redhulk - "With UNX recent metallurgy tests conducted on...

redhulk - "With UNX recent metallurgy tests conducted on material from the Nachu tenament that produced a graphite flotation concentrate of 99.4% TGC (Total Graphitic Carbon)"

99.4% TGC was after a basic castic bake process. Crush & float produced 94.4% TGC

"Excellent early stage metallurgical test results with up to 94.4% Graphitic Carbon (%Cg) through conventional flotation processes"

"Uranex Limited (ASX: UNX) has produced a graphite concentrate of 99.4% TGC following a test using a caustic bake process on a sample of D block flotation concentrate."

In Summary:

"Test work will continue on optimising and improving the metallurgical process, however results to date show that the ore from the Nachu tenement is able to be processed to produce a very marketable high grade flotation concentrate. Further, it demonstrates the ability for the concentrate to be upgraded through chemical processing to the high purity required for the premium markets."

and the juicy bit

"CEO Mr Rod Chittenden commented, “This is an outstanding result for our project. We now have confirmation that our concentrate can be upgraded to levels that will suit the battery market. Today’s result will also progress ongoing discussions with potential off-take partners.”

and apparently that is just what has happened - lov'ing it !!

of course no issues to date with impurities:

"No deleterious elements found in multi-element analysis of 402 samples from the Reverse Circulation (RC) drilling program"

Oh yes + lots of large to jumbo flakes + huge area + close to surface etc etc etc ......

Cheers to Jumbo-Flake the sleeping Elephant.