sensing, page-2

ASX Announcement
16 November 2017
Extensive Pegmatite Features Discovered by Remote Sensing Interpretation
Across Argentinean Lithium Tenement Package
Dark Horse Resources Limited (ASXHR; “DHR”, “Dark Horse” or “the Company”) is pleased to
provide a further update to the market on the status of the Company’s ongoing exploration
programs over its Argentinean lithium projects. Dark Horse has access to this Argentinean lithium
portfolio through its progressive acquisition of Pampa Litio SA, of which it currently owns 25%.
Pampa Litio holds four separate exploration licences in the San Luis province totalling 34,000ha
(separately detailed below), and holds an option to acquire the Las Tapias Mine in the Cordoba
province, as outlined in the Company’s detailed ASX release of 15 August 2016.
Dark Horse has completed a comprehensive remote sensing interpretation study on its portfolio of
exploration licences in San Luis province, Argentina. The results show that there are significant areas
of pegmatite features within the exploration licences as described in detail below, and as outlined in
Figures 3‐6.
Dark Horse recently reported the preliminary results from detailed geological mapping at the Las
Tapias Mine (ASX release 8 November 2017). Assay results from this work will be reported within
the next month. Detailed geological mapping is currently underway at the 4.5km El Totoral‐San Luis
Mine. Regional exploration is concurrently being carried out over the four large exploration licences
in the San Luis province ‐ Leon Herido, San Martin, Novillo Negro and El Totoral, totalling 34,000ha in
area (Figures 1 and 2).
Dark Horse’s overriding objective is to discover and define a large lithium rich pegmatite resource,
develop mines to produce lithium ore, and ultimately a production facility in Argentina
manufacturing battery grade lithium hydroxide. The Company intends to form a strategic alliance
with a large international group to advance and add value to this business.
A comprehensive, systematic exploration program is being implemented to facilitate the JORCcompliant
estimation of lithium mineral resources within the next year from the Company’s
exploration licences through:
1. detailed programs at both known Las Tapias Mine and El Totoral‐San Luis Mine mineralised
pegmatite; and
2. a regional program over the four (4) San Luis leases.