Graphite One announces the results of the 2022 drilling program and updated resource estimate, which shows an increase of 15.5% in Measured and Indicated tonnage with a corresponding increase of 13.1% in contained tonnes of graphite. The Measured and Indicated Resources now stand at 37.6 M tonnes at 5.14% graphite, with an Inferred Resource of 243.7 M tonnes at 5.07% graphite. "We’ve been very consistent about the potential we see in Graphite Creek," said Anthony Huston, President and CEO of Graphite One. "The recognition by USGS coupled with this increase in our Measured and Indicated Resources and the fact that we have explored only 26% of our graphite anomaly underscores that Graphite Creek is truly a generational resource."
Published first on TheFly
