A second high grade graphite intersection has been discovered at IG6’s Springdale Graphite Project near Hopetoun, in Western Australia.
The new prospect, which has been called Springdale Central, is within 200m of the existing Springdale Mineral Resource.
Results from 13 RC exploration holes have been received from the current drilling campaign at Springdale, which is the first since IG6 acquired the tenements earlier this year.
Executive Chairman Phil Hearse said, “This is the second graphite discovery made by our exploration team in the current drilling campaign. The results are exceptional and continue to confirm the substantial graphite mineralisation potential across our Springdale tenements and the potential for significant resource growth at the project.”
Stand out drilling results include:
- 17m @ 13.3% Total Graphitic Carbon (TGC) from 28m downhole, including 4m @ 22.0% TGC from 32m down hole (SGRC0010)
- 8m @ 11.0% TGC from 16m downhole, including 1m @ 45.0% TGC from 20m downhole (SGRC0011)
- 12m @ 13.7% TGC from 20m downhole, including 2m @ 20.6% TGC from 22m and 2m @ 28.8% TGC from 27m down hole (SGRC0016)
- 22m @ 20.7% TGC from 38m downhole, including 9m @ 36.2% TGC from 40m down hole (SGRC0018)
Further assay results are pending.