PERTH (miningweekly.com) – Junior Mozambi Resources has reported a maiden Joint Ore Reserves Committee- (Jorc-) compliant resource of 179-million tonnes at its Namangale graphite project, in Tanzania.
The project, which graded at 5.1% graphitic carbon, was considered to host the largest graphite resource in Tanzania.
The resource was calculated from 82 reverse circulation holes and nine diamond holes, with a maximum depth of 100 m, with mineralisation starting near surface.
“The results have been outstanding in every respect. We now have a very significant maiden Jorc resource, coupled with excellent coarse flake-size graphite, which has been drilled from a very shallow depth,” said Mozambi chairperson Stephen Hunt.
“This, together with the fantastic infrastructure goes a long way to ensuring the success of Namangale as a genuine graphite project. We are all very excited by these results and it bodes extremely well for the future development of the company.”
With the Jorc resource established, Mozambi had launched discussions with a number of specialist companies with regards to initiating a prefeasibility study on the Namangale project, while the company was also reviewing requests from potential offtake partners and end-user groups requesting sample product.