Exceptionally High Grade Assay Results from Infill Drilling at Springdale Graphite Project

International Graphite (ASX:IG6) reports results from infill drilling at Springdale Graphite Project.

• New results received from 14 holes (912m) of RC infill drilling at Springdale.
• Highlights¹ include:
  • 15m @ 13.4% Total Graphitic Carbon (TGC) from 36m downhole, including
  • 3m @ 27.2% TGC from 38m downhole (SGRC0028)
  • 11m @ 16.1% TGC from 32m downhole, including 5m @ 27.8% TGC from 33m downhole (SGRC0022)
  • 8m @ 12% TGC from 22m downhole, including 3m @ 20.1% TGC from 24m downhole (SGRC0033)
  • 32m @ 5.9% TGC from 31m downhole, including 1m @ 22.5% TGC from 52m downhole (SGRC0030)
  • 19m @ 4.7% TGC from 5m downhole (SGRC0034)

• Assays support the current interpretation and potentially highlights a number of higher-grade domains within the broader mineralised system.
• Assay results from further drilling at Springdale are pending and will be released when received.

Commenting on the results, International Graphite (ASX:IG6) Executive Chairman Phil Hearse said, “The success of our exploration and infill drilling program gives us great confidence that we will establish a long-life mineral resource at Springdale.

“Drilling at Springdale continues to deliver outstanding graphite results and will assist in reclassification of the inferred mineral resources to indicated status.

“This is an important stage in the mine development cycle and a significant step in our vision to be self-sustaining and the first mine to market graphite producer wholly operating in Western Australia.”

Click here for the full ASX Release

This article includes content from International Graphite, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.