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Ghana mining sector: the results of the Kambale graphite project will be used to provide an initial resource estimate

06/01/2023
Source : ORISHAS FINANCE
Categories: Raw materials Sectors

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Castle Minerals a annoncé le mercredi 4 janvier au Ghana, la fin d' un programme de forage à circulation inverse (RC) sur environ 2 300 m à his Kambale graphite project. The results of this program to better define é areas style="font-family: "Bookman Old Style”, "serif">to high-grade materials intercepted during a previous campaign will be used to provide a first estimate of mineral resources that complies with the 2012 JORC code by the end of the first quarter of 2023.

Ghana's mining sector is dominated by gold. The country's government has been engaged in a diversification policy for several years, in order to benefit from the energy transition to exploit its lithium and graphite resources, two materials used in electric vehicles. The launch of an exploratory study in the second quarter is part of junior mining's objectives for 2023. According to an estimate in accordance with the 2004 JORC code, the Kambale project hosts 14.4 million tons containing 7.2% of graphitic carbon and 1.03 million tons of graphite.

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