Sign up Australia
Proactive Investors - Run By Investors For Investors

Dark Horse Resources eyes lithium rich pegmatite resource in Argentina

The company is progressively acquiring an Argentinian lithium player.
map of Argentina
Large portfolio of mineral exploration ground

Dark Horse Resources Ltd (ASX:DHR) has identified large crystals of spodumene in massive formations on surface and underground workings at the Las Tapias Mine in Argentina.

A total of 142 rock chip samples have been obtained and sent for assaying.

The Las Tapias geological complex is centred on a circular structural feature, which is circa 1,100 metres in length and 800 metres wide.

The mineralised pegmatite is 300 to 400 metres long with a width of 150 to 200 metres.

Additional, large pegmatite veins and dykes, exceeding 15 metres in thickness, exist along fault structures surrounding the main pegmatite.

Dark Horse has access to a large portfolio of mineral exploration ground in Argentina through its progressive acquisition of domestic company Pampa Litio SA, of which it currently owns 25%. 

Pampa Litio holds four separate exploration licences in the San Luis province totalling 34,000 hectares.

The company also holds an option to acquire the Las Tapias Mine in the Cordoba province, consisting of 6 current mining licences and a surrounding exploration licence.

Dark Horse’s objective is to discover and define a large lithium rich pegmatite resource, develop mines to produce lithium ore and ultimately a production facility in Argentina.

The company is aiming to manufacture battery grade lithium hydroxide for sale into the international battery and electronic markets.

View full DHR profile View Profile

Dark Horse Resources Ltd Timeline

Related Articles

maps of the Torrens Copper Project in South Australia
March 20 2018
The company's shares have increased six-fold from their low of 0.6 cents in 2017.
July 23 2018
Savannah Resources has a broad portfolio of assets, including some highly attractive lithium
July 13 2018
AfriTin listed on AIM with plans to position itself as the African tin champion

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use