The mineralized area is likely to be more than 316m and the graphite mineralization appears similar to graphite schist intersected in previous drilling.

The project has now demonstrated graphite mineralization over 1.75km between drilled holes and trenches.

Triton Minerals managing director Brad Boyle said this diamond drill hole has again confirmed the world class potential of the Balama North project.

"To intercept an astounding 316m cumulative width of graphite mineralization in a single drill hole and this mineralisation remains open at depth is a very exciting result," Boyle added.

"The potential of the Nicanda Hill prospect continues to rapidly expand as the drilling has already identified exceptional graphite widths and extents."

The reverse circulation and diamond drilling continues on the prospect in License 5966, and data to estimate JORC Resource for the prospect is expected by early 2015.

Triton has to date completed nine RC drill holes and one diamond hole in the current drilling program.

The company is seeking to extend the known extents of the graphite mineralization at the property with further drill testing of 5km high electrical conductivity zone, based on the VTEM survey data.