Walkabout Resources Ltd (ASX:WKT) drill and trench assays have confirmed high-grade graphite extensions at the 100% owned Lindi Jumbo Graphite Project in Tanzania.
High-grade graphite domains continue for 300 metres to the northeast, and remain open.
Highlights include 36.1 metres at 23.5 % total graphitic carbon (TGC) from 3 metres including 7.1 metres at 32.9% TGC from 28 metres.
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Walkabout’s executive chairman Trevor Benson said: “These results easily demonstrate that Lindi Jumbo remains the highest grade, lowest risk graphite project around.
“The high-grade nature of the deposit gives the mine a huge advantage in mitigating start-up risks that face new mine operations.
"The upcoming upgrade of the Mineral Resource should have a positive knock-on effect on the initial mine plan and LOM economics of the project further supporting the Lindi Jumbo Graphite Project as the most significant graphite project ready for development.”
Highest grade graphite in Tanzania
Drill and trench assay results confirm the Lindi Jumbo deposit to contain the highest grade reported graphite mineralisation in Tanzania.
Grades for 1-metre intervals reached 37.1% TGC for drilling and 39.5% TGC for trenching.
Significant drill hole intersections within the resource upgrade area are listed below including A-B cross section.