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BALAMA WEST - DRILL HOLE BMDD0006 ASSAYS
BMDD0006 was drilled along strike of BMDD001 and approximately 200m to the southwest (Figures 1 and 2). The results of BMDD0001 were released on 30 August 2012 and showed that the average grade of the entire 287.5m length of BMDD0001 was 10.1% TGC and 0.12% V (0.21% V2O5).
BMDD0006 also began and ended in coarse flake graphite mineralisation to a down-hole depth of 317.5m. The average grade of the entire length of BMDD0006 (317.5m) is 13.0% TGC and 0.17% V (0.30% V2O5). The intercept included a zone of 196m grading at 16.9% TGC and 0.23 %V (0.41% V2O5) from 100m to 296m. Within this higher grade zone is an intersection of 82 m at 20.5% TGC and 0.29% V (0.52% V2O5) from 108m to 190m.