Metals of Africa has found high grade graphite mineralization at its Balama central project in the Cabo Delgado province of Mozambique.

It follows the earlier discovery of Versatile Time Domain Electromagnetic (VTEM) conductor anomaly.

The company said the rock samples from a pitting and trenching program, observed from several locations, identify high grade graphite and vanadium mineralization at surface and under a thin sand cover.

The company will carry out its first drill program in the fourth quarter of this year. Drill program at the project will start after a resource definition drilling program at the company’s Montepuez Graphite Project, also in Mozambique.

Metals of Africa managing director Cherie Leeden said: "Our recent trenching work has proven that the cause of the significant VTEM conductor within our Balama Central Project is due to the presence of high grade graphitic material.

"This mineralization represents a compelling drill target, located immediately adjacent and along strike of the world’s premier graphite deposit.

"Our Montepuez drill program continues to deliver positive results therefore the plan is to complete our Montepuez Resource Definition drill program and then send the drill rig to our Balama Central Project."