Black Rock Mining Ltd's (ASX:BKT) managing director, Steven Tambanis, brought Tanzanian graphite to investors this week as part of Proactive Investors Spotlight CEO Roadshow in Sydney and Melbourne.
Black Rock now boasts the third largest JORC compliant graphite resource in Africa - and the fourth largest in the world.
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With Mahenge, its not the sheer size of the resource that’s important, but also the quality.
Mahenge offers significant flexibility for potential development into a long life (+30 year) mining operation.
It has potential to be mined from multiple zones at low strip ratios, high-graded to accelerate capital payback in early years and can be scaled up in future due to the large resource.
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