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EcoGraf Limited (ASX: EGR) has increased the Mineral Resource estimate (MRE) for its Epanko Graphite Project in Tanzania.
The Mineral Resource estimate incorporates the results of the 2023 drilling and trenching program, which includes record high assay results for Epanko, including 43m at 20.8% Total Graphitic Carbon (TGC) which demonstrates the continuous high-grade nature.
The MRE update was focused on the conversion of the previously Inferred northern and southern parts of the Epanko Western Zone to Indicated and Measured, as well as the down-strike expansion of the Mineral Resource into the southern extension of the Western Zone.
The extensional Mineral Resource drilling and trenching has added a further 1,350m strike to the south of the Western Zone mineralisation of Epanko, in an area dubbed “Mount Grafit”, the towering peak of the Western Zone, which sits at 1,400mRL. Both the expansion drilling and trenching show that the mineralisation remains open along-strike and down-dip.
The southern-most three trenches have intercepted Epanko-record high TGC% graphitic schist, dominated by the Project’s unique “Cheetah” ore, which characterises the high-grade units of Epanko. This high-grade zone includes a peak assay result of 29.5% TGC, and remains open down strike and dip, presenting exciting potential for the plans for a phased expansion of production from the initial 73,000tpa up to 300,000tpa.
Epanko Development
The results support Epanko’s position as a long-life, high quality natural flake graphite project located in south-west of Tanzania, with extensive work already undertaken by EcoGraf to establish a development-ready new graphite mine,
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