Triton Minerals (ASX:TON) has confirmed premium grades of graphite from testing metallurgical samples taken from its Ancuabe Project in Mozambique.
The samples were selected from diamond drill cores from Triton’s 2016 exploration drilling campaign at the T12 and T16 deposits.
The testing has confirmed coarse, high-purity graphite flake concentrates with a purity of between 97.5 and 99.2%.
Importantly, Ancuabe’s flake size distribution is about 56% large flake graphite and 30% jumbo flake graphite.
The larger size differentiates Triton from many of its peers with predominantly medium or small flakes size deposits.
These results demonstrate the potential for the company to meet the key criteria required to produce a premium product suitable for the expandable graphite and lithium-ion battery markets.
In addition, there is scope to optimise further through a coarser initial grind to preserve large to jumbo flakes, since the current results are based on non-optimised process testwork.
Triton has now commenced the Ancuabe Scoping Study that is expected to be completed by the end of March 2017.
The company is focused on fast tracking the development studies for Ancuabe to enable an early investment decision.
Triton’s share price has increased by 28% since the start of 2017, last trading at $0.082.
