DAF discovery alaska limited

News: Discovery Africa trenches broad graphite in Tanzania

  1. Discovery Africa (ASX:DAF) has released Total Graphite Carbon assay results from its maiden trenching program across outcropping graphitic zones at its Nachingwea Graphite Project in Tanzania.

    Highlight results included 28 metres at 8.1% TGC from within Trench 4 that contained 73 metres at 5.6% TGC; and 12 metres at 6.9% TGC from within Trench 5 that contained 81 metres at 4.4% TGC.

    A total of 403 metres of trenching and 4 pits were excavated across three exploration targets on two tenements. 

    All trenches encountered broad intervals of graphite mineralisation with coarse flake graphite and mineralisation remains open.

    In addition, a number of trenches ended or started in graphite mineralisation;

    Electromagnetic surveys are now being planned to delineate additional graphite mineralisation.

    DAF has a dominant tenement position at Nachingwea located between and adjacent graphite projects held by Syrah Resources (ASX:SYR) and Magnis Resources (ASX:MNS).

    The project area has comprehensive infrastructure with access to electricity, water, sealed roads and within 180 kilometres of a containerised port facility.

    The company is modestly valued at around $4 million.

     

 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
1.4¢
Change
0.001(7.69%)
Mkt cap ! $3.279M
Open High Low Value Volume
1.3¢ 1.4¢ 1.3¢ $4.939K 372.2K

Buyers (Bids)

No. Vol. Price($)
2 311223 1.3¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 93757 1
View Market Depth
Last trade - 11.27am 11/09/2025 (20 minute delay) ?
DAF (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.