March 2014 Updates To The TMR Advanced Graphite Projects Index

I recently updated the TMR Advanced Graphite Projects Index, to reflect three new and two updated mineral-resource estimates, announced since the last update. The effective date of the updates is April 1, 2014. The specifics:

• A September 2012 report prepared for a subsidiary of StratMin Global Resources plc (AIM:STGR), details a JORC-compliant resource estimate for its Loharano graphite project in Madagascar. According to the report, 421.0 kt of the resource is at the Indicated level @ 5.2% Cg and 5.3 Mt is at the Inferred level @ 4.0% Cg (each at a 2% Cg cut-off grade);
• On July 16, 2013, Alabama Graphite Corp. (CNSX:ALP, OTC:ABGPF) announced a maiden NI 43-101-compliant resource estimate for its Coosa graphite project in the USA. According to the associated news release, 34.6 Mt of the resource is at Indicated level @ 2.60% Cg and 24.5 Mt is at the Inferred level @ 2.87% Cg (each at 2.0% Cg cut-off grade and with quantities converted here into metric tonnes from the originally stated US tons);
• On January 20, 2014, Lamboo Resources Limited (ASX:LMB) announced an updated JORC-compliant resource estimate for Target 1 of its McIntosh graphite project in Australia. According to the associated news release, 2.7 Mt of the resource is at the Indicated level @ 4.8% Cg and 4.5 Mt is at the Inferred level @ 4.7% Cg (each at a 2% Cg cut-off grade).
• On February 26, 2014, Triton Minerals Limited (ASX:TON) announced a maiden JORC-compliant resource estimate for the Cobra Plains zone of its Balama North graphite project in Mozambique. According to the associated news release, 2.7 Mt of the resource is at the Indicated level @ 4.8% Cg and 4.5 Mt is at the Inferred level @ 4.7% Cg (each at a 2% Cg cut-off grade; and
• On March 25, 2014, Syrah Resources Ltd. (ASX:SYR) announced an updated JORC-compliant resource estimate for its Balama East graphite project in Mozambique. According to the associated news release, 26.0 Mt of the resource is at the Measured level @ 16.5% Cg, 28.4 Mt is at the Indicated level @ 15.9% Cg and 160.0 Mt is at the Inferred level @ 16.0% Cg (each at a 13% Cg cut-off grade).

You can access the updated details via the Index page.

The Index currently consists of 27 graphite mineral resources, associated with 24 advanced graphite projects, 19 companies and located within 8 countries. Including the projects on the Index, TMR is currently monitoring a total of 296 graphite projects under development associated with 137 companies in 27 countries.

Disclosure: at the time of writing, Gareth Hatch holds no shares or stock options in any of the companies mentioned in this article, or in any publicly traded graphite company, nor is he doing paid consulting for any such company.