• Initial mapping identifies 3.5km x 700m zone of graphite...

• Initial mapping identifies 3.5km x 700m zone of graphite mineralised footprint within the Central lode

• Additional graphite mineralisation mapped over 7km of strike, at the Wami Lode

• Regional-scale target. Mineralisation is open along strike for each target with 40-55km strike potential

• Eight rockchip samples taken over the Central zone averaged 7.11% TGC, in line with visual graphite estimates

• Metallurgical sample submitted for graphite characterisation

• First pass drilling of the Central lode is planned to commence in December


Graphite Mineralisation and assay results
Graphite mineralisation at the Central Lode is exceptionally coarse grained compared to other observed graphite areas in Tanzania. Graphite flakes typically occur in clusters or aggregates of 2-8mm in size with cm-scale aggregates often seen. Flakes are elongate or bladed. Assay results from eight surface samples returned an average 7.11% TGC, in line with our visually estimated grades. The highest assay result of 9.94% TGC was from a composite chip sample taken across strike, over 20m of creek outcrop.