I recently updated the TMR Advanced Graphite Projects Index, to reflect the addition of a mineral-resource estimate since the last update. The effective date of the updates is June 14, 2014. The specifics:
- On August 26, 2013, Monax Mining Limited (ASX:MOX) announced a maiden JORC-compliant resource estimate for its Wilclo South graphite deposit, part of the Waddikee Graphite Project in Australia. According to the associated news release, 6.8 Mt of the resource is at the Inferred level @ 8.8% Cg, at a 5% Cg cut-off grade. On May 21, 2014, Archer Exploration Limited (ASX:AXE) announced the purchase of the Waddikee project from Monax, including the Wilclo deposit.
You can access the updated details via the Index page.
The Index currently consists of 28 graphite mineral resources, associated with 25 advanced graphite projects, 19 companies and located within 8 countries. Including the projects on the Index, TMR is currently monitoring a total of 303 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.