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An announcement from Dominion Minerals Limited ( (AU:IVG) ) is now available.
InVert Graphite has reported additional strong assay results from diamond and reverse circulation drilling at the Kumba prospect within its Morogoro Graphite Project in Tanzania. The campaign confirmed broad zones of high-grade, near-surface graphite, including intervals grading up to 21.5% total graphitic carbon, reinforcing the thickness and continuity of mineralisation across multiple holes.
These results complete the maiden drill program at Kumba, which was paused at the onset of the wet season, and will now feed into planning for the next phase of work post-wet season. With an RC rig already on site and further trenching and surveying underway to support resource modelling, InVert is positioning Kumba as a potential large, high-grade graphite resource that could enhance its standing in the graphite exploration sector.
More about Dominion Minerals Limited
InVert Graphite Limited is an Australian resources company focused on exploring and developing graphite deposits, with a key focus on the Morogoro Graphite Project in Tanzania. The company is targeting high-grade, near-surface graphite mineralisation that could support the development of a significant graphite resource for industrial and battery-related markets.
Average Trading Volume: 350,413
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$12.58M
Find detailed analytics on IVG stock on TipRanks’ Stock Analysis page.