Buxton seeks Graphite Bull clearances

Aboriginal Heritage Surveying has commenced at Buxton Resources’ (ASX:BUX) 100% owned Graphite Bull Project.

This survey builds on previous surveying in 2013, 2014 and 2022, and extends coverage to some 3km-square.

Surveying underway in March 2024 aims to provide clearances to the south of the existing resource, to allow extensional drilling at depth, and to the east where good potential exists for additional high grade tonnes to be defined at shallow depths.

The 2014 inferred resource of 4Mt @ 16.2% TGC is defined over a strike length of 460m.

Buxton says its recent scout drilling has demonstrated that ‘high-grade’ graphite mineralisation occurs over a strike length exceeding 2km. High and low power EM surveying indicates good additional potential extending to over 3km of strike length.

CEO Marty Moloney says the company is very pleased to be working again in partnership with the Wajarri People, the Native Title custodians of the land which hosts the Graphite Bull Project.

“Clearances from this work will allow for the highly anticipated commencement of infill drilling to expand the resource.”

Write to Adam Orlando at Mining.com.au

Images: Buxton
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Written By Adam Orlando
Mining.com.au Editor-in-Chief Adam Orlando has 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 (formerly Mergermarket). Orlando has worked in newsrooms around the world including Hong Kong, Singapore, London, and Sydney.