EPL to clear way for graphite sampling
Next Graphite, the anticipated drivers of a plan to push ahead with bulk sampling of approximately 2000 tonnes of graphite, indicated the Ministry of Mines and Energy has finally reviewed its grant renewal for its exclusive prospecting license, according to its Chief Executive Officer Cliff Bream in discussion with the Economist.
According to Bream, once approval has been given, Next Graphite will together with its partner CKR Carbon commence with the studies. “We are currently working on a proposal to the ministry that satisfies the requirements laid out in the letter, which will be submitted by early March. Once the renewal of the exclusive prospecting license is granted we expect that our joint venture partner CKR Carbon will begin a bulk sampling programme to produce approximately 2,000 tones of graphite product that will be sent to a toll mill for testing of the graphite for processing into final product.”
Continued Bream, “studies of the project are ongoing. Over the past two years we have completed several tests of the material in the dumps and its suitability for processing by conventional milling and flotation. CKR Carbon is continuing the investigations on the property and is planning a geophysical survey to explore for extensions to the known graphite horizons. We anticipate that a full report will be provided to the government by mid 2016.”
“There are five such dumps on the property and these contain significant graphite that can be recovered by screening and sorting. So the material in the dumps will be processed on site and either stockpiled for later processing or sent to a toll mill.”
Mining on the Aukam farm started in 1940 until 1974, leading to the production of 25,000 tonnes of graphite according to the Next Graphite website. The farm is situated near Bethanien and is one of two graphite mines currently in the planning phase.