Exceptional Results at Lynas Find Lithium Project – Pilgangoora Area
Highlights:
• Initial drilling analyses show thick, high-grade spodumene intercepts from at or near surface, including 35m @ 2.1% Li2O
• Higher than the regional average grade of drilled pegmatite – overall average grade so far of 1.75% Li2O, consistent with previous surface sampling1 • Single metre samples grade up to 5.57% Li2O- expected to be almost pure spodumene
• Drilling conclusively confirms continuation of the Pilgangoora system into Dakota’s Lynas Find Lithium Project
• Results to date show a shallowly-dipping pegmatite, with a potentially low strip ratio suitable for open pit mining
• Recent mapping & sampling discovers new pegmatites: Lynas Find Lithium Project continues to grow
• Further drilling results expected in the coming weeks
Exceptional results included 35m @ 2.1%, 35m @ 1.75% and 40m @ 1.52% Li2O, with an overall weighted average grade of 1.75% Li2O. These results confirm the continuation of the Pilgangoora system, now the second largest hard rock lithium deposit in the world, into Dakota’s Lynas Find Lithium Project.
