The company said key results suggest that high percentages of coarse flakes in various newly trenched areas.

The results were obtained by preparing two composite samples from shallow trenches excavated to test anomalies found by the airborne and ground geophysical surveys east and north of the already defined Coosa resource estimate.

The company has also collected two composites from trenches near the Bama mine.

Alabama Graphite president and CEO Ron Roda said: "We are excited by these results as it shows we continue to find large graphite flakes on our sizable Coosa Project and on our Bama Project.

"Also important is that these results are all from recent surface trenching and consist exclusively of soft oxidized material that lies on the surface."

The company is currently drilling Fixico and the Northern Strat areas on its Coosa property in Alabama in order to update its resource.

Alabama Graphite said it continues to work on a preliminary economic assessment for the Coosa project.

Metal Mining Consultants of Littleton, Colorado, will undertake the initial capital and operating expense estimations.