Syrah diamond drilling to recommence

Company News


Syrah Resources Limited (ASX:SYR) says diamond drilling at its Balama Graphite and Vanadium Project in Mozambique will recommence next month.
 
The mineral exploration company says all drilling will be completed by late July this year.
 
Syrah says it expects new resources will be available by October and it expects a significant increase in tonnage.
 
The company says the results will affirm Balama is the preeminent graphite deposit globally.
 
Syrah Resources reported a $1.4 million net loss for the first half of the 2013 financial year. 

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