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[Tanzania] Armadale completes first phase of drilling in the Mahenge Liandu graphite project

[Tanzania] Armadale completes first phase of drilling in the Mahenge Liandu graphite project

Armadale, the AIM quoted Investment Company focused on natural resource projects in Africa, has announced the c ompletion of the first phase of Reverse Circulation drilling at its Mahenge Liandu Graphite Project in Tanzania, with wide zones of near surface mineralisation intersected over a strike length of 1,200m.

Test work on the bulk sample is now well underway with initial metallurgical test work results showing good recoveries and the production of final graphite concentrates is expected in the coming weeks.

Nick Johansen, Director of Armadale said, “The potential for Mahenge Liandu to host a significant, commercially attractive graphite mining operation continues to be fuelled by these consistently encouraging drill results. Following the completion of our first phase of exploration drilling in the 2017 season, we are delighted to report a consistent area of near surface mineralisation over a strike length of 1,200m, underpinning the scale of this emerging graphite project. With a second phase of drilling being planned, plus geological mapping evaluating possible extensions to the deposit on the wider licence area, I am confident that our maiden JORC Resource estimate of 40.9Mt at 9.41% TGC, which is already one of the largest in Tanzania, has significant room for expansion.”

The first phase of drilling on a 200m by 80m pattern is now complete over a strike length of 1,200m with a total of 25 holes now completed.

The results continue to indicate wide zones of near surface mineralisation over the full strike length, which is expected to cover the area of the initial pit. Several holes had mineralisation much wider than expected up to 105 from surface. Within this areas of high-grade have been logged. Assay from the drilling programme will be released when the results come to hand.

www.armadalecapitalplc.com

 

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