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Magnis Releases Further Assays from Nachu Graphite Project
Oct. 30, 2014 12:05PM PST
Resource Investing News 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.”
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.
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