Morogoro Drilling Yields 64m at 8.3% TGC with Peaks to 14.9% TGC

Strong Drill Results Reinforce Morogoro’s Potential

InVert Graphite Limited (ASX, IVG) has delivered encouraging exploration news from its flagship Morogoro Graphite Project in Tanzania. The company announced assay results from seven additional reverse circulation (RC) drill holes at the Kumba prospect, confirming wide zones of high-grade graphite mineralisation starting from surface. Notably, one hole returned an impressive 64 metres at 8.3% Total Graphitic Carbon (TGC), with peak grades reaching 14.9% TGC.

These results build on previous drilling and trenching successes, reinforcing the continuity and scale of the graphite-bearing zones. The mineralisation appears consistent along strike, with other holes reporting 50 metres at 8.4% TGC and 90 metres at 7.9% TGC. Such grades and widths are promising indicators for the potential development of a significant, low-strip ratio graphite resource.

Operational Pause and Pending Assays

Drilling activities have been temporarily suspended due to the onset of the wet season, a common operational challenge in Tanzania’s Morogoro region. Despite this pause, the company has completed additional drilling comprising seven RC and four diamond drill holes, with assay results still awaited. InVert has maintained an RC rig onsite to enable a swift recommencement of drilling once conditions improve.

Strategic Location and Project Overview

The Morogoro Project covers approximately 386 square kilometres of granted and application stage exploration licences. It benefits from proximity to existing infrastructure, including rail, sealed roads, and ports, which could facilitate future development and export. Historical mapping and recent fieldwork have identified multiple graphitic schist horizons extending over several kilometres, with surface sampling yielding grades as high as 30% TGC.

Initial metallurgical testwork has been encouraging, with graphite concentrates achieving up to 98% purity through standard flotation and cleaning processes. This bodes well for the economic viability of the deposit, pending further detailed studies.

Looking Ahead, Further Exploration and Resource Definition

InVert’s management has outlined plans to resume drilling post-wet season, alongside ongoing trenching and detailed field mapping. Photogrammetric surveys are underway to develop terrain models that will support forthcoming resource estimations. The company is focused on confirming the extent, grade, and depth of mineralisation to underpin a robust resource model.

CEO Andrew Lawson highlighted the significance of the results, stating they demonstrate “strong continuity of wide, high-grade graphite mineralisation” and emphasised the project’s potential to host a substantial graphite resource with low strip ratios. The market will be watching closely for the pending assay results and any subsequent resource updates.