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
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