Perth-based graphite explorer Bora Bora Resources has been granted new exploration licenses prospective for high grade graphite in Sri Lanka.

The Additional 156km2 of licenses are granted at the Baduraliya, Neluwa and Paragoda North & South projects in the country.

With the addition of these new exploration licenses, the company has secured a significant ground position over and around several known historical producing, high grade graphite regions including the areas directly to the south of the Kahatagaha-Kolongaha Graphite Mine (KKGM).

KKGM has been in operation since 1872, and produced over 300,000t of graphite at 90% or greater total graphitic carbon.

With the grant of the additional licenses, Bora Bora Resources now holds 197km² of exploration licenses in central and southern Sri Lanka. These new licences facilitate commissioning of airborne electromagnetic surveys to determine the graphite potential of the company’s central project areas.