Triton Discovers Graphite Outcropping at Balama South Project

Triton Minerals Ltd. (ASX:TON) announced that it has located graphitic mineralization outcropping in several locations across 2 kilometers at its Balama South project.

As quoted in the press release:

The initial limited reconnaissance mapping program conducted on Balama South, exploration license 5304, has located numerous occurrences of large flake graphite mineralisation and the presence of vanadium hosting roscoellite.

There are a number of physical similarities between the graphitic outcropping seen at both the Balama North and Balama South projects. This would suggest that there is a strong possibility that the graphite mineralisation seen at the Balama South project, may have developed along the same sub-structure which extends in a north-east direction to the Company’s key Balama North graphite project some 30kms away.

Based on the very limited survey the graphite-rich rock appears to be outcropping on ridges and river beds in a north easterly direction for approximately 2 kilometres before descending beneath cover.

The initial visual review of the outcrops shows potential medium and large flake graphite mineralisation and numerous occurances of roscoellite.

Brad Boyle, managing director of Triton, commented:

The Company is excited with the discovery of the new graphitic outcropping in the Balama South project. This initial small exploration program was about a proof of concept that the Balama South project was a long strike potential from our key Balama North project.

The outcropping has once again confirmed our original analysis and it appears that both projects are situated on the same north east trending substructure, with both project areas hosting large flake graphite and roscoellite. The outcropping zone now provides the Company with very clear exploration target areas in the Balama South project.

Click here to read the full Triton Minerals Ltd. (ASX:TON) press release.