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An announcement from Dominion Minerals Limited ( (AU:IVG) ) is now available.
InVert Graphite Limited announced promising initial drill results from the Kumba prospect at its Morogoro Graphite Project in Tanzania, revealing significant graphite mineralization. The results, which include up to 13.4% Total Graphitic Carbon (TGC), suggest a strong potential for high-grade graphite deposits, with further drilling underway to confirm the extent of the mineralization. This development could enhance InVert’s position in the graphite market, potentially benefiting stakeholders through increased resource estimates and future production capabilities.
More about Dominion Minerals Limited
InVert Graphite Limited operates in the mining industry, focusing on the exploration and development of graphite resources. The company is primarily engaged in the Morogoro Graphite Project in Tanzania, aiming to capitalize on high-grade graphite deposits.
Average Trading Volume: 476,613
Technical Sentiment Signal: Sell
Current Market Cap: A$14.67M
For a thorough assessment of IVG stock, go to TipRanks’ Stock Analysis page.