The discovery forms part of the company’s exploration projects in the area, and has identified three separate targets with significant strike lengths, hosted in soft, easily mineable, saprolitic mineralisation.
“The team is excited at this discovery, especially as it’s directly south along strike of a long operating large flake graphite mine. We obtained this permit as part of the Graphmada transaction but initially did not prioritise any work on the permit given our primary focus of optimising the premium asset of Graphmada. Given these reconnaissance results we will aim to demonstrate we have a very similar asset to Graphmada; a long term low cost mining operation of premium quality large flake graphite,” says Tim McManus, CEO, Bass Metals.
Exploration at the Andapa Project has demonstrated that the area contains at least three lenticular bodies of large flake graphite within the weathered profile.