Hits High-Grade Graphite At Skaland
Mineral Commodities Ltd (ASX:MRC) through its 90% owned subsidiary, Skaland Graphite AS, has hit high-grade intersections from the results of a down dip resource drilling programme at the Trælen Graphite Mine at the Skaland Graphite Operation located on the island of Senja, Norway.
Significant results (minimum interval of 5m) from the diamond drilling program at Trælen included:
• TR2021_01) 15.7m @ 30.6% TGC from 99.9m and 7.3m @ 21% TGC from 122.9m
• TR2021_02) 9.5m @ 28% TGC from 132.2m
• TR2021_03) 14.5m @ 27.1% TGC from 210m
• TR2021_04) 27.7m @ 35.6% TGC from 63.2m, including 5m @ 44.5% TGC from 81m
• TR2021_05) 7.1m @ 37.7% TGC from 141.5m and 26.3m @ 38.2% TGC from 151m, including 11.7m @ 41.5% TGC from 153m
• TR2021_06) 16.8m @ 35.3% TGC from 80m, including 5.5m @ 40.7% TGC from 89m
• TR2021_10) 21.3m @ 30.2% TGC from 162m
Acting Chief Executive Russell Tipper said the drilling results confirm that the very high-grade graphite mineralisation at Trælen continues along strike, down dip of historical mining operations.
“We are looking forward to an upgraded mineral resource estimate, targeting an upgrade to the current resource, as well as Skaland’s first Ore Reserve estimate after the drilling campaign is completed. Skaland continues to be the foundation of MRC’s graphite operations and we look forward to evaluating expansion options for it to support European decarbonisation and mobility electrification,” he said.
Mineralisation is observed to be increasing in grade when compared to historically mined up-dip levels and graphite flake size is reported as medium to large.
In March 2021, the company commenced a 3,000m drilling programme including 17 holes from the existing development on level +25mRL, focused on resource expansion down dip. To 30 June, 2,167m of drilling from 14 holes have been completed down-dip at Trælen, with the drilling programme expected to be finished in August 2021.
This drilling has confirmed Trælen to be a continuous steep, west-northwest dipping ore body with the mineralised horizon isoclinally folded.
The thickest, most continuous mineralisation occurs as lens-shaped bodies oriented parallel to the main fold axis.
This horizon contains economically interesting instances of graphite, with drilling from this programme intersecting ore zones up to 27 metres wide.
Assay results from infill and step-out drilling along strike confirm continuity of the Trælen mineralisation and the potential to upgrade the Mineral Resource tonnes/classification confirming Trælen as one of the world’s highest-grade operating graphite mines.
For further information please visit: https://www.mineralcommodities.com/
