Graphex: Bulk Sample Test Work Improves Grade and Flake Size

Graphex Mining (ASX: GPX) is pleased to announce that recently completed metallurgical testwork has shown improved results for both the concentrate grade and the flake size distribution of its Chilalo graphite:
Chilalo can produce a graphite concentrate with an average grade of 98.1% total graphitic carbon (TGC) – a significant improvement on previous testwork

• Grades in excess of 99% TGC were found in flake sizes coarser than +80 mesh
• A near doubling in the percentage of +35 mesh material
• And a significant reduction in the proportion of -100 mesh material.

The testwork was carried out by SGS Lakefield in Canada on a 7 tonne composite sample of oxide and fresh material extracted from a series of trenches and test pits. The purpose of the testwork program was to generate marketing samples for distribution to potential customers in China.
Managing Director, Phil Hoskins, commented:

“We always believed that there was scope for improved metallurgical outcomes with further testwork and are pleased that these results have delivered such improvement.
Together with an 80% increase in the Chilalo Mineral Resource announced in February 20171 , these results are expected to improve the already attractive economics of our Chilalo Project.”

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