TON 9.09% 1.0¢ triton minerals ltd

Ann: Drill results extend T12 deposit, support resource upgrade, page-3

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    Seems consistent with their fast track philosophy, should be a solid month of positive announcements.

    Triton Managing Director, Peter Canterbury, said “The latest results confirm the T12 deposit extends at good thickness and grade in an area outside the previously identified Resource, complementing the new T16 discovery which has delivered exceptional results near surface. In addition, the petrography from both deposits (see figure 6 below) shows large in situ flake size with little or no impurities ingrained in the flake structure, an excellent indication of easy liberated lake flake graphite.

    Triton will release an updated Mineral Resource and Scoping Study for the Ancuabe Project in March 2017, and subject to those results plans to immediately commence a Pre-Feasibility Study. For the Scoping Study, Triton is working with graphite and region experienced consultants including CSA Global, Battery Limits, and Knight Piésold. The study will be completed by the end of March and will be the launching pad for fast-tracked feasibility studies.”

    JJ
 
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