Triton Minerals Ltd. (ASX:TON) announced that visual logging from holes completed during its current reverse-circulation and diamond drilling program confirm “further substantial graphite and vanadium” at the Mozambique-based Nicanda Hill prospect.

Other highlights include:

  • Interpretation of geophysics and mapping expands the mineralisation target footprint to 6.2kms long and 1.1kms wide (5.2km²)
  • Target footprint substantially exceeds Triton’s original exploration targets
  • Continuous graphite and vanadium mineralisation confirmed over 4.8kms strike length between drill sections N14 and S10
  • Substantial visable flake graphite identified in all drill holes along entire strike length
  • Rapidly advancing towards a JORC 2012 Inferred Resource
  • Transitioning into feasibility and development stages
  • Additional metallurgical studies being undertaken in support of feasablity work
  • Additional deep diamond holes to test the full stratigraphic thickness of northern mineralisation zone planned
  • Heavy earth moving equipment now onsite to provide access to Nicanda Hill and Charmers Prospect

Brad Boyle, Triton’s managing director, commented:

These observations continue to reaffirm Triton’s belief in the Nicanda Hill prospect becoming a world class graphite and vanadium project. The fundamentals of this quality project continue to improve with the completion of each and every drill hole.

Click here to read the full Triton Minerals Ltd. (ASX:TON) press release.

Click here to read a recent interview with Boyle.