Tanzania – Graphite exploration company Mozambi Resources has defined a maiden JORC-compliant resource estimate of 179Mt at its 100%-owned Namangale graphite project in Tanzania.
Metallurgical results show very high proportions of Super Jumbo +500 microns and Jumbo +300 microns flake size.
Namangale, which has an estimated grade of 5.1% total graphitic carbon (TGC), is considered to host Tanzania’s largest graphite resource, as well as one of the largest coarse flake projects in the world.
The resource has been calculated from 82 reverse circulation holes and 9 diamond drilled holes with a maximum depth of 100 m, with mineralisation starting at or near surface.
All three drilled areas are open along strike and at depth. Numerous other outcropping targets have also been identified but are yet to be drill tested.
“The results have been outstanding in every respect. We now have a very significant maiden JORC resource, coupled with excellent coarse flake size graphite, which has been drilled from a very shallow depth,” says Mozambi chairman Stephen Hunt.
“This, together with the fantastic infrastructure goes a long way to ensuring the success of Namangale as a genuine graphite project. We are all very excited by these results and it bodes extremely well for the future development of the company.”
Further test work including producing graphite concentrates via flotation in order to determine the potential recovery and produce material for bench scale test work will now be undertaken.
Mozambi is also in discussion with a range of engineering and consultancy firms with a view to begin a prefeasibility study in the first quarter of 2016.
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