Metals of Africa (ASX:MTA) has received first laboratory assay results from initial drilling at its Montepuez Central Project in Mozambique which confirm it has a new high grade graphite discovery on its hands.
Metals of Africa is off to a flying start to drilling for graphite, with assay results confirming it has a high grade discovery on its hands in Mozambique. Further results from the remaining 18 drill holes will be logged and samples submitted for laboratory analysis in Q2, after the wet season in the region.
There is also a main VTEM target that extends more than 5 kilometres remains untested that will be drilled Q2 2015 – to look forward to.
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VTEMmax survey has identified an untested potential northern extension of the zone which was obscured from historical airborne surveys by a powerline crossing the northern part of the property
The correlation of the preliminary ZTEM and seismic data is very encouraging at Esso West and this combination of surveys will aid in drill targeting.
A 12,000-meter to 14,000-meter diamond-drill program is being planned to test for the feeder zones for the near-surface epithermal gold mineralization and the porphyry system at depth using the three-dimensional geophysics interpretation of the BAM Project.
“The start of our exploration program on the recently acquired Charcoal and Castor uranium projects is an exciting development for Cosa.”