The highest quality graphite concentrate was recorded during a first-pass, single-stage hydrometallurgical purification test at SGS Canada and the analysis comprised an average of five repeat assays on the concentrate conducted over two days.

This preliminary test was aimed at assessing the ability to upgrade the Molo graphite to an ultra-pure concentrate.

On the back of these results, SGS is intending to undertake a comprehensive hydrometallurgical process flow sheet over the next 60 to 90 days, which will in compliance to the technical guidelines of a full feasibility study.

Energizer Resources president and COO Craig Scherba stated that the company is delighted to have achieved an ultra-high purity of greater than 99.9% graphitic carbon on the first test.

"This is highly significant and reconfirms, as demonstrated from the mineralogical results in our completed PEA Study, the exceptional quality of our graphite," added Scherba.

"As outlined in our previous news releases and PEA Study, the Molo is situated in an extremely rare and unique geological setting which has resulted in our flake graphite being both very high in purity and in quality."

The graphite concentrate used in the first pass hydrometallurgical purification testing comprised a flotation concentrate that was generated in a single cleaner flotation test without optimized conditions, the company said.