tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

InVert Graphite Reports High-Grade Graphite Discovery at Morogoro Project

Story Highlights
  • InVert Graphite Limited found high-grade graphite at the Kumba deposit in Tanzania.
  • The company plans further drilling to explore deeper mineralization at the Morogoro Project.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
InVert Graphite Reports High-Grade Graphite Discovery at Morogoro Project

Elevate Your Investing Strategy:

Dominion Minerals Limited ( (AU:IVG) ) has issued an announcement.

InVert Graphite Limited announced promising initial trench results from the Kumba deposit at its Morogoro Project in Tanzania, with high-grade graphite findings of up to 29% Total Graphitic Carbon (TGC). These results support previous surface samples and have prompted the company to prepare for a Reverse Circulation drilling program to explore mineralization at greater depths. The announcement marks a significant step in the company’s strategic shift following its recent rebranding and acquisition of the Morogoro Project, potentially enhancing its position in the critical minerals market.

More about Dominion Minerals Limited

InVert Graphite Limited, formerly Dominion Minerals Limited, is an Australian company engaged in the exploration and development of critical minerals in Tanzania and South Australia. The company focuses on graphite, with its flagship project, the Morogoro Project, located in Tanzania.

Average Trading Volume: 1,038,592

Technical Sentiment Signal: Sell

Current Market Cap: A$10.96M

For a thorough assessment of IVG stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1