Monax Mining Limited (ASX:MOX) announced the completion of its maiden graphite drilling program at its Waddikee project in Australia.
As quoted in the press release:
The Waddikee Project (EL 4662) is located approximately 100 kilometres south-west of Whyalla, within an area that is becoming the premier graphite drilling province in South Australia.
A total of 40 holes were drilled, totalling 2908 metres, across five prospect areas. Graphite was observed at all five areas and all samples have been submitted for analysis.