Ann: Exceptional Super Jumbo and Jumbo Flake Graphite Results, page-2

ASX ANNOUNCEMENT
By e-lodgement
8 March 2016
Exceptional Super Jumbo and Jumbo Flake Graphite Metallurgical Results Continue
Highlights:
 New metallurgical results across all Namangale deposits show consistent outstanding Super Jumbo and Jumbo Flake size graphite
 Outstanding distribution of up to 94.5% confirmed in high value categories of Super Jumbo +600 microns, Jumbo +300 microns and Large + 180 microns flake graphite
 New Results received from SGS Laboratories South Africa on 6 Diamond core composites further validates the consistency of graphite flake size and adds greatly to previously received metallurgical results
 Metallurgical results are confirming easy separation of graphite flake from the host rock following a simple crushing and process, with no chemical liberation required
 Multi-element assays of graphite mineralisation has also shown low levels of potentially deleterious trace elements
 Flotation test work is currently underway from representative materials from all three deposits in order to produce a graphite concentrate at ALS in Perth.
 Strong demand is continuing for Super Jumbo and Jumbo flake graphite from end user companies in the Lithium – Ion battery market
 Positive discussions are continuing with potential end-user groups