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The latest announcement is out from Dominion Minerals Limited ( (AU:IVG) ).
InVert Graphite Limited has commenced its maiden Reverse Circulation drilling program at the Kumba Deposit within the Morogoro Project in Tanzania. The program aims to explore the high-grade graphite results previously reported from trenching, with drilling expected to conclude in three weeks and results anticipated within four to six weeks thereafter. This initiative marks a crucial step in assessing the scale and continuity of the graphite system, potentially enhancing the company’s position in the graphite mining sector and advancing its strategy to develop Morogoro into a significant graphite project.
More about Dominion Minerals Limited
InVert Graphite Limited is a company operating in the mining industry, focusing on the exploration and development of graphite resources. The company is primarily engaged in the extraction and processing of high-grade graphite, with a significant market focus on establishing its Morogoro Project in Tanzania as a major graphite production site.
Average Trading Volume: 382,213
Technical Sentiment Signal: Hold
Current Market Cap: A$10.96M
For an in-depth examination of IVG stock, go to TipRanks’ Overview page.