Lamboo Resources confirms graphite at McIntosh

THE DRILL SERGEANT: Lamboo Resources has completed geological mapping at the company’s McIntosh flake graphite project in Western Australia.

Lamboo said the mapping has confirmed the presence of coarse flake graphite at Target 5, which is one of at least five graphitic schist horizons it has identified at the project.

“The recognition of coarse flake further enhances the prospectivity of the project,” Lamboo Resources said in its ASX announcement.

The company claims RC drilling and geological mapping have confirmed the presence of a graphitic schist horizon extending over 1200 metres and up to 35 metres wide at Target 5.
 
Target 5 RC results include:

17 metres at 5.77 per cent total graphitic carbon (TGC) from 26m, including 5m at 10.73 per cent TGC from 29m.

Lambooo said the mapping of Target 5 has been supported by petrographic analysis, indicating the presence of coarse flake graphite up to 500 microns in surface samples.
 

Geological mapping conducted at Target 6 has also supported previous RC drilling with the presence of 100m-thick flake graphite horizons.

 

Location of flake graphite target areas including Targets 5 and 6 at the McIntosh project. Source: Company announcement

“Geological mapping at Target 5 has been followed up by a preliminary RC drilling program to show that the target flake graphite schist extends over a strike length of 1200 metres,” Lamboo said.

“It is up to 35 metres wide and extends to a depth of at least 100 metres (limit of drilling).

“The graphitic schist horizon occurs within a high-grade metamorphic stratigraphy that includes para-amphibolite with minor marble and calc-silicate horizons flanked by granite.

“Petrographic analysis of surface samples have confirmed the presence of coarse flake graphite occurring as clumps and aggregates.

“These results are supported by TGC analyses up to 11.4 per cent TGC in the 6 rock chip samples analysed.”

Lamboo has completed geological mapping at Target 6 in preparation of an upcoming RC drilling program planned to commence this quarter.

The company said geophysical IP surveying has indicated potential for broad graphitic schist horizons, which has been confirmed by mapping and preliminary RC drilling in late 2012.

Mapping has shown the presence of a northerly plunging anticline containing two major graphitic schist horizons with an aggregate width up to 150m and extending over a strike length of 1000m.