Graphite – Confirmatory Drilling, Sampling/Assaying and Metallurgical Testing

Crater Gold Mining (ASX:CGN, “the Company”) is the registered holder of two contiguous tenements (EPMs 8795 and 18616) in the Croydon region of north west Queensland, which together cover the Golden Gate Graphite Project.
Evaluation Program

The upcoming drilling evaluation program planned for commencement late October to Mid November 2017, will involve the drilling of two diamond holes for a total of 250 metres. Holes will be drilled to geotechnical standard using triple tube equipment, with an emphasis placed on achieving 100% core recovery, rather than on the number of metres drilled per shift.
Thick intersections of fresh graphite mineralisation below the water table are expected in both holes. Samples of the graphite intersections will be assayed for gold and carbon and selected ones will be dispatched for metallurgical testwork to determine the characteristics of the graphite present. Preparations for the drilling program have commenced.

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