Buxton Resources Ltd. (ASX:BUX) released the results from four of the 17 drill holes recently completed at its Western Australia-based Yalbra graphite project.
As quoted in the press release:
Drilling has so far confirmed and extended graphite mineralisation defined in the 2013 drilling program. Of particular note is the identification of a new and very wide zone of graphite in drill-hole YBRC028 which returned a down-hole intercept of 127m @ 13.4% TGC. This intercept remains open, with the hole having finished in 1m grading 28.9% TGC.
Additionally, intercepts YBRC029 show that graphite mineralisation extends west of the currently defined resource area. The major zones of graphite mineralisation are also generally open in most positions along strike to the west, and at depth.