”Flotation test-work completed on two composite samples from recent drilling at the BGC1 Prospect at Mount Peake have returned graphite concentrate grades above 90.0%, which is an excellent result.”
https://www.tngltd.com.au/wp-content/uploads/2019/11/6702928.pdf
It seems the grade is okay ( >90%) but the bulk of the mineralisation is at a depth of between 200m and 300m.
There are deposits at shallower depths but are there enough to make it worthwhile?
Perhaps not for TNG but for another miner there might!
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- Ann: Graphite and metallurgical results from Mount Peake
Ann: Graphite and metallurgical results from Mount Peake, page-43
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