BlackEarth Minerals NL (ASX: BEM) has materially increased its total graphite inventory, by both tonnes and grade at its 100% owned Maniry Graphite Project in Southern Madagascar with the completion of a maiden JORC compliant Mineral Resource estimation for the Razafy Northwest (NW) Graphite Deposit.
The Razafy NW Indicated and Inferred Resource, comprising of 2.9Mt @ 9.82% Total Graphitic Carbon (TGC) at a 6% TGC cut-off grade.
The majority of the Resource has been classified with a high degree of confidence at an ‘Indicated’ classification, with the remainder classified as ‘Inferred’.
This resource estimate is the culmination of the company’s preliminary diamond drilling exploration program to identify shallow high-grade zones at Razafy NW. The successful program was completed earlier this year and will form an integral component to the company’s current DFS activities, which have been progressing in parallel with the resource estimation process.
A review of the company’s earlier Scoping Study is now underway to include the economic impact of both the Razafy NW Resources and shall include improvements and changes to a number of economic and project factors.
Metallurgical Test Work
The aim of the programme undertaken at ALS Global (Perth) was to evaluate the variability of 6 graphite samples through an existing optimal circuit, with select comminution parameters being evaluated on an additional composite. Samples were taken from different locations from within Razafy NW with head grades ranging from 2.9% TGC to 20.7% TGC.
The final results were largely in line with those achieved from the Razafy area. Further details are provided in the technical summary below. Impact of Results and Future Plans The impact of this additional high-grade resource to the company’s defined inventory is material and potentially will add significant value to the project’s economics.
The company’s Executive team continues to identify new and higher-grade areas which will be followed up in 2022. As the map above indicates, the potential of the current 3kmx7km Maniry graphite domain remains significant with an Exploration Target of 260-380Mt @ 6-8% TGC.
For further information please visit: https://www.blackearthminerals.com.au/
