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Thursday, July 06, 2017 11:25:38 AM
Dear Energizer Enthusiast, August,29,2012
With the announcement today of the completion of our resource drill program and our latest assay results, Energizer is now able to outline the prospective size, grade and tonnage of the Molo deposit.
Based on our latest assay results, the Company is confident of delineating a deposit in excess of 100 million tonnes at an average grade greater than 6% carbon (graphite). This would position the Molo as the largest known single-source deposit of high-grade graphite in the world.
The Company has now released assays for 9 of 41 drill holes, and 8 of 18 trenches. Over the next several weeks, we will be releasing on a consistent basis the rest of the assay results ahead of our National Instrument (NI) 43-101 compliant graphite resource, which will be part of the Preliminary Economic Assessment (PEA) expected in Q4 of this year.
I encourage you to read our release today in its entirety, as we have outlined within it why we believe the Molo deposit has the potential to be a low-cost model for the industry. Please click here for a link to the press release.
Good Reading,
Brent Nykoliation
Vice-President, Business Development
Energizer Resources Inc.
brentnykoliation@energizerresources.com |
Energizer Resources Inc. | 141 Adelaide Street West | Suite 520 | Toronto | Ontario | M5H 3L5 | Canada
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