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Triton Minerals Ltd. (ASX:TON) released an update on its Mozambique-based projects, commenting that it’s identified a new jumbo flake zone at Nicanda Hill. The zone was discovered as part of a definitive feasibility study drill program and is called P66.

Triton Minerals Ltd. (ASX:TON) released an update on its Mozambique-based projects, commenting that it’s identified a new jumbo flake zone at Nicanda Hill. The zone was discovered as part of a definitive feasibility study drill program and is called P66.
As quoted in the press release:

This new graphitic zone is in addition to the initial JORC 2012 compliant graphite resource as declared in 2014. The Company verifies that diamond drill hole GBND0055 intersected strong graphitic mineralisation with extensive jumbo flake graphite present in the drill core.
Triton has now completed a number of additional drill holes both north and south of the original P66 intersection, which have confirmed the continuity of jumbo flake graphite mineralisation over a considerable distance.
The P66 zone is located to the north-west and outside of the previously defined graphitic mineralisation at Nicanda Hill and was discovered whilst testing a geophysical anomaly located outside the know resource footprint.

Brad Boyle, managing director and CEO of Triton, commented:

The discovery of jumbo flake graphite at Nicanda Hill is an exceptional outcome for Triton and further demonstrates the world class nature of the Nicanda Hill deposit and the likelihood that it will become the premier graphite deposit in Mozambique.
Triton is now targeting to become the only graphite company in Mozambique, and possibly the world, with two market leading graphite projects, that together can provide high volume and quality graphite concentrates and products, which includes greater than 600 micron jumbo flake graphite, to our existing off take partners and additionally to a global range of end users.
The P66 graphite zone potentially provides Triton further opportunities to expand the TMG product range, supply to a greater number of clients and obtain higher sale prices for the Nicanda Hill graphite.

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

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