Kibaran extends Mahenge graphite

THE DRILL SERGEANT: Kibaran Resources (ASX: KNL) has completed a round of resource drilling at the company’s wholly-owned Mahenge graphite project in Tanzania.
 
The drilling consisted of 37 holes for 2,215 metres at the Epanko deposit, all of which intersected graphite mineralisation in the Western Zone.

Kibaran said the campaign has doubled the strike length of graphite mineralisation at the Epanko deposit to over one kilometre.

 

Location plan of the Epanko deposit. Source: Company announcement

 

The company said the widths of mineralisation it encountered at both the Eastern and Western zones compare similarly to previous drilling programs with graphite mineralisation remaining open in all directions.

Mineral resource estimation work is now underway, which Kibaran indicated is expected to be completed mid-July.

The drill program results will be applied to upgrade a portion of the existing JORC Inferred Mineral Resource at Epanko of 14.9 million tonnes at 10.5 per cent TGC (total graphitic carbon) for 1,560,000 tonnes of contained graphite.

Email: info@kibaranresources.com

Website: www.kibaranresources.com.au