In accordance with planned follow-up of exploration targets Lamboo is commencing drilling at Targets 5 and 6 in addition to undertaking further work at Target 1. Drilling at Target 1 will assess the strong aerial EM anomaly as an extension to the initial flake graphite resource estimated under the JORC code.
Highlights
- Drilling at Targets 5 and 6 will follow-up strong ground geophysical IP anomalies that extend over an aggregate strike length of 2,000 metres.
- Rock chip samples from Targets 5 and 6 have assayed up to 17.8%TGC and are associated with broad intervals of flake graphite mineralisation based on preliminary drilling.
- Port access has been confirmed at Wyndham, in northwest WA and will accommodate production from any planned graphite operation.
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