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Triton Minerals Ltd.
Summary
| Project: | Ancuabe | |
|---|---|---|
| Deposit: | T12, T16 | |
| Location: | Mozambique | |
| Commodities: | Graphite | |
| Date: | 3/8/2017 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 8-3-2017: Triton Minerals Ltd. announces an Exploration/Drilling Update report for its T12, T16 deposit at the Ancuabe project. Drilling results incl. 21m @ 6.2% TGC from 1m. Triton Minerals Limited (Triton or the Company) has continued to receive solid d | |
| 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) has continued to receive solid drill assay results that are expected to have a positive impact on a key resource announcement that will be delivered by the end of March 2017. Triton expects that these significant results will lead to an increase in both the size and confidence level of the T12 Mineral Resource, with a resource upgrade to be delivered by the end of March 2017 along with the maiden resource for the new T16 discovery. Triton Managing Director, Peter Canterbury, said “The latest results confirm the T12 deposit extends at good thickness and grade in an area outside the previously identified Resource, complementing the new T16 discovery which has delivered exceptional results near surface. In addition, the petrography from both deposits (see figure 6 below) shows large in situ flake size with little or no impurities ingrained in the flake structure, an excellent indication of easy liberated lake flake graphite. Triton will release an updated Mineral Resource and Scoping Study for the Ancuabe Project in March 2017, and subject to those results plans to immediately commence a Pre-Feasibility Study. For the Scoping Study, Triton is working with graphite and region experienced consultants including CSA Global, Battery Limits, and Knight Piésold. The study will be completed by the end of March and will be the launching pad for fast-tracked feasibility studies.” | |
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