Black Rock's graphite testing delivers impressive early results
This product isclassified as 'very high risk' in nature due to its location and geopoliticalsituation of the region. Finfeed advises that extra caution should be takenwhen deciding whether to engage in this product, however if you are not surewhether it is suitable for you we suggest you seek independent financialadvice.
Black Rock Mining (ASX:BKT) thismorning confirmed its industry-leading ease of processing, grade and flakesizes for Mahenge Graphite Project in Tanzania.
The Mahenge Graphite Project isone of the largest JORC-compliant flake graphite Mineral Resource Estimatesglobally, with a MRE of 211.9m tonnes at 7.8% TGC for 16.6m tonnes of containedgraphite. Of that, more than 50% of the Resource is in the Measured andIndicated categories.
Pilot plant testing at SGSLakefield in Canada processed 90 tonnes of Mahenge graphite ore, comprising 50tonnes from Cascades and 40 tonnes from Ulanzi to produce approximately 10tonnes of concentrate.
Approximately 70% of the primarycleaning circuit for the Ulanzi product contained flake sizes above 80 mesh(180 microns). BKT also reported that primary cleaning delivered a 95%concentrate and a secondary cleaning circuit increased this to 97.5% withminimal flake degradation, while further increases in grade are possible.
A summary of the test resultsfor the drill core and surface bulk sampling program from Ulanzi is presentedbelow:
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Of course, as with all minerals exploration, successis not guaranteed. Consider your own personal circumstances before investing,and seek professional financial advice.
BKT CEO John de Vries said, "Forour Mahenge Graphite Project to be able to produce a premium-sized product,better than 97.5% carbon LOI (Loss on Ignition) straight off a three-stage Fcircuit is simply stunning. The relatively small amount of polishing requiredto produce the premium product is particularly outstanding. This allows BKT topreserve graphite flakes and target higher value markets where purity and sizeattract a premium price.
"We believe through the consistentdelivery of outstanding results and progress, Mahenge is demonstrating itselfas the best undeveloped graphite project available globally."
The pilot plant has producedaround 10 tonnes of concentrate that BKT is shipping to potential partners andcustomers. This is an important step in enabling pre-qualification test worksand establishing the industry-leading quality of the Mahenge Graphite Projectconcentrate.
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