BlackEarth Minerals NL (ASK:BEM) will recommence drilling at the Maniry Graphite Project in southern Madagascar after finalising planning, trenching and logistics.
The company recently recommenced exploration at Maniry with trenching activities in the Razafy Northwest area nearing completion.
Diamond drilling is then expected to commence next week within the company’s exploration target area.
The proposed initial program of 1,000 metres will target Razafy Northwest, which was identified as a high priority target following previous trenching completed early in 2019.
This drilling program has been designed with the aim of adding to the existing total JORC resources of 20.2 million tonnes at 6.51% total graphitic carbon (TGC) by the third quarter of 2021.
Aim to expand existing resource
BlackEarth managing director Tom Revy said: “We are very excited to be back drilling at the Maniry Graphite Project next week.
“Targeting the high-grade Razafy Northwest area, the drill program aims to expand on the existing Maniry JORC resource and to further improve our geological understanding of Maniry.
“This priority drilling program is expected to take around six weeks.
“It is a targeted program with clear aims of identifying high-grade zones capable of further enhancing the project’s NPV/IRR, increasing the company’s overall mineral resource inventory and to gain further technical insight into the current Razafy Domain, which extends beyond 5 kilometres.”
The company has appointed Orezone Drilling Madagascar SARL, which has a global footprint in exploration activities specialising in surface and underground operations, to undertake the drilling.
The 1,000-metre program has been designed to potentially enable the company to define a JORC-compliant resource in the Razafy Northwest area.
Further personnel and equipment are mobilising to the site.
The drilling plan will include additional holes to confirm the northern strike of the area and to potentially increase the volume along the strike.
BlackEarth also intends to undertake further trenching activities in the area, an exploration method that has proven a highly valuable technique for understanding the exploration potential in the region.