Find Matches Previous Trenching Results At Maniry
BlackEarth Minerals NL (ASX: BEM) has intersected high grade graphite mineralisation over wide intervals in line with previous trenching results at the Maniry Graphite Project in southern Madagascar.
The now completed diamond drill program confirmed the presence of a high-grade zone in close proximity to the Maniry Graphite Project’s Razafy Resource and a better understanding of the scale and potential of the Maniry graphite domain.
Managing Director, Tom Revy, said BlackEarth is very encouraged by these initial results received from the Razafy Northwest drill programme which continue to reinforce the significance of the high-grade graphitic mineralisation identified from previous exploration works and the potential that exists for further high-grade discoveries within the Maniry Graphite Project area.
Assays results were received from the first 10 diamond drillholes of the campaign which comprised a total of 21 drillholes for 974m drilled.
Mr Revy said the key outcomes of the drilling to date include the following: – Discovery at Razafy Northwest of thick, outcropping, high grade horizons hosted by felsic gneissic rocks, similar to that encountered at the nearby Razafy Resource.
Early signs indicate continuity of horizons may exist through the Razafy Northwest zone; further assay results are expected to confirm this.
Initial grades received within the horizons are generally consistent from hole to hole and from section to section
Previous and ongoing surface sampling (trenching) has proven to be an accurate guide as to the expected TGC grades in the sub-surface Three remaining tranches of samples outstanding; two are with Intertek Perth with the final lot due to arrive next week from Madagascar.
Further assay results are subject to laboratory scheduling and will be released to the market when received over the coming weeks. These will include the graphitic intercepts not yet assayed from the first 10 holes located in the southern part of the deposit.
“The Board is very pleased with these results as it places our project into the high-grade category of global graphite developers. The graphite industry is heavily differentiated by (potential) revenue stream which in turn is driven by both grade and proven quality / high value product(s). BlackEarth ticks both boxes,” Mr Revy said.
For further information please visit: https://www.blackearthminerals.com.au/
