Morogoro Trench Results Show Up to 31.4% Graphitic Carbon; Drilling Underway
InVert Graphite reports impressive high-grade graphite trench results up to 31.4% TGC at its Morogoro Project in Tanzania and has commenced its maiden drilling program to further explore these promising deposits.
- High-grade graphite assays up to 31.4% Total Graphitic Carbon at Kumba trenches
- Maiden drilling program initiated targeting mineralisation to 80m depth
- Andrew Lawson appointed Managing Director after serving as CEO
- Cash position stands at A$3.3 million with exploration expenditure on track
- Morogoro Project and White Hill Project remain core assets for growth
Strong Trenching Results at Morogoro
InVert Graphite Limited has delivered a significant update on its exploration activities at the Morogoro Graphite Project in Tanzania. The company reported results from five trenches at the Kumba prospect, revealing wide zones of high-grade graphite with Total Graphitic Carbon (TGC) assays reaching as high as 31.4%. These results confirm the presence of substantial graphite mineralisation near surface, with trench intervals such as 212 metres at 13.5% TGC and 68 metres at 18.7% TGC highlighting the project's potential.
Maiden Drilling Program Commences
Building on these encouraging trench results, InVert has commenced its maiden drilling program at Kumba. The initial Reverse Circulation (RC) drilling phase comprises 1,300 metres across 13 holes, designed to test mineralisation continuity to approximately 80 metres depth. The shallow dip of the graphite units allows for broad drill spacing, enabling efficient coverage in this first pass. A second drilling phase, including diamond drilling, is planned contingent on initial results, signalling a methodical approach to resource delineation.
Leadership and Financial Position
On the corporate front, Andrew Lawson has transitioned from CEO to Managing Director, bringing continuity and leadership as InVert advances its exploration strategy. The company maintains a cash balance of A$3.3 million, supporting ongoing activities. Expenditure during the quarter aligns with the company's prospectus commitments, reflecting disciplined capital management amid active exploration.
Strategic Asset Portfolio
InVert’s portfolio includes the Morogoro Project, covering approximately 386 square kilometres in Tanzania, and the White Hill Project in South Australia, prospective for rare earth elements. The Morogoro Project’s proximity to infrastructure such as rail and ports enhances its strategic value. The company’s focus on critical minerals positions it well within the evolving global supply chain landscape.
Looking Ahead
As InVert progresses drilling and awaits assay results, the market will be watching closely for confirmation of resource size and grade continuity. These developments will be critical in shaping the company’s path toward potential resource definition and eventual development decisions.
Bottom Line?
InVert Graphite’s promising trench results and maiden drilling launch set the stage for a pivotal phase in its Morogoro Project journey.
Questions in the middle?
- Will the upcoming drilling assays confirm and extend the high-grade graphite zones identified in trenches?
- How will InVert manage its cash position amid ongoing exploration and potential development costs?
- What are the timelines and milestones for advancing the Morogoro Project toward resource definition?
