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TON 5.4¢

IM Graphite News in Brief 30 January – 5 February

  1. earlyrise

    987 Posts.


    TON is mentioned in this lengthy IM News update:

    "Nearby, Australia-headquartered Triton Minerals Ltd has identified three new exploration prospects at its Ancuabe project in northeast Mozambique, following a 1,800 km line VTEM survey of the property completed in late 2014.

    Triton said that it intends to test these new anomalies with exploration and drilling later this year and is awaiting results from the rest of the survey data.

    Separate reconnaissance mapping and sampling on one previously identified prospect area at Ancuabe has confirmed the presence of visible jumbo flake (>2,000μm) graphite. Assays of rock chip samples taken from the prospect yielded average grades of 17.6% C, with a maximum grade of 22.3% C.

    Triton has also collected a 12 tonne bulk sample from its nearby Nicanda Hill graphite project for pilot plant level studies. Assays from the sample averaged 17.2% C".

    Please DYOR.

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