Syrah Resources (ASX:SYR) has upgraded 90% of the Indicated Resource at the Ativa Zone of its Balama West Project in Mozambique, to the higher confidence Measured category.
As quoted in the press release:
Syrah Resources is pleased to announce the upgrade of 90% of the previous Indicated Resource to Measured Resource. Also some of the Inferred Resource was likewise upgraded to Measured Resource.
Investing in graphite? Eagle Graphite Incorporated (TSXV:EGA) owns one of only two natural flake graphite production facilities in North America. Eagle Graphite recently achieved 99.995% purity from flake graphite produced from the processing plant of the Black Crystal project in BC.
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