Australian diversified mineral company Lithex Resources has completed four-hole diamond drilling at its Munglinup graphite mine located in Western Australia.
The best assay results returned 1.9m at 34.9% total graphitic carbon, reported Proactive Investors.
The new drilling results mark first set of hard data that that company has received for the site, and will be used to re-assess the present electromagnetic survey data including the data received from the Munglinup North tenement.
In addition, Lithex plans to carry out more core assays to test for other elements, depending on geological logging.
Lithex acquired Minglinup project from Far North Minerals. With the acquisition, Lithex currently covers a total area of about 745km² across four states, with an additional exploration license application lodged during the last quarter.