Comparing BUX Graphite Bull with RNA Siviour deposit is like comparing a great white shark with a minnow. Well done to BUX for producing an outstanding purification result but they must now get in and prove up some viable tonnes
BUX discovery JORC 2012 4.2 million tonnes inferred 16.25% TGC 99.97% purity
RNA discovery 2017 51.8 million tonnes indicated TGC aprox 8%. 99.8%. purity
. 28.8 "" "" inferred
. Total 80.6. " "
. Worlds 2nd largest deposit outside Africa
Imo BUX have a lot of work ahead to prove up more tonnage at this project because at this stage it is hardly big enough to be worth mining and if they don't pull their finger out they will miss the boat as there are many graphite projects coming on tap way ahead of Graphite Bull
Ann: Downstream Processing Success at Graphite Bull Project, page-12
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