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    Syrah Resources Reports Assay Results from Balama East

    Investing News Network
    Feb. 06, 2013 10:53AM PST
    Company News

    Syrah Resources (ASX:SYR) announced assay results from the Balama East property. The results confirmed further very wide zones of high grade graphite and vanadium mineralization, starting from the surface and all holes intercepted graphite and vanadium mineralization from the surface. The results show the presence of high grade zones such as 12.52m at 19.3% TGC and 0.39% V2O5 from 2.6m to 15.12m in drill hole BMDD0019, 41.62m at 18.0% TGC and 0.41% V2O5 from 2.6m to 44.22m in drill hole BMDD0027, 42m at 17.4% TGC and 0.41% V2O5 from 2.6m to 44.6m in drill hole BMDD0036, and 51m at 17.6% TGC and 0.342% V2O5 from 0m to 51m in drill hole BMDD0037.

    Syrah Resources (ASX:SYR) announced assay results from the Balama East property. The results confirmed further very wide zones of high grade graphite and vanadium mineralization, starting from the surface and all holes intercepted graphite and vanadium mineralization from the surface. The results show the presence of high grade zones such as 12.52m at 19.3% TGC and 0.39% V2O5 from 2.6m to 15.12m in drill hole BMDD0019, 41.62m at 18.0% TGC and 0.41% V2O5 from 2.6m to 44.22m in drill hole BMDD0027, 42m at 17.4% TGC and 0.41% V2O5 from 2.6m to 44.6m in drill hole BMDD0036, and 51m at 17.6% TGC and 0.342% V2O5 from 0m to 51m in drill hole BMDD0037.

    Highlights include:

    • BMDD0027 – 152.6m at 15.0% TGC and 0.40% V2O5 from 0m to 152.6m
    • BMDD0035 – 248.8m at 11.2% TGC and 0.26% V2O5 from 0m to 248.8m
    • BMDD0036 – 200.6m at 13.0% TGC and 0.37% V2O5 from 0m to 200.6m
    • BMDD0039 – 125.08m at 15.7% TGC and 0.41% V2O5 from 0m to 200.6m

    Click here to read the Syrah Resources (ASX:SYR) press release
    Click here to see the Syrah Resources (ASX:SYR) profile

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