Sama Graphite recently announced receipt of more results from the drilling program currently underway on the Lola Graphite property in the Republic of Guinea. Assays returned encouraging results, such as 30 meters at 8.14% Cg, including 19 meters at 11.40% Cg. Additionally, drilling in the northern part of the deposit demonstrated increased thicknesses of the weathered graphite mineralized profile to up to 50 meters from surface.
To date, the Company has completed 99 boreholes totaling approximately 2,450 meters, representing approximately 60% of the program.
The drill rig is now situated in the northern zone of the deposit, where a total of 36 boreholes are to be drilled. The first hole drilled at this location returned 52 meters of weathered profile, significantly thicker than SRG's initial estimate of 20 meters. Based on results to date, the average weathered profile is approximately 32% greater than anticipated.
SRG is a Canadian-based company focused on developing the Lola Graphite deposit, located in the Republic of Guinea, West Africa.