Comprising 2012 and 2013 drilling by Graphite One, the expanded inferred resource represents a 68% increase of the estimated in situ graphite from the previous 2012 maiden resource.
The surface high-grade graphite mineralization extends from surface to depths of over 200m while the 2013 drilling program further confirmed continuity of near surface, high grade graphite within a simple and accessible geological setting at the Graphite Creek deposit to 4.8km’s.
Remaining open along strike to both the east and west, and down dip, the deposit’s every hole continues to be mineralized from top to bottom.
Graphite One Resources director and exploration vice president Dean Besserer said, "An infill drill program during 2014 will significantly de-risk this deposit by bringing the resource into the measured indicated and/or indicated measured category, and will help us develop our Preliminary Economic Assessment (PEA)."
