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    Energizer Resources’ Molo Deposit Selected for Mine Development

    Written by Investing News Network
    |
    May. 24, 2012 06:29AM PST

    Energizer Resources Inc. (TSX:EGZ,OTCBB:ENZR,FWB:YE5) has selected to move its Molo Deposit forward to mine development, and has initiated NI 43-101 resource drilling.

    Energizer Resources Inc. (TSX:EGZ,OTCBB:ENZR,FWB:YE5) has selected to move its Molo Deposit forward to mine development, and has initiated NI 43-101 resource drilling.

    As quoted in the press release:

    This evaluation has now been completed and the Company has selected the Molo Deposit to be brought to mine development. The Company intends to expedite this process and is targeting 2014/2015 for production. It should be noted that this evaluation included metallurgical analysis, which confirms that jumbo flake (i.e. +50 mesh) graphite at an average purity of 93% C can be easily liberated through simple crushing of the Molo deposit graphite.

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

    See this press release on Marketwire
    Click here to see the Energizer Resources Inc. (TSX:EGZ) profile.

    energizer resourcesotcbb:enzrtsx:egz
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