Good luck to GRK and its findings after exploration, we will know soon enough as results due August/ September.
Backs onto KNL with 292 square klm,s to work with (same size as KNL) with same strike and width with luck.
Kind of hope that KNL just knew about Merelani and just let the north continuation and Ndolodlo go, bigger and better things to work on at the time with binding agreements at stake.
See below.
At Epanko North, exploration will investigate the potential widths and strike length by way of initial mapping and rockchip sampling followed by a trenching at intervals along the strike.
At Ndololo the company intends to verify the drill hole locations previously drilled by Kibaran Resources which they released to the market in December 2012.
Significant intervals were recorded from two holes that include 33 metres at 5.8% TGC including 13 metres at 10.8% TGC from 7 metres, and 29 metres at 6.8% TGC including 11 metres at 11.2% TGC from 11 metres.
In addition the team will map and sample the graphite schist, determining its thickness and strike potential and potential extensions.
As part of the Ndololo on-site geological due diligence, GRK aims to identify and prepare key areas for resource drilling.
I also think that Copolus and Co. are into it for a reason and KNL have binding contracts and looks like more to be announced shortly for a reason so if this exploration gets similar results then this is well worth the risk for me
I have plenty of patience and trade S/T and L/T so we will wait and see what the results bring and I also see it as a good entry for others to get on board a potential graphite miner in its early stages that may of missed out on other runs in this current graphite market we are in.
This all my opinion only so as usual DYOR and all that.
Sorry my first post did not attach oops lol.
GRK Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held