It is still early days but their preliminary drilling results were excellent, with better grade than BKT if I recall correctly.
Their recent EM survey results were also excellent with a 2.7+km target and another 3.7+km target.
Graphite is much easier than gold as far as exploration is concerned and with drilling due to begin in about 6 weeks and the tiny market cap, ACP could move real hard, real fast.
I believe they're hopeful of having a maiden resource by year's end, which isn't very far away.
FYI-Posted on Graphite Board, page-3
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