Kibaran Resources Limited (ASX: KNL), (‘Kibaran’ or the ‘Company’) is pleased to announce its maiden JORC compliant Mineral Resource for the Merelani East deposit in Tanzania. The Mineral Resource estimate totals 17.2 million tonnes (Mt) grading 6.5% total graphitic carbon (TGC) for 1,120,000 tonnes of contained graphite in the Inferred category.
The resource estimate was carried out by CSA Global Pty Ltd (‘CSA Global’), an independent and internationally recognised mineral industry consultancy group and was based on data sets compiled from drilling, trenching and other geological activity undertaken in late 2014 (refer announcement dated 4 February 2015). The Mineral Resource estimate has been classified in accordance with the JORC (2012) Code.
SOURCE: KIBARAN RESOURCES
DATE: MAY 6, 2015
