Announcement Date: 2023-01-25
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: International Graphite Limited
Project name: Springdale
Location: Australia
Commodities: Graphite
Highlight: Drilling results incl. 23m at 9.6% from 10m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: The RC holes were spaced north to south to further validate the block modelling of the Springdale Mineral Resource. Figure 2 highlights the location of the drilling. Figures 3 and 4 show cross sections of diamond holes 6, 7 and 12 and RC holes 27, 28 and 29 respectively. Table 1 shows the existing Springdale Mineral Resource Estimate of 15.6Mt @ 6.0% TGC, including a highgrade component of 2.6Mt @ 17.5% TGC. Table 2 and Table 3 detail the locations of the drill holes and significant assay results. All drilling undertaken at Springdale continues to be shallow to a maximum of 100-125 metres with all holes remaining open at depth. Infill drilling will continue at Springdale through February 2023 at which point, following the receipt of assay results
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