The last time we featured graphite explorer Black Rock Mining (ASX:BKT) on Catalyst Hunter it was just days away from its Scoping Study – which it duly delivered on. Naturally the next step in the chain is the Pre-Feasibility Study (PFS), which could be just a matter of weeks away now.
Largest Graphite Resource in Tanzania: Scoping Study Due Any Day Now
Black Rock Mining (ASX:BKT) has now surfaced to the top of the Tanzanian graphite pool – yet it’s currently capped at under $15M. Following extensive exploration at its 100%-owned Mahenge Project, BKT just published stellar JORC resource results that outshine all of its Tanzanian rivals including the A$111MN-capped (undiluted) Magnis Resources (ASX:MNS).
BKT’s Tanzanian Graphite Resource Due in Weeks
The Tanzanian graphite pool which already features Magnis Resources (ASX:MNS) and Kibaran Resources (ASX:KBL) is swirling with activity. Several Tanzanian graphite explorers have seen their valuations start to move up including Black Rock Mining (ASX:BKT). At the same time this is minerals exploration and continued success is no guarantee.
ASX Graphite Explorer Drilling in Tanzania Now
The $8M-capped, junior explorer Black Rock Mining (ASX: BKT) is currently drilling for high grade graphite in Tanzania