Last checked at 
LONDON (Alliance News) - Ariana Resources PLC on Tuesday said Dakota Minerals delivered robust maiden drilling results from the Lynas Find lithium project in Western Australia.
Ariana has a 7.6% strategic stake in the project.
The results included lithium grades of up to 2.1% and confirm the continuity of the Pilgangoora system at the project, the second-largest lithium deposit in the world.
"Our team are highly encouraged by Dakota Minerals' excellent maiden drilling results on the Lynas Find project in the Pilgangoora region of Western Australia. In the interests of Ariana's shareholders, we are leveraging our exploration targeting capabilities and our ability to commercialise new project opportunities outside of the gold sector," said Ariana Managing Director Kerim Sener.
Ariana shares were up 8.9% to 1.71 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
Copyright 2016 Alliance News Limited. All Rights Reserved.
