Home Business Dart extends lithium prospects in Victoria

Dart extends lithium prospects in Victoria

by swotverge

Dart believes mineralised pegmatite dykes stay open at depth under the outcrop on the southern finish of Boones.

It says the strike pattern can also be forming a 150m extensive hall throughout strike, with varied particular person dykes outcropping, along with having recognized extra outcropping pegmatites throughout the on-ground fieldwork.

Additional drilling is required to ascertain a greater interpretation of the structural geology underlying the realm of strike size.

Encouragingly, the corporate says anomalous outcomes present a pattern from Eagle Dyke operating by way of the central Gosport prospect and as much as the northerly extension to Boones, representing a size of about 7km and reflecting a probable north-west to south-east construction.

‘The success of the Section 1 drilling program in June 2023, and one other summer time area season, has offered us with a chance to additional develop the size potential of the Dorchap Lithium undertaking. The identification of the northern extension of the Boones Dyke group to over 1,000m in composite strike size is an thrilling growth and is a key rising element of the undertaking.’

Dart Mining chairman James Chirnside

Dart has recognized greater than 1500 pegmatite dykes in its tenement package deal, with many being the extremely sought-after lithium-caesium-tantalum (LCT) sort. Containing enriched LCT, beryllium and tin mineralisation, most of the pegmatites have been beforehand labored for tin.

Dart has its foot to the pedal in progressing the required approvals for drill-testing of the extremely potential Gosport dykes and considers it to be the very best precedence drill goal throughout the undertaking space.

Gosport’s central zone comprises many potential pegmatite dykes in proximity to demonstrated high-grade rock chips going as much as 1.57 per cent lithium oxide, along with channel sampling returning assays going 10m at 1.38 per cent.

Dart was the primary of the modern-day explorers to find lithium-bearing pegmatites in Victoria again in 2016 at its Dorchap Vary undertaking, culminating in a three way partnership (JV) association with Chilean lithium big SQM. Dorchap is about 50km from the picturesque city of Mount Magnificence in Victoria’s north-eastern Alpine Shire area.

The corporate additionally has a gold undertaking primarily based in central Victoria and lately started a drill blitz at its historic Rushworth gold undertaking. Dart’s company-owned diamond drill rig is working time beyond regulation to smash out the metres at its promising Growlers Hill prospect.

The preliminary phase-one 1200m drill program is attempting to find high-grade gold on the website that sits about 160km north of Melbourne and 65km east of the town of Bendigo. The corporate says it’s testing Growlers Hill and can quickly drill the West Growlers prospect utilizing fashionable exploration strategies for the primary time.

With the lithium market exhibiting indicators of restoration and gold bumping alongside at all-time highs, it appears this sub-$10m market-capped Dart Mining could be effectively value maintaining a tally of.

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