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Dart Mining (ASX: $DTM) provides Dorchap lithium field activities update

Dart Mining's Dorchap Lithium Project Update


Dart Mining NL (ASX: $DTM) has released an update on the field activities at the Dorchap Lithium Project in Northeast Victoria. The company completed field reconnaissance of pegmatite targets highlighted by the LiDAR survey, with initial results received. A total of 357 sites were inspected for possible pegmatite outcrop, and 107 samples were submitted across positively identified pegmatite dyke outcrops. The results from the first 88 samples have been reported, with 19 sample results awaited. The outstanding results received from the northern extension of the Boons Dyke Group, extending the surface expression of the Boones and Boones North Dykes over 1000m, are a key emerging component of the project.

Executive Commentary on Dorchap Lithium Field Activities


Chairman, James Chirnside, expressed his satisfaction with the progress, stating, 'The success of the Phase 1 drilling program in June 2023, and another summer field season, has provided us with an opportunity to further develop the scale potential of the Dorchap Lithium project. The identification of the northern extension of the Boones Dyke group to over 1,000m in composite strike length is an exciting development and is a key emerging component of the project. The company continues to progress the requisite approvals for drill testing the Gosport Dykes, which show the highest density of Pegmatite dyke outcrops within a relatively small area, thus presenting one of the best opportunities throughout the entire project area.'

Summary of Dorchap Lithium Field Activities Update


Dart Mining's update on the Dorchap Lithium Project highlights the significant progress made in field activities, with the identification of the northern extension of the Boones Dyke group to over 1,000m in composite strike length. The company is excited about the prospect of drill testing the Gosport Dykes, which remain the highest priority drill testing targets across the broader project area. The field testing of LiDAR targeting has rapidly progressed, leading to the identification of a corridor of anomalous results trending from Eagle Dyke, through the central Gosport area, on to the northerly extension to Boones Dyke. Dart Mining's geologists first identified the lithium prospectivity of pegmatite dykes in the Dorchap Range in 2016 and set about acquiring exploration leases across the region. The company's chip sampling program has yielded rewarding results, and the low impact drilling completed in 2023 successfully confirmed the lithium fertility of the roadside accessible dyke targets tested. The update provides an optimistic outlook for the Dorchap Lithium Project, emphasizing the company's commitment to further exploration and development in the region.

DART MINING NL
DTM | ASX | Materials
0.0220(+0%)
At close 05/07 (AEDT)
Market cap
$5.7M
Volume
0
DY Yield
0
PE Ratio
0
52 Week Range
0 - 0.052
1YR Return
-31.25%

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