Next Graphite Announces Assay Results

Resource Investing News

Next Graphite (OTC PINK:GPNE) has announced results of assays on approximately 160 kilograms of samples sent to TEA-Lab in Namibia. As quoted in the press release: The average grade of 59.40% Cg (Carbon as graphite) for initial samples resulted from screening material taken from the Aukam dumps. Average grades of flake graphite deposits typically range …

Next Graphite (OTC PINK:GPNE) has announced results of assays on approximately 160 kilograms of samples sent to TEA-Lab in Namibia.
As quoted in the press release:

The average grade of 59.40% Cg (Carbon as graphite) for initial samples resulted from screening material taken from the Aukam dumps. Average grades of flake graphite deposits typically range from 1.5% to 25% Cg.
Assay Results
Total assay results of seven samples weighing between 20 and 30 kg were in a range of 55.64% to 63.87% Cg (carbon as graphite), averaging 59.40% Cg (results below). While these samples were selected from a larger 1.6 tonne sample, they are not considered representative of the mineralization on the Aukam dumps property as a whole.

Cliff Bream, CEO, said:

We expect the balance of our 1.6 tonne sample will respond well to processing and look forward to the results of those tests. These initial tests were made in preparing for initial Purchase Order shipments scheduled to begin in July or August of 2016.

Click here to read the full press release.