Magnis Releases Further Assays from Nachu Graphite Project

Magnis Resources Ltd. (ASX:MNS) announced the latest assays from its Tanzania-based Nachu graphite project, commenting that they “show consistent intercepts between mineralised drill holes.”

The company is on track to put out a maiden JORC resource for the project in November.

High-grade intercepts include:

• 12m @ 11% Cg including 4m @ 22.9% Cg (NARC109)
• 21m @ 9.3% Cg including 5m @ 10.8% Cg (NARC111)
• 19m @ 9.5% Cg including 8m @ 12.6% Cg (NARC121)
• 26m @ 8.6% Cg including 6m @ 16.7% Cg (NARC120)

Click here to read the full Magnis Resources Ltd. (ASX:MNS) press release.