Kibaran Begins Feasibility Study on Epanko Graphite Deposit

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Kibaran Resources Ltd. (ASX:KNL) announced that it has started a feasibility study on its Tanzania-based 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.

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