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Alabama Graphite Completes First Eight Core Holes at Coosa Graphite Project
Oct. 25, 2012 07:28AM PST
Battery MetalsAlabama Graphite (CNSX:ALP,FWB:1AGWKNA1J35M) has completed drilling eight core holes, with additional holes currently being drilled at its Coosa Graphite Project.
Preliminary core logging has revealed that graphitic schists are the dominant rock type encountered in each of the first five stratigraphic holes. Cross-sections based on the drill results indicate that the graphitic schist unit has a true thickness in excess of 1600 feet (515m).
Alabama Graphite CEO Danny Spine said:
We are very excited about the drilling which appears to have intercepted consistent graphite mineralization as expected. The core lengths look very encouraging as we now await assay results. The drill program remains ahead of schedule and under budget so we are pleased with the progress to date”
Click here to read the Alabama Graphite (CNSX:ALP,FWB:1AGWKNA1J35M) press release
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