CDT 0.00% 0.5¢ castle minerals limited

Ann: Additional Graphite Targets At Kambale, page-59

  1. 299 Posts.
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    Hi Crimson from the announcement on the 21/09/2021

    "This work was undertaken to provide an early low-cost indication of the Project’s ability to produce a
    commercial grade concentrate and, if so, to justify a drill-out of the deposit to better understand its size,
    identify any zones of high-quality graphite and to provide a case for a more extensive program of test work
    using samples of fresh, unweathered graphitic schist.
    Fresh material, sourced from deeper within the deposit and at other locations along its extensive strike, may
    produce better results and possibly improved flake-size distribution.
    Kambale is Ghana’s only known graphite occurrence of any size and is one of just a few in the central region
    of West Africa. The reappraisal of the project is consistent with substantially improved market prices for a
    variety of graphite concentrates and products and generally a very positive supply-demand outlook for the
    commodity. These are underpinned by its increasing use not only in its more traditional applications but also
    in the burgeoning manufacture of lithium-ion batteries for use in electric vehicles, consumer electronics and
    electricity storage applications."

    Fine flake <75um predominately.
    https://hotcopper.com.au/data/attachments/5521/5521049-6bd22d2a91df8d85a8421748f9c9a3c3.jpg

    We are patiently awaiting this excerpt from latest announcement.

    https://hotcopper.com.au/data/attachments/5521/5521057-0637209d80392a764129df2383d848cf.jpg


 
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