Sarytogan Graphite Limited’s (ASX: SGA) wholly-owned subsidiary, Ushtogan LLP, has been granted a licence to explore the Kenesar Graphite Exploration Project in northern Kazakhstan.
Highlights
• Brand new 309sq. km exploration license in northern Kazakhstan granted for six years.
• The geology at Kenesar is prospective for graphite mineralization, complementary to the premium micro-crystalline graphite at Sarytogan’s flagship Sarytogan Graphite Project.
• Kenesar leverages Sarytogan’s exploration team’s skills to operate skillfully and efficiently in Kazakhstan.
• An EM geophysical survey is planned, with the highest priority targets scheduled for exploration drilling during the 2023 field season.
“Sarytogan’s sustainable competitive advantage is our in-country exploration team’s ability to identify, explore and develop mining projects in Kazakhstan,” Sarytogan Managing Director, Sean Gregory, said.
“As we move into the studies phase for the giant and premium microcrystalline Sarytogan Graphite Project, our new Kenesar project provides a relatively low-cost opportunity to leverage our future position in the graphite market.”
Location and Tenure
Kenesar is located in Akmola Province, northern Kazakhstan. The region has well- developed infrastructure of highway roads, railways and high-voltage powerlines. The Kenesar area is connected by highway to Kazakhstan’s capital Astana (270km) and is 40km away from regional centre Kokshetau city (population 170,000). The nearest railway station is 15km away by bitumen road. The distance by highway from the Sarytogan Graphite Project to the Kenesar Exploration Project is 660km.
Sarytogan Graphite Limited’s wholly-owned subsidiary company Ushtogan LLP has now been granted an exploration licence to explore 150 graticular blocks (309km2) for minerals.
Exploration Plan
While graphitic schists are observed in outcrop in many areas much of the prospective formation is obscured by shallow Quaternary sediments. To identify the higher-grade and shallower graphitic mineralization, Sarytogan has planned an Electromagnetic (EM) survey over the project.
Exploration drilling is planned for the highest priority targets identified by the EM survey during the 2023 field season. Regular exploration results are expected to flow throughout the year.
For further information please visit: https://sarytogangraphite.com.au/
