InVert Graphite Confirms High-Grade Graphite Over 2km Strike at Morogoro
InVert Graphite reports robust trench assay results from its Kumba deposit in Tanzania, revealing consistent high-grade graphite mineralisation over a 2km strike. The company is advancing drilling preparations amid a significant US move to impose anti-dumping duties on Chinese graphite imports.
- Consistent high-grade graphite over 2km strike at Kumba deposit
- Trench results include up to 31.4% Total Graphitic Carbon (TGC)
- Initial Reverse Circulation drilling program mobilised to test depth extensions
- Pending assay results from Kasanga trenches
- US Commerce Department proposes 93.5% anti-dumping duties on Chinese graphite
Strong Surface Results at Kumba
InVert Graphite Limited (ASX, IVG) has delivered encouraging exploration news from its Morogoro Project in Tanzania, with trench sampling at the Kumba deposit confirming a continuous zone of high-grade graphite mineralisation extending over a 2-kilometre strike length. Recent assays from three additional trenches reveal wide zones of graphite grading between 14% and 18.7% Total Graphitic Carbon (TGC), with standout intervals reaching as high as 31.4% TGC.
The trench results build on earlier positive findings, reinforcing the project's potential as a significant source of high-quality graphite. The mineralisation is near surface and appears consistent, which could bode well for future mining operations.
Advancing to Drilling Phase
Following these promising trench results, InVert has mobilised a Reverse Circulation (RC) drill rig to test the depth extensions of the graphite mineralisation beneath the trenches. Preparations for drill pad access and field camp establishment are underway, with drilling expected to commence shortly. This step marks a critical phase in moving from surface sampling to defining a potential resource with greater confidence.
Meanwhile, assay results from three trenches at the nearby Kasanga deposit remain pending, which could further expand the project's scope if similarly positive.
Strategic Market Context
In a broader market context, the US Commerce Department has proposed imposing a preliminary 93.5% anti-dumping duty on Chinese graphite imports. Given graphite's essential role in lithium-ion battery production, this move aims to protect domestic and alternative suppliers, potentially benefiting companies like InVert Graphite. The timing of this regulatory development aligns with InVert's advancing exploration, possibly enhancing the project's strategic value.
InVert's Morogoro Project benefits from a strategic location near existing rail, road, and port infrastructure in Tanzania, facilitating potential future logistics and export. The company’s focus on critical minerals exploration in Tanzania and South Australia positions it well amid growing global demand for battery materials.
Looking Ahead
With high-grade surface mineralisation confirmed and drilling imminent, InVert Graphite is poised to deliver further insights into the scale and quality of its graphite deposits. The pending Kasanga results and upcoming drilling outcomes will be key to assessing the project's full potential and informing next steps in development.
Bottom Line?
InVert’s advancing exploration at Morogoro, coupled with shifting global trade dynamics, sets the stage for a pivotal phase in its graphite journey.
Questions in the middle?
- Will the upcoming Kasanga trench results mirror the high grades seen at Kumba?
- How will the RC drilling results impact the resource estimation and project valuation?
- What are the potential timelines and challenges for advancing Morogoro towards production?