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Triton Minerals Ltd.
Summary
| Project: | Ancuabe | |
|---|---|---|
| Deposit: | T12 | |
| Location: | Mozambique | |
| Commodities: | Graphite | |
| Date: | 3/24/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 24-3-2017: Triton Minerals Ltd. announces an Exploration/Drilling Update report for its T12 deposit at the Ancuabe project. Drilling results incl. 16m @ 6.6% TGC from 13m. Triton Minerals Limited (Triton or the Company) is pleased to announce further exce | |
| Resources: | (Resource, Inf.): 14.9Mt @ 5.4% TGC for 798000t graphite contained at T12 deposit | |
| CP/QP: | [Overall Report]: Dr. Andrew Scogings (CSA Global Pty Ltd.) | |
| ABSTRACT: | Triton Minerals Limited (Triton or the Company) is pleased to announce further excellent assay results at the flagship Ancuabe Graphite Project. Assay results have been received from five reverse circulation (RC) holes and nine diamond drill (DD) holes from the central and eastern part of the T12 deposit. Commenting on the results, Triton Managing Director, Peter Canterbury, said “These assays confirm the expected widths and TGC grades in the main body of the T12 deposit as modelled in the May 2016 Mineral Resources. In addition to the good grades, recent metallurgical testwork indicates Ancuabe boasts exceptional flake size and purity and is located close to port and transport infrastructure, making the Project a clear standout in the graphite sector. These results will support a Mineral Resource Upgrade and Scoping Study at Ancuabe. Both these were expected to be released by the end of March however due to delays in assay results from South Africa both the updated Mineral Resource and Scoping Study will be released in mid-April.” Maiden Mineral Resource at new T16 discovery, upgrade to the existing T12 Mineral Resource and Scoping Study on track to be completed and released in mid-April. | |
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