Triton Continues to Identify High-grade Graphite Mineralization at Nicanda Hill

Triton Minerals Ltd. (ASX:TON) announced that further assay results from the reverse-circulation and diamond drilling program currently taking place at its Nicanda Hill prospect continue “to identify substantial high grade graphite mineralisation.”

Highlights include:

  • Drilling results return stronger and more continuous graphitic mineralisation to the North, including 10m at 19.6%GrC within 142m at 10.2%GrC (GBNC0034).
  • Multiple high grade zones confirmed by drilling assays over a 3.2kms strike length.
  • Diamond drill hole (GBND0017) intersects 275m graphite mineralisation from surface, finishing in graphite mineralisation and remains open at depth.
  • Mulitple high-grade graphite drill intercepts across the Nicanda Hill mineralisation footprint of up to 25.2% graphite carbon (GrC) (GBNC0026).
  • Significant graphite interceptions with the weighted average graphite carbon, include
    • 142m continuous at 10.2% GrC (GBNC0034), including
      • 36m at 15.2%GrC
      • 10m at 19.6%GrC
    • 137m total at 10.1% GrC (GBNC0026), including
      • 22m at 12.6% GrC
      • 8m at 15.9%GrC
    • 144m continuous at 10.4% GrC (GBNC0029), incuding
      • 20m at 15.5%GrC

Brad Boyle, Triton’s managing director, commented:

The continued interception of strong graphitic and vanadium mineralisation on the initial wide-spaced drilling grid reinforces the Company’s belief that the Nicanda Hill prospect will become one of the world’s largest multi-element project.

Further, the interception of graphite mineralisation of grades up to 25.2%, also continues to validate the extension of the previously identified high grade zones that are present along the entire mineralisation strike length of 4.8kms and can be seen from surface to depths in excess of 400 vertical metres.

These latest drill results continue to provide a solid foundation for the rapid progression and creation of the JORC 2012 resource at Nicanda Hill.

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

Get the Latest Graphite Investing Stock Information

Get the latest information about companies associated with Graphite Investing delivered directly to your inbox.

Graphite Production/Mining
Graphite Prospecting and Exploration
Graphite Resource Definition/Pre Feasibility
Graphite Resource Expansion/Feasibility Study/PEA

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

"Did you know graphite is as tough as diamonds, but its unique structure makes it light, soft, and highly resistant to heat as well?"

Find out everything an investor needs to know about graphite investing. Click below to download a FREE industry report on the graphite market.

Leave a Reply