It's easy to see why some others are concerned that Ancuabe will be a success, it probably threatens some markets that they seem to be totally relying on. Anyway regardless of how this VA turns out, does anyone seriously believe Ancuabe isn't going to get developed by someone, dream on if you fall into this category. But that's just IMHO.
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Initial flotation test work of Ancuabe material has returned some of the highest concentrations of jumbo and super jumbo flake graphite ever recorded from East Africa, with more than 72% of flake size >300 micron (μm) and 43% in the category of >500μm, at grades of more than 98% Total Graphitic Carbon (TGC).
Triton CEO and Managing Director, Garth Higgo, stated “Although only around 10% of the Ancuabe tenements have been explored so far, the initial drilling results and metallurgical test work results are extremely positive.
The significance of these results indicates that Ancuabe has the potential, subject to additional work, to clearly differentiate Triton from all other graphite development projects.
In comparison with other East African graphite projects with deposits in the jumbo and super jumbo graphite flake category, and given the premium prices that high purity super jumbo can attract, the investment and development opportunity for Ancuabe is compelling.”
