BlackEarth Minerals NL has provided an update on the assay results received from trenching programs at the Maniry Graphite Project in Southern Madagascar.
The Maniry trenching program was completed in early December with 47 trenches excavated for 4,314 metres, with 2,183 samples collected for analysis.
479 assay results were returned from the laboratory with the remaining assay results expected to be received and reported upon during the current quarter.
The most impressive assay results were received from Trench MNT041 and MNT041a which were excavated at the Razafy NW prospect, these are summarised below:
- Trench MNT041: 0m at 9.89 per cent TGC, Inc. 48.0m at 10.22 per cent, Inc. 2m at 19.20 per cent and 6.0m at 15.10 per cent.
- Trench MNT041a: 0m at 8.07 per cent TGC Inc. 12.0m at 13.32 per cent Inc. 6.0m at 19.43 per cent.
At this stage the dimensions and size of the graphite deposit are not known, however, historical trenching across the Razafy Graphite Deposit lenses provide a fairly accurate representation of the thickness and grade of graphite to be expected during exploration drilling into the lens.
With this in mind, BlackEarth believes that this significant discovery has the potential to be converted into an estimated mineral resource adding high-grade resource tonnes to their mineral inventory. Further significant assay results received from Razafy NW include:
- MNT040: 20.0m at 7.06 per cent TGC.
- MNT041: 4.0m at 15.35 per cent TGC.
- MNT041a: 16.0m at 6.67 per cent TGC Inc. 6.0m at 10.13 per cent.
- MNT042: 32.0m at 6.14 per cent TGC Inc. 2.0m at 15.50 per cent and 6.0m at 12.30 per cent.
- MNT043: 16.0m at 7.42 per cent TGC Inc. 2.0m at 10.40 per cent.
- MNT043: 26.0m at 7.91 per cent TGC Inc. 2.0m at 11.90 per cent.
This discovery has now extended the known mineralisation within the ‘Razafy Domain’ to over 5 kilometres in length.
This domain will now be the focus of exploration efforts by BlackEarth with the aim of outlining the scale and potential of the domain and the delineation of high-grade mineralisation to complement the initial stages of a mining operation.
BlackEarth Managing Director Tom Revy said last month was a milestone event with the release of the Scoping Study on their Maniry Graphite Project.
“Bottom line is that we set ourselves some very ambitious targets in our first 12 months, targets that many thought were too much of a stretch, but we met them and the results we achieved certainly exceeded even our expectations and today’s release is no exception,” he said.
“As the company officially moves from explorer to developer, the potential of the Maniry graphite project is extraordinary – the size of the district, the work completed to date and the value that lies before us,” shared Mr Revy.