Zentek Ltd (ZTEK)

[gje2]

I was getting a bit nervous, but I did end up pulling the trigger and added a little around .41.

Admittedly I'm learning. Not much knowledge when it comes to Graphite, which is why I post articles that explain the basics.

A guy on stockhouse named "muff" made a nice observation. Here it is...hope he doesn't mind.

"It is very important to note here that hole #2 is actually better than the discovery hole and here is why....

Discovery Hole Specs
• 8 separate and distinct zones of graphite rich ore was intercepted.
• The 1st zone started at 79m
• The last zone ended at 522m
• The total of all zones intercepted was 189m

Hole # 2 Specs
• 2 separate and distinct zones of graphite rich ore was intercepted.
• The 1st zone started 56m
• The 2nd zone ended at 265m
• The total of both zones intecepted was 180m

Summation

As the drill moves south from the discovery hole the ore body is closer to the surface and is only half the original depth. The overal vertical dimension of the ore body is still approzimately the same size. This result speaks volumes for the economics of an open pit mine. There is a whole lot less dirt to move to get at the graphite."