Kibaran Begins Feasibility Study on Epanko Graphite Deposit

Kibaran Resources Ltd. (ASX:KNL) announced that it has started a feasibility study on its Tanzania-based Epanko graphite deposit. The “key milestone” follows the completion of an updated scoping study.

Study outcomes will include:

• Conversion of current JORC Mineral Resource estimate to a Reserves category
• Mine design, pit optimisation and production scheduling
• Process plant design and associated infrastructure studies
• Updated capital and operating cost estimates to an accuracy level of +/- 10% to 15% on capital and +/-10% on operating costs
• Conclusion of additional marketing and concentrate off-take agreements
• Financial analysis and modelling.
• Evaluation of mine and plant expansion capabilities to increase tonnage throughput
• Completion of a bankable feasibility document

Click here to read the full Kibaran Resources Ltd. (ASX:KNL) press release.