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BlackEarth Minerals aggressively developing graphite projects at accelerated pace

BlackEarth Minerals (ASX:BEM) managing director Tom Revy updates Proactive Investors on the company's achievements and plans since a successful initial public offering (IPO) in January.

The company’s strategy is to move quickly to meet rapidly expanding demand for graphite. A diamond drilling program was commenced within six weeks of BlackEarth Minerals listing on the ASX, and plans for 2018 at its various projects include establishing and expanding a maiden resource, conducting metallurgical and mineralogical work, talking to offtake partners, and completing a scoping study.

“The projects that we have in Western Australia are fairly early stage exploration projects, and we picked them for all the right reasons in terms of prospectivity and historic graphite occurrences in and around the site, so we know that that's our medium-long term interest. Our short-term interest has got to be the two Madagascan projects," says Revy.

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Price: 0.16 AUD

Market Cap: $34.78 m

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BlackEarth Minerals says grades at Razafy Northwest are a game-changer

BlackEarth Minerals NL (ASX:BEM)'s Tom Revy tells Proactive its recently completed diamond drilling program has confirmed the presence of a high-grade zone at Razafy Northwest, which is close to the Maniry graphite project’s Razafy resource in southern Madagascar. He says they're encouraged by...

3 weeks, 2 days ago

2 min read