Bora Bora Resources (ASX:BBR) is preparing to release highly...

Bora Bora Resources (ASX:BBR) is preparing to release highly anticipated exploration results from its Matale/Kurunegala Graphite Project in central Sri Lanka.

The ASX has granted a trading halt, which will be in place until the opening of trade on Thursday 17th July 2014, or earlier if an announcement is made to the market.

Sri Lanka vein graphite is known for its very high grade (+90% C ROM).

Bora Bora has been a share market star recently, with its shares jumping three-fold since March after delivering a string on milestone announcements.

These included entering into a binding Heads of Agreement that places the company on the fast track to potential commercial graphite and graphene oxide production in Sri Lanka.

The company has also signed a binding MoU with Monash University to commercialise its patented graphene applications.