BlackEarth Minerals Upgrades Razafy Graphite Resource

THE DRILL SERGEANT: BlackEarth Minerals (ASX: BEM) announced an increase to the graphite Resource at the company’s 100 per cent-owned Maniry graphite project in Southern Madagascar.

The increase stems from the completion of infill and extension drilling at the project’s Razafy Resource.

The updated Razafy Mineral Resource estimate reported above a 3 per cent total graphitic carbon (TGC) cut-off is as follows:

Indicated Mineral Resource: 13.6 million tonnes at 6.5 per cent TGC
Inferred Mineral Resource: 12.1million tonnes at 5.9 per cent TGC

For a total Indicated + Inferred Mineral Resource of 25.7 million tonnes at 6.2 per cent TGC.

“The success at Maniry of discovering and continual upgrading the Mineral Resources at Maniry is testament to the exceptional potential that exists at the project,” BlackEarth Minerals managing director Tom Revy said in the company’s ASX announcement.

“This updated and expanded Mineral Resource will be incorporated into the current Maniry DFS and has the potential to significantly increase the proposed mine life for Maniry.

“Work continues on the Razafy Northwest area with an updated Mineral Resource expected ahead of the completion of the Maniry DFS.

“All assays from recent drilling in the area have now been received.”

 

TO READ THE FULL ANNOUNCEMENT: CLICK HERE

 

Email: info@blackearthminerals.com.au

 

Web: www.blackearthminerals.com.au