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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.