I recently updated the TMR Advanced Graphite Projects Index, to reflect one new and two updated mineral-resource estimates, announced since the last update. The effective date of the updates is October 5, 2014. The specifics:
- On July 24, 2012, Castle Minerals Limited (ASX.CDT) announced a maiden JORC-compliant resource estimate for its Kambala graphite project in Ghana. According to the associated news release, 14.5 Mt is at the Inferred level @ 7.2% Cg, at a cut-off grade of 5% Cg.;
- On August 12, 2014, Kibaran Resources Limited (ASX:KNL) announced an updated JORC-compliant resource estimate for its Epanko graphite project in Tanzania. According to the associated news release, 12.8 Mt of the resource is at the Indicated level @ 10.0% Cg and 9.9 Mt is at the Inferred level @ 9.6% Cg (each at a cut-off grade of 8% Cg); and
- On August 14, 2014, Energizer Resources Inc. (TSX:EGZ) announced an updated NI 43-101-compliant resource estimate for its Molo graphite project in Madagascar. According to the associated news release, 23.6 Mt of the resource is at the Measured level @ 6.32% Cg, 76.8 Mt is at the Indicated level @ 6.25% Cg and 40.9 Mt is at the Inferred level @ 5.78% Cg (each at a cut-off grade of between 2-4% Cg).
You can access the updated details via the Index page.
The Index currently consists of 30 graphite mineral resources, associated with 27 advanced graphite projects, 22 companies and located within 9 countries. Including the projects on the Index, TMR is currently monitoring a total of 312 graphite projects under development associated with 142 companies in 29 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.