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Energizer Resources Inc. (TSX:EGZ,OTCBB:ENZR,FWB:YE5) announced its strategies and timelines for the development of its Molo Graphite deposit in Madagascar, including a full Feasibility Study in Q2 2013, construction of two pilot plants in Q2 2014, and production in Q4 2015.
As quoted in the press release:
Energizer is now focused on the next series of milestones. These include:
- Commencement of a full Feasibility Study in Q2 2013
- This includes construction of two pilot plants, each at a different accredited lab to;
- i) Produce the necessary quantity of samples for presentation to potential off take partners
- ii) Optimize flake size distribution
- iii) To further upgrade our concentrates from purities between 98% and 98.6% graphitic carbon to battery grade target purity levels of greater than 99%
- Full Feasibility Study completion targeted for Q4 2013
- Start of mine construction targeted for Q2 2014
- Production targeted for Q4 2015
Click here to read the Energizer Resources Inc. (TSX:EGZ,OTCBB:ENZR,FWB:YE5) press release
Click here to see the Energizer Resources Inc. (TSX:EGZ,OTCBB:ENZR,FWB:YE5) profile.