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Energizer Resources: Confirmed Jumbo Flake Graphite in Molo Zone with Over 90% Purity

Investing News Network
Apr. 04, 2012 07:48AM PST
Battery Metals Investing

Energizer Resources Inc. (TSX:EGZ,OTCBB:ENZR,FWB:YE5) received assay results from the first of the 6 diamond drill holes drilled over the Molo zone: gaphite mineralization was intersected from surface to a down hole depth of 108 metres at a grade of 8.80%C, and included 49 m at 10.09%C and 23 m at 10.03%C.

Energizer Resources Inc. (TSX:EGZ,OTCBB:ENZR,FWB:YE5) received assay results from the first of the 6 diamond drill holes drilled over the Molo zone: gaphite mineralization was intersected from surface to a down hole depth of 108 metres at a grade of 8.80%C, and included 49 m at 10.09%C and 23 m at 10.03%C.

As quoted in the press release:

The identification of 17 graphite trends, with a cumulative strike length in excess of 320 km, on the 100% owned Green Giant property and 75% owned Joint Venture properties, have validated the Company’s belief that the Green Giant Project has the potential to host a potential graphite camp, with multiple zones. Highlights from zones with analytical results are as follows:

• Molo Zone
◦ confirmation of +50 mesh (“jumbo”) flake graphite with over 90% purity achieved from crushing alone
◦ drill intersections to 108.0 m at 8.80% C; including 49 m at 10.09%C and 23 m at 10.03%C
◦ confirmed to extend for at least 2 kilometres in strike length

• Fondrana Zone
◦ drill intersections to 118.6 m at 6.24%C with metallurgical results pending
◦ trench sampling to 106 m at 7.11%C
◦ average aggregate graphite intersection from drilling is 73 metres with a weighted average carbon assay of 6.14%C
◦ average aggregate trench intersection is 82.5 metres with a weighted average of 6.73%C
◦ at surface and extends to a vertical depth of at least 120 metres
◦ confirmed to extend for at least 800 metres in strike length
◦ Mineralization is open along strike, and at depth

• Fotsy Zone
◦ confirmation of +50 mesh (“jumbo”) flake graphite with over 90% purity achieved from crushing alone
◦ average aggregate graphite intersection from drilling along the ‘Fotsy Main Zone’ is 20.8 metres with a weighted average carbon assay of 5.62%C
◦ average aggregate trench intersection is 10.9 metres with a weighted average of 6.33%C
◦ at surface and extends to a vertical depth of at least 115 metres
◦ confirmed to extend for at least 800 metres in strike length
◦ mineralization is open along strike, and at depth
◦ mapping and prospecting have indicated that this zone extends for over 6 kilometres in length

Click here to read the Energizer Resources Inc. (TSX:EGZ) press release
Click here to see the Energizer Resources Inc. (TSX:EGZ) profile.

energizer-resources energizer-resources-inc otcbb-enzr tsx-egz joint-venture
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