Positive Results for Kibaran Resources

    Published on September 8th, 2015

    Kibaran Resouces Logo cropped

     Congratulations to CSA Global‘s client, Kibaran Resources on its positive results

    Merelani Upgrade Paves Way for PFS

    • 43% of Mineral Resource estimate increased to higher JORC classification of Indicated Resource
    • Completion of Epanko BFS supports proceeding to complete a Pre-Feasibility Study (‘PFS’) for its 100% Merelani East Graphite Deposit
    • Terms of reference for PFS will evaluate replicating the Epanko plant and expansion plans
    • Metallurgical results demonstrate the Merelani East Graphite Deposit is premium quality
    • Graphite suitable for the battery market and exhibits extremely high crystallinity with an ash melting point of 1,451oC, ultra-high purity of 99.98%C and high flake distribution of 79.8% greater 106 micron
    • Offtake and sales interest received for Merelani graphite supports the Company’s view the graphite end market is seeking diversity in supply
    • Excellent access to infrastructure – 380km to Tanga port and 15km to grid power
    • Merelani-Arusha Graphite Project now registered with National Environmental Management Council

     

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    SOURCE: KIBARAN RESOURCES
    DATE: 8 SEPTEMBER, 2015

     

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