Reconnaissance geological mapping has confirmed the locations of historical workings and identified structural target for new vein graphite deposits across Lanka Graphite's licences in south-western Sri Lanka
Very Low Frequency (VLF) Electromagnetic (EM) surveys have verified the presence of conductive zones below and between old shafts and adits historically mined for vein graphite
Results of the VLF survey will underpin a proposed second phase of detailed geophysical surveying. It is anticipated that the second survey phase will identify targets for core drilling in 2016
Lanka Graphite Limited (ASX: LGR) is pleased to announce the first set of results from an ongoing VLF geophysical survey and geological mapping exercise being undertaken over its Exploration Licences in south western Sri Lanka.
Lanka Graphite Limited (ASX: LGR) is an Australian-based Graphite Exploration Company focused on exploring high purity vein graphite in Sri Lanka. The Company currently holds seven exploration licences and one exploration licence application.