The results come from the Company’s recently completed rock chip sampling program at the Montepuez project and include graphite grades of up to 16.5% % Total Graphitic Carbon (TGC) and up to 0.31% Vanadium (V). These high grade results are present in outcrop at surface mineralisation within the Montepuez project area.
The laboratory results of all sixteen rock chip samples are presented in Table 1.
The Company also advises that it has acquired existing VTEM data which covers a portion of its Montepuez Central Project (see Figure 1). This VTEM data indicates a very strong conductor, over a 10km strike length, which is interpreted to represent graphite mineralisation, due to the strong correlation with the Company’s recent geological mapping.
Metals of Africa is delighted with confirmation of the high grade graphite and vanadium mineralisation, and will now conduct its own VTEM survey over the Montepuez project area, which will define drill targets. This is planned to be followed by drilling in the final quarter of 2014.
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