Mozambi Reports Maiden JORC Resource for Namangale Project

Mozambi Resources Ltd. (ASX:MOZ) announced the maiden JORC resource for its Tanzania-based Namangale project. According to the company, it’s the largest JORC graphite resource in the country at 179 million tonnes at 5.1 percent graphitic carbon.
Other highlights include:

• Shallow deposit with all drilling limited to 100m maximum depth
• All Deposits remain open along strike and at depth and the project hosts multiple untested targets identified but not yet drill tested
• Exceptional metallurgical results show very high proportion of Super Jumbo +500 Microns and Jumbo +300 Microns flake sizes
• Metallurgical test results have confirmed graphite easily liberated from the host rock
• Planning to upgrade the deposit to the Indicated and Measured categories is now underway
• Discussions with a number of specialist companies with regards to initiating a Pre-feasibility study (PFS) on the Namangale projects are now underway
• Mozambiq is reviewing requests from potential off take partners and end user groups requesting sample product

Click here to read the full Mozambi Resources Ltd. (ASX:MOZ) press release.