Drilling at the Lacroma Graphite Prospect (2023)
SUMMARY:
• Diamond drilling at Lacroma Central and RC drilling at Lacroma North has been completed.
• Significant graphite assays from the RC drilling at Lacroma Central received during this quarter include:
incl 30m @ 9.5% TGC from 43m
• LARC23-013 – 98m @ 5.7% TGC from 15m
incl 18m @ 8.6% TGC from 49m and 13m @ 8.5% TGC from 99m
• LARC23-012 – 68m @ 6.1% TGC from 1m incl 12m @ 9.0% TGC from 38m and 7m @ 10.0% TGC from 61m
• LARC23-007 – 54m @ 5.4% TGC from 5m
incl 18m @ 8.2% TGC from 37m and 56m @ 6.7% TGC from 70m incl 17m @ 9.1% TGC from 71m
• LARC23-005 – 26m @ 5.0% TGC from 14m
and 32m @ 7.2% TGC from 59m and 6m @ 5.6% TGC from 109m
• LARC23-008 – 5m @ 9.3% TGC from 27m
and 4m @ 4.2% TGC from 46m and 62m @ 8.0% TGC from 102m
• LARC23-006 – 31m @ 5.0% TGC from 14m
and 27m @ 8.0% TGC from 63m and 23m @ 8.0% TGC from 116m
• A total of 159 RC drill holes for 17,686m of drilling have been completed at Lacroma Central with an average depth of 110m.
• Five (5) diamond holes have been completed at Lacroma Central for a total of 894m, to collect drill core for quality control and geotechnical information.
• Thirty (30) RC drill holes have been completed over a strike of approximately 5km to test for extension of the graphite mineralisation at Lacroma Central.
• Assays for the diamond drilling at Lacroma Central and RC drilling at Lacroma North are pending.
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