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Drilling at Armadale’s Mahenge Liandu yields positive results

25th June 2019

By: Marleny Arnoldi

Deputy Editor Online

     

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Aim-listed Armadale Capital has announced “exceptionally” high-grade results from a drilling programme at its Mahenge Liandu graphite project, in Tanzania.

A definitive feasibility study (DFS) on the project is on track to be completed during the fourth quarter of this year. 

Some of the positive outcomes in the DFS will include a higher average grade from near-surface mining in early years and low extraction costs.

Of the company’s first four holes assayed, totalling 262 m, Armadale recorded intercepts including 7 m at 16.9% total graphite content (TGC) from 31 m and 9 m at 14.8% TGC from surface. 

Armadale said these encouraging results were part of a broader zone of high-grade mineralisation, which included 39 m at 11.2% TGC from surface and 57 m at 7.6% TGC from surface.

Meanwhile, Armadale continues with its 18-hole reverse circulation drilling programme totalling 958 m.

Edited by Chanel de Bruyn
Creamer Media Senior Deputy Editor Online

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