Alba Mineral Resources plc said its completed first drilling campaign had intersected “significant” graphite layers at the Amitsoq graphite project in southern Greenland.
THICKNESS
The company’s subsidiary Obsidian Mining Ltd completed its planned diamond drill programme at the Amitsoq Island deposit, part of the overall Amitsoq project, to establish an initial mineral resource.
A total of 935m were drilled which was less than the planned 15 holes for up to 1,700 metres due to ground conditions at two of five drill pads.
The company added that two laterally continuous graphite horizons confirmed Alba’s existing geological model with all all completed drillholes intersecting either the upper graphite layer (UGL) or lower graphite layer (LGL) or both.
DRILL CORE
“Several graphite intersections are considerably thicker than expected from the modelling, up to 8.19m in the UGL and up to 15.54m in the LGL,” said the company in a statement.
Ground geophysics and sampling of the Kalaaq mainland discovery and environmental baseline studies have also been completed.
Trenching of target areas at Kalaaq revealed graphite beds up to 10m thick.
Alba’s chief operating officer Mark Austin said the encountered thick graphite intersections at Amitsoq were well in excess of the company’s projections from its structural modelling.
“We were also pleasantly surprised by the condition of the old mine workings and this will be an important factor as we move towards the long-term development of this very high-grade graphite project.”
The drill core will be sent to an accredited laboratory for assaying before results are given to the independent competent person to assist in resource estimation work.