Ozone are you sure , what's below has been reported 4 times ?
Recent Exploration
This most recent program of work has focused on the Razafy Prospect (Lens L) and has consisted of detailed mapping and sampling of 6 lenses of outcropping high-grade graphite mineralisation (Figure 1). The key outcomes of the work include:
• Identification of 6 high-grade outcropping course flake graphite horizons extending over 1.6 kilometres;
• Graphite horizons have been mapped at widths ranging from 20 to 70 metres;
• Sampling of the mineralisation indicates consistent grades with low variability and the potential for areas of very high grade mineralisation (peak result 33.66%C);
• Preliminary petrological analysis of selected samples confirms the high quality nature of the graphite mineralisation. The graphite flake size is generally >0.7mm with some material as course as several millimetres. The graphite is largely free from inclusions of other minerals; and
• Composite samples of the mineralisation have been collected and have been submitted for comprehensive metallurgical test work.
The width, strike length and proud outcropping nature of the high-grade graphite mineralisation indicate the potential for significant tonnages of high-grade, high-quality graphite mineralisation. The metallurgical test work will provide initial data on the quality of the mineralisation.
This work has clearly demonstrated the potential for the Maniry Graphite Project to host significant deposits of high-grade graphite mineralisation. When it is considered that the Razafy Prospect is the first of 12 targets to be assessed in detail it is clear that a new graphite province has been discovered by Malagasy Minerals.
MGY Price at posting:
4.5¢ Sentiment: Buy Disclosure: Held
