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Dakota estimates 7.3 million-tonne maiden resource at Lynas Find lithium project

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Dakota estimates 7.3 million-tonne maiden resource at Lynas Find lithium project

Dakota Minerals Ltd. on Oct. 5 estimated a maiden resource at the Lynas Find lithium project in Western Australia of 7.3 million tonnes at 1.25% lithium oxide, 85 parts per million tantalum pentoxide, and 0.99% iron(III) oxide in the indicated and inferred category.

The Lynas Find Main pegmatite returned an indicated and inferred mineral resource of 6.0 million tonnes at 1.33% lithium oxide, 85 ppm tantalum pentoxide, and 0.72% iron(III) oxide.

The company said the high-grade resource from the surface, with high recoveries, indicates potential for a low-cost, low-strip lithium mine. Recent metallurgical work showed high recoveries of over 90% lithium oxide.