The cross section showing the logged and interpreted geology illustrates the fantastic result that EVERY drill hole resulted in mineralisation from close to surface.
It is particularly significant that GBNC0005 & 6 ended in mineralisation and are open at depth.
As well as this from the company:
"
IMPLICATIONS
These initial drilling results confirm the world class potential of the Balama North project. It is anticipated that this drilling will provide the necessary data to estimate a Mineral Resource for this prospect by early 2015.
Should the drilling program confirm the continuity of the graphite mineralisation throughout the prospect, then Nicanda Hill has the potential to be a number of times
larger than the Cobra Plains deposit and potential to become one of largest high grade graphite projects in the world
.
The opportunities that such a large deposit of graphite could afford to Triton include the ability to high grade certain parts within an encompassing body of graphitic
mineralization, potentially allowing for very low strip ratios and possibility to customize product.
Triton is extremely optimistic of continued exploration success as the drilling program progresses during 2014 and is looking forward to providing further exploration updates to the market, as the information becomes available."
All fantastic for a bright future.
SJB
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