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Comet Resources discovers two new high-grade graphite zones at WA project

Comet Resources Limited (ASX:CRL) chairman Hamish Halliday updates Proactive Investors on two new high-grade graphite zones discovered at its 100%-owned Springdale Graphite Project in Western Australia.
 
Halliday says the new zones are significant, with both high-grade and near-surface mineralisation.
 
The company is planning to upgrade its resource to the indicated category through infill drilling, and combined with metallurgy, take the project through to a pre-feasibility study. 

Quick facts: Comet Resources Ltd

Price: 0.023 AUD

ASX:CRL
Market: ASX
Market Cap: $8.8 m
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Comet Resources' Matthew O’Kane talks plans for Santa Teresa gold project...

Comet Resources Limited's (ASX:CRL) Matthew O’Kane caught up with Proactive's Andrew Scott after completing the acquisition of a 50% stake in the Santa Teresa Gold Project. Historical production in the surrounding El Alamo district is estimated at between 100,000 to 200,000 ounces and Comet...

3 weeks, 5 days ago

2 min read