its on the side of a hill so strip ratios will be low &...

its on the side of a hill so strip ratios will be low & operating costs relatively cheap

awaiting the metallurgy

that said, BKT claim to have a new prospect (Bagamoyo) with extremely high flake size

stay tuned

i took an interest in BKT after their initial calls on Ulanzi (today's announcement)

they proved to be on the mark - no B.S. - so Bagamoyo may be a winner

Managing Director of Black Rock Mining, Steve Tambanis, commented: “The acquisition of the Bagamoyo Graphite Project represents a significant strategic milestone and establishes the Company as a major graphite explorer and developer in Tanzania. The Mahenge Project remains our priority and is expected to deliver a significant resource by the end of 2015, however we see an opportunity to leverage our excellent exploration team into the Bagamoyo Graphite project whilst the Ulanzi drill-out is completed.

In addition to being ideally located close to port, rail, power and water, we are particularly excited by the mineralisation observed at the project which includes the coarsest flake graphite the Company has observed in Tanzania. Given the exciting nature of the mineralisation and favourable location, the Company has taken the opportunity to secure an extensive tenure position in the region.”