International Graphite Limited (ASX: IG6) has added yet another tranche of strong assay results from ongoing drilling at the Springdale Graphite Project, in Western Australia.
Standout diamond drilling results include:
▪ 4.6m @11.1% Total Graphitic Carbon (TGC) from 81.6m downhole (SGDD0002).
▪ 10.1m @13.0% TGC from 88m downhole including 2.0m @22.5% TGC from 89.0m downhole (SGDD0002).
▪ 8.8m @8.3% TGC from 22.0m downhole (SGDD0003).
▪ 2.5m @13.0% TGC from 57.5m downhole (SGDD0003).
▪ 1.8m @10.1% TGC from 64.8m downhole (SGDD0003).
▪ 8.6m @14.8% TGC from 9.4m downhole, including 1.6m @32.4% TGC from 15.2m
downhole and 2.7m @13.8% TGC from 39.5m downhole including 1.0m @24.4% TGC from 40.2m downhole (SGDD0006).
“Every phase of our drill programme at Springdale has identified either new areas of high-grade mineralization or confirmed the existing high-grade zones,” Managing Director and CEO, Andrew Worland, said.
“These diamond drill results give us great confidence about the quality and potential of the Springdale resource and its capacity to sustain a shallow, long life open pit mining operation.
“The data from this drilling provides key geological input that will be used in the next stage of resource modelling as we progress mining studies and feasibility assessment.”
Springdale Drilling Programme
The 12 diamond drilling holes outlined in this release were completed in the high-grade domains of the mineral resource block model at the northern and southern end of the western half of the existing Springdale Mineral Resource.
The RC holes were spaced north to south to further validate the block modelling of the Springdale Mineral Resource.
All drilling undertaken at Springdale continues to be shallow to a maximum of 100-125 metres with all holes remaining open at depth. Infill drilling will continue at Springdale through February 2023 at which point, following the receipt of assay results, the company expects to have sufficient data from its program to complete a new mineral resource estimate for Springdale that would support mining studies and feasibility assessment.
For further information please visit: https://www.internationalgraphite.technology/
