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Friday, 25 July 2014

Results prove surface mineralisation of graphite project in Tanzania

The consistency of Australian company Kibaran Resources second group of assay results from the recent reverse circulation (RC) drill programme at its Epanko deposit within the Mahenge graphite project in Tanzania confirms significant graphite mineralisation at its surface.

The drilling programme focused on shallow, highly-weathered soft graphite mineralisation, as the liberation and preservation of large and jumbo flake size is paramount in maximising sales revenue. Results for the remaining 29 RC drill holes are expected to be released in the next few weeks.

The Mahenge project is a historically recognised graphite occurrence in south-east Tanzania. Past exploration work has identified course flake, excellent grade graphite material within the project area. The project hosts the Epanko Deposit – a 100%-owned graphite target comprising a western and eastern zone of mineralisation.