Triton Minerals (ASX: TON) has received significant interest from investors in recent months with the company’s exploration highlighting the potential of its Balama North Graphite Project to host multiple world class deposits.
This has included initial drilling intersecting 14.7 metres at 18.7% graphite including 1 metre at 28.6% graphite and 40 metres at 14.2% graphite including 10 metres at 20.1% graphite.
Managing director Brad Boyle is presenting at the “Stars in 2014" Investor Forum this month in Sydney - REGISTER HERE.
The limited drilling program has helped to indicate that the graphite mineralisation zone the Nicanda Hill prospect is at least 200 metres wide at surface and 150 metres deep.
Furthermore, there is over 3.75 kilometres of graphitic schist outcropping identified indicating the potential of the Nicanda Hill prospect to host a very large high grade graphite deposit.
Notably, the results provide Triton the confidence to proceed with the design of a more detailed drilling program along the 5 kilometre graphitic mineralisation zone identified on the Nicanda Hill prospect.
Results are also been awaited from infill drilling at the Cobra Plains prospect, rock chip samples from Black Hills and Charmers prospects and the Nicanda Hill prospect trenching samples.
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