Energizer Resources Upgrades Molo to Measured Status, Increases Overall Resource

Energizer Resources Inc. (TSX:EGZ,OTCBB:ENZR) has upgraded a portion of the NI 43-101 mineral resource estimate for its Molo graphite deposit to Measured status. Additionally, Energizer has increased the size of the resource overall.

As quoted in the press release:

The new mineral resource for the Molo deposit consists of a Measured resource of 23.62 MT grading 6.32% C, an Indicated resource of 76.75 MT grading 6.25% C and an Inferred resource of 40.91 MT at 5.78% C, for a combined total of 141.28 MT at 6.13%C. A cut-off grade of 4%C was used for the “high grade” zones and 2%C for the “low grade” zones. Please note that while the ‘high’ grade resource occurs within the ‘low’ grade resource, each was estimated and reported separately. The resource remains open along strike and to depth.

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