Dark Horse Resources Ltd (ASX:DHR) is an Australian based mineral resource company, with a particular focus on Argentina, where it has invested in gold and lithium projects, with a goal to discover a multimillion ounce gold deposit, and be a producer of high grade Lithium Hydroxide for the domestic and international battery and electronic markets.
DHR also has a substantial holding (circa 40%) in Australian based oil and gas exploration company, Lakes Oil (ASX:LKO).
2017-2018 Strategic Priorities
Dark Horse commenced exploration and the resource definition program at the San Luis and Cordoba lithium projects in early September. Dark Horse will carry out further and systematic exploration comprising geological,geophysical and drilling techniques to target an estimation of a mineral resource. Over the course of the next 18‐24 months, Dark Horse intends to undertake sufficient exploration to facilitate the estimation of a mineral resource, and has designed the following program.
Topographic Surveying, systematic mapping and sampling of the widespread outcrops, quarries and underground workings, representative rock chip sampling and assaying, geophysics, drilling programs will be designed to define the geometry, size and grades of the ore bodies, comprehensive assaying of all drill core, metallurgical testing, mineral resource evaluation and estimation in compliance with the JORC Code and preliminary mining feasibility.
Dark Horse’s overriding 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 manufacturing battery grade Lithium Hydroxide for sale into the international battery and electronic markets. Future sales may extend into a new domestic market for Lithium products as the economy in Argentina continues to transform under the market‐reformed current administration.
Stock Exchange Listing: ASX: DHR
Commodity: Lithium | Coal | Oil | Gas | Gold
Board of Directors / Shareholders / Senior Management:
- Nicholas Mather – Non-Executive Chairman
- Brian Moller – Non-Executive Director
- Neil Stuart – Non-Executive Director
- David Mason – Chief Executive Officer
- Priy Jayasuriya – Chief Financial Officer
Dark Horse Resources will be presenting their mining projects to prospective investors at the International Mining and Resources Conference, click here to claim your complimentary investor pass.