High Grade Graphite Intersections At Springdale Identifies New Prospect ‘Springdale Far West’

International Graphite (ASX: IG6) is pleased to announce the results of nine RC exploration holes from drilling at the Springdale Graphite Project (“Springdale” or the “Project”), near Hopetoun and 25km south of Ravensthorpe in Western Australia (Figure 1).

• Results from nine holes (721m) of RC drilling at SDW_1 has intersected multiple zones of shallow graphite mineralisation over a strike length of over 700m and is open in all directions.
• Stand out results1 include:
  • 7m @ 13.3% Total Graphitic Carbon (TGC) from 71m downhole, including

4m @ 19.9% TGC from 73m down hole (SGRC0002)

• 5m @ 12.8% TGC from 45m downhole, including

2m @ 25.0% TGC from 47m down hole (SGRC0004)

• 10m @ 9.5% TGC from 36m downhole, including

2m @ 15.0% TGC from 39m down hole (SGRC0006)

• The area drilled in this program has been named ‘Springdale Far West’ and is located within 500m of the existing Springdale Mineral Resource.
• Results from drilling to date demonstrate the excellent pathfinding ability of electromagnetic geophysical survey data to target additional graphite proximate to the existing Springdale Inferred Mineral Resource Estimate of 15.6Mt @ 6.0% TGC, including a high-grade component of 2.6Mt @17.5% TGC)2.
• Assay results from further drilling at Springdale are pending and will be released when received.

Commenting on the results IG6 Executive Chairman Phil Hearse stated

“These exploration results are exceptional and confirm the use of electromagnetic geophysical survey data to highlight the substantial graphite mineralisation potential across our Springdale tenements and the potential for significant resource growth at the project. We have intersected multiple shallow zones of high- grade mineralisation, which consistent with the existing resource, appears to be amenable to simple open pit mining. I am looking forward to receiving the pending drilling assays and am excited by the prospect of growing the resource inventory at the project to support a long life mining operation feeding our proposed downstream processing facilities supplying battery anode materials and industrial products from Collie.”

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