Drilling at the Lacroma Graphite Prospect (2023)
SUMMARY:
Drilling continues at the Lacroma Graphite Prospect on the Eyre Peninsula, South Australia
Significant graphite assays from the drilling at Central Lacroma received from this quarter include:Â
o LARC23-108
93m @ 6.9% TGC from 64m
o LARC23-108
93m @ 6.9% TGC from 64m
incl 12m @ 8.0% TGC from 67m
and 43m @ 8.4% TGC from 85m
o LARC23-109
74m @ 7.7% TGC from 85m
incl 53m @ 8.3% TGC from 104m
o LARC23-110
73m @ 7.1% TGC from 102m
incl 38m @ 8.3% TGC from 137m
o LARC23-111
43m @ 7.5% TGC from 137m
incl 14m @ 10.0% TGC from 161m
o LARC23-113
92m @ 6.7% TGC from 30m
incl 25m @ 8.3% TGC from 38m
o LARC23-114
92m @ 5.7% TGC from 21m
incl 6m @ 7.9% TGC from 30m
and 12m @ 8.1% TGC from 93m
o LARC23-115
86m @ 5.4% TGC from 7m
incl 8m @ 9.5% TGC from 50m
and 10m @ 7.7% TGC from 81m
o LARC23-116
29m @ 6.8% TGC from 37m
incl 7m @ 9.6% TGC from 45m
o LARC23-117
39m @ 5.2% TGC from 1m
incl 7m @ 7.9% TGC from 2m
• A total of 145 drill holes for 15,850m of drilling have been completed at Lacroma Central with an average depth of 110m.
• Ongoing drilling in this quarter focussed on the southern 1km of strike and continue to intersect graphite mineralisation suggesting continuation of mineralisation to the south. Results of this drilling will be reported in the next quarter.
• Resource drilling now covers over 1.6km of strike.
• Once resource drilling is complete, the drill rig will move ~2km to test the Lacroma North Graphite Prospect.
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