Category: Article News

GRAPHITE FOCUS – Investment Highlights

FLAGSHIP MANIRY PROJECT Large area of outcropping hills of high-grade graphite Surface sampling has defined consistent grades of 8 to 12%C over large areas with lenses up to 50%C Initial mineralogical evaluation has confirmed the large flake size quality aspects of the graphite Initial metallurgical test work underway Exploration target within100 metres of surface of 200–250 Mt grading between 8 and 12%C IANAPERA PROJECT Series of high-grade graphite lenses located to the immediate north of the Energizer Resources Inc. Molo Project. Strategic position to provide higher grade to feed to the Molo Graphite Project (5-15km haulage). Geophysical evidence indicates a larger concealed system beneath the known extents of the mineralisation. MOLO GRAPHITE PROJECT (Energizer Resources Inc.) Recent sale of 25% in the Molo Graphite JV to focus on 100% owned assets: On execution: C$400,000 cash / 2,500,000 shares (12mth escrow period), 3,500,000 EGZ warrants On completion of BFS: C$700,000 cash / 1,000,000 shares Commencement of mining: C$1,000,000 cash / 1.5% Net Smelter Return on all production 1. In accordance with Clause 17 of the JORC Code 2012 any reference to “Exploration Target” in the announcement in terms of target size and type should not be taken as an estimate of Mineral Resources or Ore Reserves. The potential quantity and grade is conceptual in nature. There has been insufficient exploration to define a Mineral Resource and it is uncertain if further exploration will result in the definition of a Mineral Resource. The ”Exploration Target” is based upon exploration and geological work Malagasy has completed at the Maniry Project. Tonnage and grade ranges were determined by calculating the surface area of the defined outcrops of visually high grade graphite mineralisation, applying a conservative specific gravity(SG) factor and projecting the mineralisation to a maximum depth of 100m. Active exploration programs of trenching and drilling have been planned to test the validity of the exploration target.

Emerging world-class graphite province in Southern Madagascar: FLAGSHIP MANIRY PROJECT Large area of outcropping hills of high-grade graphite Surface sampling has defined consistent grades of 8 to 12%C over large areas with lenses up to 50%C Initial mineralogical evaluation has confirmed the large flake size quality aspects of the graphite Initial metallurgical test work underway […]

SOUTHERN MADAGASCAR– “A Major Graphite Province”

• Major graphite mineral field • Located within the Proterozoic Ampanihy Graphite Domain – a series of highly metamorphosed graphitic schists and gneiss’s formed during the East African Orogeny (same event as Tanzania) • Crucially, large anorthositic intrusions present within the sequence created the structural framework, ‘pressure shadows’, that allowed the graphite to concentrate into […]

The Company Projects

The Company Projects

Overview History, Physiography, Culture & Government Madagascar is located in the Indian Ocean off the eastern coast of southern Africa, separated from the mainland by the Madagascar Channel. It is the fourth largest island in the world, approximately 1600km in length and 500km in width, comprising some 590,000 square kilometre’s; approximately equivalent to the size […]