International Graphite announces new drilling to expand resource at Springdale project
2022-05-31 14:30:07 [Print]
Australian graphite producer International Graphite Ltd announced that it is targeting the expansion of the graphite resource at Springdale Project in Western Australia with its first exploration program on the tenure since the company listed in April.
The company will investigate a series of targets it considers highly prospective for additional graphite mineralisation, having estimated an exploration target of between 18 million and 54 million tonnes at 4-18% total graphite content (TGC) for the project, excluding the current mineral resource of 15.6 million tonnes of graphite at 6% TGC.
The company has commissioned a 7,100-metre reverse circulation (RC) and diamond drilling program to prove-up additional mineralised resources and increase confidence in existing ones.
The company will investigate a series of targets it considers highly prospective for additional graphite mineralisation, having estimated an exploration target of between 18 million and 54 million tonnes at 4-18% total graphite content (TGC) for the project, excluding the current mineral resource of 15.6 million tonnes of graphite at 6% TGC.
The company has commissioned a 7,100-metre reverse circulation (RC) and diamond drilling program to prove-up additional mineralised resources and increase confidence in existing ones.
