Maniry Graphite Project - Drilling Update

BlackEarth Minerals NL (ASX: BEM)
  • 14 holes totalling 650 metres of drilling has been completed at the Maniry Graphite Project – Razafy Northwest zone

    • Core logging has identified potentially high grade graphite across numerous holes up to 15-20 metres in (true) width from near surface (refer Figures 1 & 2 - Hole NW30B)

    • The current program is likely to be extended given visual reports to date along strike and at depth; mineralisation remains open at depth for half of the drillholes completed to a set depth of 50m

    • Initial diamond core samples are being prepared by Company technical personnel in Antananarivo and will be sent to Perth for assaying shortly

    BlackEarth Minerals NL (ASX: BEM) ("BlackEarth" the "Company") is pleased to provide an update of exploration activities at the Maniry Graphite Project ("Project") located in southern Madagascar.

    The aim of the current 1000 metre diamond drill program is to not only gain a better understanding of the scale and potential of the Maniry graphite domain, but also to further delineate high grade mineralisation to compliment the initial stages of a mining operation.

    The current program is based on previous exploration activities, where BEM undertook trenching at Razafy Northwest which returned assays that included: 48m at 10.22%TGC and 12m at 13.32%TGC (refer ASX announcement 19 Feb 2019).

    Both current activities together with previous results highlight the potential

    /Public Release. This material from the originating organization/author(s) might be of the point-in-time nature, and edited for clarity, style and length. Mirage.News does not take institutional positions or sides, and all views, positions, and conclusions expressed herein are solely those of the author(s).