Sign up Australia
Proactive Investors - Run By Investors For Investors

MRL Corporation starts coring first Sri Lanka graphite drill hole

MRL Corporation starts coring first Sri Lanka graphite drill hole

MRL Corporation (ASX:MRF) has starting coring activities at the first drill hole of its Pandeniya graphite project in Sri Lanka.

MRL holds 6,300 hectares of Exploration Licenses that could potentially produce 5,000tpa of vein graphite and has applied for further exploration areas surrounding its granted licenses.

Training on the core orientation tools is complete and the tools are in operation.

Down hole survey equipment will arrive in Sri Lanka on 16 June and MRL crew training will be undertaken.

This will be used to measure the downhole Azimuth and Dip of DH1 and subsequent holes.

Repairs have been completed to the drainage and access road which had incurred damage from heavy rain and the DH2 pad will be constructed in coming days.

Drill hole DH1 is expected to be between 50 metres to 125 metres in depth.

Drill holes DH2 and DH3 will be up to 300 metres deep and are designed to test the continuity of vein graphite mineralisation below the historical shafts and adits.

 

Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX “Small and Mid-cap” stocks with distribution in Australia, UK, North America and Hong Kong / China.

View full FGR profile View Profile

First Graphene Ltd Timeline

Newswire
January 24 2017
Newswire
October 07 2015

Related Articles

1523526822_gold_bars,_sized.png
April 12 2018
The Silver Cloud project lies on one of the world's richest gold belts
farming tractor at work in a crop
April 11 2018
The front end engineering design (FEED) confirmed a post-tax NPV of US$902 million.
diamond
January 30 2018
Tango Mining is looking forward to a strong 2018, as diamond production comes on stream from two mines

No investment advice

The information on this Site is of a general nature only. It does not take your specific needs or circumstances into consideration, so you should look at your own financial position, objectives and requirements and seek financial advice before making any financial decisions. You acknowledge and understand that neither the Company, its related bodies corporate, the information providers or their affiliates will advise you personally about the nature, potential value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter. You should read our FSG and any other relevant disclosure documents and if necessary seek persona advice prior to making any investment decision.

You understand and agree that no Content (as defined below) published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person.

You understand that in certain circumstances the Company, its related bodies corporate, the information providers or their affiliates may have received, or be entitled to receive, financial or other consideration in connection with promoting, and providing information about, certain entities on the Site and in communications otherwise provided to you.

You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate. From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.

Before you act on any general advice we provide, please consider whether it is appropriate for your personal circumstances.

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use