"...Jolly Tar –substantial graphite potential In addition to gold, substantial deposits of graphite were previously discovered at the Jolly Tar prospect during exploration hosted in what is interpreted as the carapace of a granitic intrusive. Drill logs and assay data on part of the known Jolly Tar prospect shows that wide zones containing between 21 and >50% graphite are noted to be present in the footwall of the gold zone. No graphite assays are reported for the underlying graphite mineralisation...."
