Evolution Energy makes new graphite discovery east of Chilalo
May 01, 2023 at 08:41 pm
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Evolution Energy Minerals Ltd (ASX:EV1) managing director Phil Hoskins tells Proactive the company has made a new graphite discovery east of its Chilalo mining licence in Tanzania. EV1 has confirmed high-grade mineralisation over 1.6 kilometres of a possible 3.5-kilometre strike length, proving up the development-ready asset’s expansion potential.
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Proactive Investors
Jonathan Jackson
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Evolution Energy Minerals Limited is an Australia-based company, which is involved in exploration and pre-development works. The Company is engaged in the exploration and development of its Chilalo Graphite Project in southern Tanzania. The Company has discovered two high-grade mineralized zones, Chilalo East and Chilalo E2. High-grade mineralization at Chilalo East has been defined over 1.6 kilometers (km) out of a potential 3.5 km strike length indicated by the high-conductance electromagnetic conductor. At Chilalo E2, located to the east of Chilalo Mining License and parallel to the north of Chilalo East, 1.1 km out of a potential five km strike has been tested so far with mineralization open to the east and west.