Thick flake graphite intersections including 49m @ 7.61%Cg and 32m @7.23%Cg have been recorded from the Phase 2 Drilling program at the Guemam Graphite Project in South Korea.
These results are expected to contribute significantly to a sizeable resource upgrade due in the coming weeks.
The initial upgrade is expected to mirror the size of the McIntosh flake graphite deposit in Australia with follow up drilling expected to add considerably more tonnage.
The resource upgrade at Guemam added to the McIntosh deposit adds an important volume dynamic for Lamboo Resources critical to satisfy more potential supply contracts.
here is a clip from todays report.
This was from the mine that Samsung got its graphite from in earlier days.
This Korean deposit will no doubt bring in itself a 20 year mine life of all the right stuff for the increasing battery market.
LMB no doubt will have 2 mines going at once,if they need to.
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