brr interview with ton md at 8am, page-6

ton holders please remember that syr results from its first drill hole in balama were 10.1% Total Graphitic Carbon .

brad boyle states in the brr that he is hopeful of tgc results of 15-25% tgc based on visuals in our 316m monster. its still open and depth and to the north west. this 316m intersection would be the highest ever recorded anywhere in the world.

ton'sour first hole is 30 metres longer and imo higher grade than syr's first hole. ton's deposit could be higher grade and higher tonnage than syr's balama. ton's market cap is undervalued on comparison with syr's market cap no doubt about it. both companies have got world class deposits one's i would think majors would be hungry for.


below is an extract from syr's june 2012 quarterly report for info.


Syrah Resources Ltd (ASX: SYR) is very pleased to announce that the initial diamond drill hole at the Balama Graphite Deposit has intercepted 287.5m of graphite mineralisation.

The initial 8m was graphite bearing soil and laterite. The
remaining 279.5m comprised graphitic schists. The hole ended in mineralisation.

Based on visual inspection of the core, the graphite content appears to be similar to that encountered in trench T5 which averaged 12.7% total graphitic carbon.

Diamond drill hole BMDD0001, the first hole in the Balama West programme, averaged 10.1% Total Graphitic Carbon (TGC)and 0.12% Vanadium (V) over 287.5m.