Ann: MOZ announces Largest JORC Graphite Resource in Tanzania, page-2

Mozambi Resources Announces the Largest JORC Graphite
Resource in Tanzania
Highlights:
 Maiden JORC Resource Estimate of 179Mt @ 5.1% Graphitic Carbon
 Largest Graphite JORC Compliant Resource in Tanzania
 Shallow deposit with all drilling limited to 100m maximum depth
 All Deposits remain open along strike and at depth and the project hosts multiple untested targets identified but not yet drill tested
 Exceptional metallurgical results show very high proportion of Super Jumbo +500 Microns and Jumbo +300 Microns flake sizes
 Metallurgical tests results have confirmed graphite easily liberated from the host rock
 Planning to upgrade the deposit to the Indicated and Measured categories is now underway
 Discussions with a number of specialist companies with regards to initiating a Pre-feasibility study (PFS) on the Namangale projects are now underway
 Mozambi is reviewing requests from potential off take partners and end user groups requesting sample product