Sarytogan boosts graphite resource, advances DFS and secures fresh funding

The latest update is out from Sarytogan Graphite Limited ( (AU:SGA) ).

Sarytogan Graphite Limited reported further progress at its Sarytogan graphite project, highlighted by an updated Mineral Resource Estimate for the Central Graphite Zone of 56.6 million tonnes at 28.8% total graphitic carbon, including its first Measured classification. This lifts the total project resource to 225 million tonnes at 29.2% TGC and underpins a Definitive Feasibility Study now being run by Wood Australia and WSP, while recent approval milestones include securing a water licence and advancing environmental and biodiversity work to align with international banking standards.

The company prepared 100 kilograms of graphite concentrate for purification and testing, with 75 kilograms dispatched to the U.S. for spheronisation and battery testing and the balance allocated to industrial customers, reinforcing active product marketing with automakers, battery producers and industrial users. Exploration at the Baynazar copper prospect identified a strong bedrock anomaly, and on the corporate front Sarytogan completed a A$3.6 million investment from Sarsenov and expects a A$1.4 million top-up from EBRD, leaving it with A$2.7 million in cash at quarter end to support ongoing DFS, exploration and financing initiatives.

More about Sarytogan Graphite Limited

Sarytogan Graphite Limited is an ASX-listed resources company focused on developing its high-grade Sarytogan graphite project in Kazakhstan. The company targets natural graphite for battery anode and industrial applications, advancing from resource definition through feasibility studies while engaging potential offtake partners in the automotive, lithium-ion battery and broader industrial sectors.

Average Trading Volume: 290,641

Technical Sentiment Signal: Sell

Current Market Cap: A$21.17M

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