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Triton Minerals Ltd. (ASX:TON) announced that Exploration License 5966 has now received official approval and granting from Mozambique’s mining minister. That means the area in which the company is exploring for graphite has increased.
Triton Minerals Ltd. (ASX:TON) announced that Exploration License 5966 has now received official approval and granting from Mozambique’s mining minister. That means the area in which the company is exploring for graphite has increased.
As quoted in the press release:
Triton is currently redefining the exploration program to obtain a better understanding of substructures and to test the continuity of graphite mineralisation between the Cobra Plains Prospect on License 5365 and Nicanda Hill Prospect on License 5966 which now spans over 10kms in length.
Brad Boyle, managing director at Triton, commented:
The granting of Exploration License 5966 now provides the Company the ability to start exploring the highly prospective graphite area of Nicanda Hill Prospect. Reconnaissance geological mapping has identified a number of graphitic exposures over a zone roughly 3.75km long.
Triton will now expand the current exploration program, which has previously been focused on drill testing the 5km long Graphite and Vanadium mineralisation zone at Cobra Plains Prospect, to investigate the Graphite and Vanadium potential, being a long strike to the northeast at the Nicanda Hill Prospect.
Click here to read the full Triton Minerals Ltd. (ASX:TON) press release.