MOZ Motoring as Graphite Story Gains Traction
Little ol’ MOZ has stepped up its graphite exploration schedule in Tanzania…
…with strong incremental results already propelling this company since the start of 2015.
Mozambi Resources (ASX:MOZ)’s market cap has begun to motor since August following positive drill results, and MOZ isn’t stopping there.
The prospect of a JORC resource is looming while the potential-rich graphite/graphene markets are slowly coming to the boil.
In close similarity to its much larger regional peers, MOZ has found shallow depth mineralisation at almost every drill hole, TGC grades of around 9% and Jumbo flake evidenced at almost every prospect.
These factors allow MOZ to stand tall amongst giant explorers like Magnis and Syrah in the East African graphite pool.
Could the recent share price spurts amongst graphite’s most household names be a sign that the budding graphite/graphene markets are gradually blooming?
As a small-cap junior explorer, MOZ has played a relatively bit part role so far in East Africa…
…but all that could soon change on the back of a maiden resource facilitated by steadfast exploration within a region that contains more graphite than the rest of the world combined:
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