re: Ann: Balama Drilling Intersects 109 Metre... Two points from...

re: Ann: Balama Drilling Intersects 109 Metre... Two points from the ann apart from 109 continuous metres


1) The graphitic zones intersected are showing a number of structural similarities including the downward dip of the graphite mineralisation to the west, providing the Company greater confidence in the potential continuity of the mineralisation zone.

The company also notes that the graphitic rocks are similar on all four drill sections
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2) A conspicuous green mineral within the graphite schist intersections from Cobra Plains is visually similar to that found in the graphitic mineralisation exposures located earlier this year in the northern section of Target 1 Area

A conspicuous green mineral?
Could be kryptonite, but my guess is green vanadium bearing mica

Maybe a large future potential here for V2O5?
Suggest a read of Syrah's ann from yesterday to see what could be if all the ducks line up.

http://www.stocknessmonster.com/news-item?S=SYR&E=ASX&N=393287