from the last quarterly 30/04/13
Balama is the largest known graphite deposit in the world and will grow significantly once a resource is calculated for Balama East (exploration target of 300-400 million tonnes at 11% TGC). Mineralisation remains open in all directions.
The Ativa Zone at a grade of 21% TGC is amongst the highest grade deposits recorded for flake graphite globally.
The Balama Scoping Study results are anticipated to be announced within 2 weeks. Also, the Balama East resource is anticipated to be announced within 2-3 weeks.
from the last quarterly 30/04/13Balama is the largest known...
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