Graphite One Resources Inc. (TSXV:GPH,OTCQX:GPHOF) confirmed a total of 4.8 km continuous near surface high-grade graphite mineralization, which more than doubles the size of the existing strike length.
As quoted in the press release:
- Holes 13GCH014 A, B, 015, 016, and 017 intercept significant widths of near surface graphite. Every hole continues to be mineralized from top to bottom.
- 2013 program drilling doubles current strike length of current resource to 4.8 km’s.
- Further confirms excellent continuity with simple geological structures and high grades.
- Updated 43-101 resource expected to be completed this month.
Graphite One Resources Inc. President and Director, Anthony Huston, said:
Our small drill program from 2013 allowed us to prove that the mineralization is continuous and extends for nearly 5km, further demonstrating the size of this deposit. We look forward to 2014 as we de-risk this asset geologically so we can move towards production.