Kibaran Resources delivers best ever graphite hit at Mahenge project, page-2

The text from Proactive Link;

Kibaran Resources (ASX:KNL) continues to deliver impressive drilling results from the Epanko deposit within the Mahenge Graphite Project in Tanzania, with each new set of results better than the last.

Kibaran's shares are expected to open firmer at the open.

The latest reverse circulation highlight is: 28 metres at 13.8% Total Graphitic Carbon TGC, including 18 metres at 17.0% TGC and 22 metres at 12.3% TGC, including 12 metres at 15.5% TGC.

These results complement earlier assays that delivered significant intersections and high-grade graphite with intersected grades as high as 20.1% TGC.

Importantly - all drill holes intersected high-grade, premium large flake graphite mineralisation, with the majority encountering graphite mineralisation from surface to the end of hole.

These results could be just the beginning, considering that the Epanko graphite mineralisation remains open at depth and in all directions.

Analysis
The results highlight the best ever graphite intersection at the Epanko deposit is the high-grade, intersecting premium large flake graphite mineralisation.

News flow is set to continue for Kibaran, with the next key catalysts including more drilling results next week.

A resource upgrade is also underway, which is expected to significantly increase the deposits size, while boosting part of the resource into the higher confidence Indicated and Measured categories.

Proactive Investors expects a substantial increase in the resource.

The company's next step is to expand this to include a direct relationship with a major end user, and these results will open doors for that opportunity.