Global Metals Acquire Hatua Graphite Projects

Global Metals Exploration NL (ASX:GXN) announced it will acquire Hatua Resources Limited, which holds a number of graphite projects.

As quoted in the press release:

• Global Metals to acquire 100% of Hatua Resources (T) Ltd, a Tanzanian-focused graphite explorer.
• Hatua’s Projects are highly prospective for graphite mineralisation including outcrops of course flake graphitic schist with grades up to 10% Carbon identified over a 900m strike and 400m width.

Click here to read the Global Metals Exploration NL (ASX:GXN) press release.