SER 0.00% 8.0¢ strategic energy resources limited

uley graphite high quality find

  1. 772 Posts.
    I found this report from PIRSA (SA Government) It quotes some higher quality (eg 15%) figures. I wouldn't be surprised if this drilling lifted the proven resource considerably.
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    "The largest resources are in the southern portion of this zone, and comprise the Mikkira Graphite Province which contains resources of ~350 Mt at 67% graphite inferred from geophysical surveys and the drilling of five prospects. This is the largest reported graphite resource in Australia and includes the Uley Graphite Mine, 18 km west-southwest of Port Lincoln (Fig. 1).
    Graphite concentrate being collected from flotation
    cells at the Uley Mine, 1993.


    Uley was discovered in the 1910s and has been worked intermittently since the late 1920s. Exploration during the 1980s led to reopening the mine in 1986 but a sharp decline in world graphite prices in 1992 saw the operation placed on care and maintenance in 1993. Indicated resources are 2.9 Mt grading 13% graphitic carbon, including 1.5 Mt at 15% graphite. "
    fc
 
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