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    BlackEarth increases Razafy resource by 63% at Maniry Graphite Project, Madagascar

    BlackEarth Minerals (ASX:BEM) reports it has ‘materially’ increased its total graphite inventory at its 100% owned Maniry Graphite Project in Southern Madagascar after completing infill and extension drilling at its Razafy resource.

    BlackEarth reports that the Mineral Resource upgrade represents a 63% increase in the company’s previously reported overall Mineral Resource tonnes.

    This Mineral Resource Estimate (MRE) is the culmination of the company’s recent diamond drilling exploration program to identify further resources at Razafy.

    The diamond drilling delivered an upgraded JORC (2012) reportable Indicated and Inferred Mineral Resource for Razafy of 25.7Mt @ 6.2% TGC at Maniry where total resources now stand at 37.6Mt @ 6.4% total graphitic carbon (TGC).

    The program will form an integral component to the company’s current definitive feasibility study (DFS) activities, which should result in a ‘significant’ increase to the mine life of the Maniry Graphite Project.

    Commenting on the results, BlackEarth Managing Director Tom Revy said: “The success at Maniry of discovering and continual upgrading the Mineral Resources at Maniry is testament to the exceptional potential that exists at the project.

    “This updated and expanded Mineral Resource will be incorporated into the current Maniry DFS”

    This updated and expanded Mineral Resource will be incorporated into the current Maniry DFS and has the potential to significantly increase the proposed mine life for Maniry.

    Work continues on the Razafy Northwest area with an updated Mineral Resource expected ahead of the completion of the Maniry DFS. All assays from recent drilling in the area have now been received.”

    The Mineral Resource remains open along strike and down dip with the potential to add to the BlackEarth’s overall inventory of defined graphite mineral resources, now standing at 2.4Mt of contained graphite.

    The Razafy deposit is part of the Maniry Graphite Project, which is in southern Madagascar about 180km southeast of Toliara, the regional capital of the Toliara Region.

    The Razafy graphite deposits are situated within metasediments known as the Graphite Sequence, just southwest of the Saririaky anorthosite massif. The Graphite Sequence comprises graphite schist, marble, quartzite, amphibolites and leucogneiss and was metamorphosed at granulite facies conditions of around 700-900 degrees Celsius.

    Adam Orlando
    Mining.com.au Senior Reporter Adam Orlando more than 20 years’ experience in the media having held senior roles at various publications, including as Asia-Pacific Sector Head (Mining) at global newswire Acuris. Adam has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.

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    • Delayed Prices (USD) - Last Updated 05-08-2022
    • Gold $1,791.50
    • Silver $20.17
    • Platinum $930.00
    • Palladium $2,006.00
    • Dalian Iron Ore i2301 $102.83
    • Aluminium $2,378.00
    • Cobalt $50,460.00
    • Copper $7,677.50
    • Lead $2,025.00
    • Nickel $22,332.00
    • Tin $24,245.00
    • Zinc $3,277.00