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Energizer Resources Inc. (TSX:EGZ,OTCBB:ENZR,FWB:YE5) intersected wide intercepts of graphite mineralization from its National Instrument NI 43-101 graphite resource drill program on the Molo deposit.
As quoted in the press release:
The Company can now confirm that the Molo deposit begins immediately at surface, and extends to a vertical depth of over 300 metres as evidenced by drill hole MOLO-12-01, which intersected 434 metres of graphite mineralization. The confirmation of graphite mineralization at surface is believed by the Company to be a key benefit of the Molo, as it should allow for cost-effective open pit mining.
Click here to read the Energizer Resources (TSX:EGZ) press release
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