From Dart own website "Dart Mining utilised it’s own extensive knowledgebase built up around the regional geological setting of NE Victoria to initiate a new Lithium Strategy. We have the opportunity to undertake the first exploration for Lithium Bearing Pegmatites in a newly identified province in NE Victoria."
Are you saying exploration may have already been completed (by a 3rd party - what kind of 3rd party we talking), that the Directors are aware of, and that decisions may have been made on those explorations that what was found was assumed not commercially viable? Just trying to gauge a little more from your comments. Understand if certain information cannot be shared.
From the finding around the initial Li surface chipping sample, what are we expecting out of the next targets that is not more of the similar before they try for a targeted drilling? The prospects strategy is broken up in the announcement 06.10.17 - Lithium Tenements and Prospects Technical Review, along with notations around previous exploration.
Sounds like you support a drill program and that sounds like the plan, subject to further focused field assessment (from Page 22 of technical review), and the below is taken from the most recent JV announcement:
- EL 5315 (Mitta Mitta) is presently the focus of Dart’s Lithium exploration program, and having exclusive rights to this EL gives our company commercial flexibility, especially where joint venture arrangements may be considered appropriate.
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From Dart own website "Dart Mining utilised it’s own extensive...
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