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An update from Dominion Minerals Limited ( (AU:IVG) ) is now available.
InVert Graphite Limited has reported further strong drilling results from the Kumba prospect at its Morogoro Graphite Project in Tanzania, with seven additional reverse circulation holes confirming wide, high-grade graphite zones from surface, including intersections up to 90 metres grading around 8% total graphitic carbon and peak grades approaching 15%. The maiden drilling program has validated the continuity and scale of mineralisation along initial drill lines, supporting the potential for a significant, low-strip graphite resource, while results from a further seven RC and four diamond drill holes remain pending as the company prepares to resume drilling after the wet season, a development that could enhance its resource base and strengthen its strategic position in the graphite sector.
More about Dominion Minerals Limited
InVert Graphite Limited is an Australian-listed resources company focused on exploring and developing graphite assets, with its flagship Morogoro Graphite Project located in Tanzania. The company targets high-grade, near-surface graphite mineralisation that can support a low-strip, cost-efficient mining operation, positioning it to supply growing demand for graphite in energy storage and industrial applications.
Average Trading Volume: 449,134
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$13M
For an in-depth examination of IVG stock, go to TipRanks’ Overview page.