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BlackEarth Minerals sets exploration target at Ianapera Graphite Project in Madagascar

Last updated: 15:50 21 Mar 2019 AEDT, First published: 15:19 21 Mar 2019 AEDT

Map of Madagascar
Further thick high-grade assays have been received from the Ianapera Graphite Project

BlackEarth Minerals NL (ASX:BEM) has received thick high-grade graphite results from trenching at Ianapera Graphite Project in Madagascar, enabling it to estimate an exploration target of 20 to 35 million tonnes at 10-20% total graphite carbon.

The trenching program was completed in mid-December 2018 with 29 trenches excavated for 1,874.1 metres and 965 samples collected for analysis.

Final assay results have been returned with multiple intersections of high-grade mineralisation recorded from the southern end of the conductive trend.

The estimation of the exploration target was undertaken by extrapolating data collected from the trenching program, historical mapping, various phases of rock chipping and Versatile Time Domain Electromagnetic System (VTEM) surveying.

READ: BlackEarth Minerals’ assays confirm growth potential of Razafy mineral resource at Maniry Graphite Project

BlackEarth has now utilised these quality datasets to indicate the potential of the mineralisation at Ianapera, which can be described as a series of parallel north-northeast trending graphite schists that vary in thickness between 2-50 metres and dip steeply, between 60-70 degrees to the northwest.

Highlights of the trenching program include:

  • 14 metres at 14% total graphite carbon (TGC), including 4 metres at 21.80%; and

  • 14 metres at 12.36% TGC, including 2 metres at 24.3%.

Ianapera is 75 kilometres north of the company's Maniry Graphite Project and within 10 kilometres of the world-class Molo project containing 141.28 million tonnes at 6.13% TGC.

 

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