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Dakota Minerals Limited (DKO)
is a publicly listed company on the Australian Securities Exchange (ASX).


{{businessSummary}}

General Overview

About Dakota Minerals

Dakota Minerals is a strategic metals exploration company focused on discovering and developing high grade lithium deposits worldwide.

The team at Dakota are highly motivated to source the raw materials required for the global transition to a low-emissions, renewable energy-powered future.

Dakota Minerals' strategy for lithium exploration and development is to become a supplier of lithium carbonate/hydroxide to the European electric vehicle and stationary storage markets, via its projects in northern Portugal, whilst progressing its Lynas Find Project in the Pilgangoora region of Western Australia.

Strategy

Why?

  • Metal critical for new, green technologies, with supply risk and exploration potential.

What?

  • Lithium

Where?

  • Dakota Minerals Lynas Field Project, Western Australia
  • 100% rights acquired to large tenement package in Portugal containing known spodumene and petalite-bearing pegmatite swarms.

Projects

Sepeda Lithium Project, Barroso-Alvão district, Northern Portugal

Sepeda is situated on granted tenement MNPP04612, within the Barroso-Alvão district, one of three areas that form Dakota’s Lusidakota projects in Northern Portugal. Structural and lithological mapping, rock-chip and auger sampling were conducted in the Sepeda region of the Barroso-Alvão project area in June 2016. This work delineated a swarm of multiple WNW-striking, lithium-bearing pegmatites of the LCT (Lithium-Caesium-Tantalum) type. The main swarm area is roughly 1,500m long by 500m wide. Some of the pegmatites do not outcrop and are visible only in historic underground workings. It is thought that the pegmatites form a folded, stacked system of mineralised pegmatite dykes. Lithium mineralisation grading up to 2.8% Li2O was noted in petalite and spodumene samples. Both petalite and spodumene are well-established in the global lithium markets for ceramics, and can be processed to produce a lithium carbonate or hydroxide product via conventional methods.

Lynas Find Project- Western Australia

Dakota Minerals’ Lynas Find lithium project has a tenement portfolio that covers the same lithium-rich pegmatite belt, Pilgangoora, as the 2014 Pilbara Minerals discovery (80.2 Mt @ 1.26% Li2O), and the 2012 Altura Mining discovery (25Mt @ 1.23% Li2O). Pilgangoora now represents the second largest lithium pegmatite resource in the world.

Initial rock chip results from pegmatites at the Lynas Find Project show anomalism of >1% Li2O, including one at >5% Li2O, and represent an outcropping “walk-up” drill target. There are ready markets for spodumene concentrate produced from this region, and the geological precedent for high grade lithium-bearing pegmatite discoveries is well established in WA. The Dakota Minerals Lynas Find Project represent low-risk exploration growth potential.



Contact Info

Dakota Minerals Limited

25-27 Jewell Parade
North Fremantle, WA
AU Australia, 6159

Phone: +61 8 9336 6619
Fax: +61 8 9335 3565
Website: http://www.dakotaminerals.com.au/

Click here to view the interactive map
Dakota Minerals Limited Google Map
Dakota Minerals Limited Google Map

Share Registry

Security Transfer Registrars Pty. Ltd - Click here to view share registry profile

Phone: +61 8 9315 2333
Fax: +61 8 9315 2233
Email: registrar@securitytransfer.com.au
Website: http://www.securitytransfer.com.au

770 Canning Highway
Applecross, WA
AU Australia, 6153


Important Information

The General Overview, Services, Products and Projects information for this profile was last edited on 09 Sep 2016.

All Financial Data is provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Share Prices nor any independent data provider is liable for any informational errors, omissions or other defects, incompleteness, or delays, or for any actions taken in reliance on Financial Data.

Please read our Terms & Conditions and Disclaimer Statement for further information.

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