Malagasy Minerals (ASX:MGY) updated on its Green Giant graphite joint venture drilling results.

As quoted in the press release:

Assay results from the first 3 diamond drill holes have recently been received. Drill hole MOLO-12-01 was emplaced to test the down-hole width of the Molo, and intersected 421.3 metres of graphite mineralization grading 6.12% carbon (C).

Click here to read the Malagasy Minerals (ASX:MGY) press release.