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Drilling identifes new graphite target at Springdale

The first drilling program at International Graphite’s Springdale Graphite Project, in Western Australia, has revealed another high-grade graphite prospect.

Results from nine holes (721m) of RC drilling have intersected multiple zones of shallow graphite mineralisation over a strike length of over 700m that is open in all directions, increasing the potential of the 15.6 million tonne (6% total graphitic carbon) Springdale Graphite Project.

To date 32 RC holes (~2,558m) have been completed in this drilling campaign, which kicked off in June 2022. Nine of these holes were drilled in the area previously identified as SDW_1, which is located within 500m of the existing mineral resource, and is now known as “Springdale Far West”.

Springdale Far West sits just 500 metres away from the existing mineral resource, with potential to add to its high-grade resource estimate component of 2.6 million tonnes at 17.5% TGC.

“These exploration results are exceptional and confirm the use of electromagnetic geophysical survey data to highlight the substantial graphite mineralisation potential across our Springdale tenements and the potential for significant resource growth at the project,” Chairman Phil Hearse said.

“We have intersected multiple shallow zones of high-grade mineralisation, which consistent with the existing resource, appear to be amenable to simple open pit mining.”

Read the ASX announcement.

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International Graphite acknowledges the Traditional Owners of Country throughout Australia, particularly the Whadjuk, Wiilman, Kaniyang and Wadjari Peoples of the Noongar Nation, and pay our respects to Elders past and present.