AIM-listed natural resources investment company Armadale Capital notes that the 1 400 m reverse circulation (RC) drilling campaign will target graphite schist mineralisation over a 2 km strike length within the Mahenge Liandu project area.
The drilling results are expected to be released in the fourth quarter of 2016 and are aimed at delineating a JORC-compliant maiden resource and demonstrating the quality of the graphite in late 2016.
The mineralisation confirmed to date has been a result of a combination of drilling, geological mapping and rock chip sampling at the southern extent of the 2 km mineralised strike trend.
Previous drilling returned 60 m grading at 10.7% total graphite carbon (TGC), the samples of which were taken from graphite schist outcrops over a 1.5 km of strike that was mapped by the previous owner surrounding the initial discovery holes.
“The commencement of RC drilling at Mahenge Liandu is an important milestone to cross having acquired the project just two months ago,” says Armadale chairman William Frewen.
“Having identified high-grade target areas through initial explorative work, our focus is now on defining a JORC-compliant resource, with this drill campaign central to this,” he added.
Frenwen noted that, timing wise, it could not be better for a nascent natural graphite explorer as surging global demand for electric vehicles and power storage utilities are directly driving lithium-ion battery manufacturers to increase output at an accelerating rate.
In turn, this dynamic industry creates excellent future opportunities for Armadale Capital and added incentives to expedite progress of the Mahenge Liandu graphite project, he says.
The Mahenge Liandu project is located in the Ulanga District in south east Tanzania, approximately 300km south west of Morogoro and 10 km from the town Mahenge and hosts high-grade graphite mineralisation of up to 33.8% TGC – demonstrated through analysis of rock-chip samples taken from Mahenge Liandu in June 2016.
The area is highly prospective for graphite with Mahenge Liandu located immediately to the east of Kibaran Resources’ Epanko project. The project is also only 1 km north-west of ASX-listed Black Rock Mining’s Mahenge project.