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Sama Graphite (TSX VENTURE:SRG) (“SRG” or the “Company”) today announced that preliminary results received from its drilling program currently underway on the Lola Graphite property in the Republic of Guinea, have significantly expanded the Company’s perceived potential of the property. Highlights Approximately 50% of the drilling program has been completed Thickness of the weathered profile …
Sama Graphite (TSX VENTURE:SRG) (“SRG” or the “Company”) today announced that preliminary results received from its drilling program currently underway on the Lola Graphite property in the Republic of Guinea, have significantly expanded the Company’s perceived potential of the property.
Highlights
- Approximately 50% of the drilling program has been completed
- Thickness of the weathered profile extends to a depth of up to 30 to 35 meters, considerably more thickness than the originally anticipated depth of 20 meters
- Presence of massive graphite veins
- Assay results confirm the high-grade potential, comparing favourably with first-tier prominent graphite occurrences worldwide for graphitic carbon grade
- Size distribution and chemical purity place the Lola Graphite deposit among the very few flake graphite deposits with such high flake yield and purity
The 4,800-meter drilling program is underway on the property with an objective to delineate National Instrument 43-101 mineral resources. The Company has completed 83 boreholes totalling approximately 2,300 meters, representing approximately 50% of the program.
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