Black Rock Mining Ltd (ASX:BKT) has delivered a maiden JORC resource of 131.1 million tonnes at 7.9% total graphitic carbon (TGC) from its wholly-owned Mahenge Project in Tanzania.
Across the project, 40% of the total resource tonnes are classified as Indicated.
In global terms, Mahenge is the third largest JORC compliant graphite resource in Africa - or the fourth largest in the world.
It’s not the sheer size of the resource that’s important, but also the quality.
Mahenge offers significant flexibility for potential development into a long life (+30 year) mining operation.
It has potential to be mined from multiple zones at low strip ratios, high-graded to accelerate capital payback in early years and can be scaled up in future due to the large resource.
MEET the company at Proactive's Spotlight CEO Sessions in Sydney and Melbourne in March 2016
To find out more on Black Rock, register to attend Proactive's Spotlight CEO Sessions in March.
Sydney Investor Luncheon, Tuesday, 8th March
Melbourne Investor Luncheon, Wednesday, 9th March
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