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Comet Resources Ltd.

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Summary

Project:

Springdale

Deposit:Springdale
Location:Australia
Commodities:Graphite
Date:5/6/2019
Report Code:JORC
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:6-5-2019: Comet Resources Ltd. announces an Exploration/Drilling Update report for its Springdale deposit at the Springdale project. Drilling results incl. 10.0m @ 16.1% TGC from 40m. Comet Resources Ltd (Comet or the Company) (ASX:CRL) is pleased to anno
Resources:x
CP/QP:[Overall Report]: Matthew Jones (Internal)
ABSTRACT:Comet Resources Ltd (Comet or the Company) (ASX:CRL) is pleased to announce the discovery of two new, high-grade, graphite zones at the 100% owned Springdale Graphite Project in south Western Australia. The new zones were discovered following a reconnaissance drill program targeting a series of electromagnetic (EM) anomalies along strike from the Company’s recently announced maiden resource. The two new graphite zones are particularly significant as they host high-grade, near-surface mineralisation that has the potential to extend over several kilometres of strike. In addition, the newly identified zones confirm a strong correlation between high-grade graphite and the numerous EM anomalies identified by the Company’s recent geophysical surveys.

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