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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.
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.
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