Marula Mining’s subsidiary NyoriGreen Mining (NML) announces that it has received eight new graphite mining licences in Tanzania.
Effective from 19 April 2024, these licences are anticipated to expand the Nyorinyori Graphite Project and the NyoriGreen Graphite Project for seven years. The addition of the eight new licences brings the total number of graphite mining licences in the projects to 35, covering an area of around 337ha.
Marula Mining CEO Jason Brewer said, as quoted by GlobalData: “We are delighted to announce that NyoriGreen has been awarded eight mining licences, marking another significant milestone for us in our focus on high-grade graphite projects in Tanzania.
"With a total of 35 graphite mining licences at the projects, we are well-positioned to concentrate our exploration efforts in the area and target potential high-grade graphite mineralisation.
"The assay results have already indicated the area's potential for high-grade graphite mineralisation. Therefore, by expanding our licence area we are poised to consolidate exploration activities in the target region.”