Sarytogan Graphite Limited (ASX: SGA) has received further positive drilling results from the Sarytogan Graphite Deposit in Central Kazakhstan.
“These exceptional drilling results are continuing to expand what is already a giant graphite deposit. Sarytogan’ s systematic approach is characterising the entire deposit area to identify the best location to be selected for future mining studies,” Managing Director, Sean Gregory, said.
Highlights
• Thick high-grade graphite intercepts returned in four diamond drill holes to the north-east of the Central Graphite Zone (CGZ) and outside the 209Mt @ 28.5% TGC Inferred Mineral Resource1. Significant intercepts above 20% TGC include:
o ST-71 returned a total of 133.9m of graphite mineralisation in separate intervals including:
▪ 5.8m @ 26.4% TGC from 41.4m; and
▪ 10.7m @ 20.6% TGC from 56.2m; and
▪ 36.1m @ 27.2% TGC from 142.0m incl. 12.9m @ 35.8%; and
▪ 29.1m @ 23.1% TGC from 189.7m; and
▪ The hole was abandoned in graphite mineralisation at 218.8m.
o High-grade graphite was returned from surface in ST-70 and included:
▪ 14.3m @ 28.5% TGC from surface; and
▪ 32.5m @ 32.0% TGC from 57.3m incl. 8.2m @ 35.6% TGC; and ▪ 20.7m @ 24.8% TGC from 123.7m.
o High-grade graphite was intersected in ST69 and redrill ST-69A including: ▪ 8.0m @ 27.5% TGC from 11.8m in ST-69
▪ 17.9m @ 23.9% TGC from 8.7m incl. 5.5m @ 38.3% in ST-69A.
• Plus, more high-grade graphite results from within the CGZ:
o High-gradegraphitefromsurfaceinST-68:
▪ 22.9m @ 29.9% TGC from surface incl. 15.8m @ 36.1% TGC; and
▪ 30.8m @ 31.7% TGC from 73.1m incl. 19.6m @ 36.9% TGC.
o Extremely-high-grade individual assay of 2m @ 53.9% TGC in ST-67:
▪ 21.6m @ 35.6% TGC from 6.1m incl. 13.8m @ 43.8% TGC incl. 2m @ 53.9% TGC.
• Assays are pending from drilling more intensively metamorphosed rocks in the CGZ. Further drilling is underway within the CGZ and also to the north and south of the NGZ.
• Drilling is on track to be completed by November 2022 to enable an updated Mineral Resource Estimate in Q1 2023.
• Metallurgical testwork is underway at labs in Australia and Germany.
24 holes for 1,937m have been drilled this year.
For further information please visit: https://sarytogangraphite.com.au/
