Energizer Resources Inc.(TSX:EGZ) announced additional assay results from its Green Giant project. The Company also announced that NI 43-101 resource drilling will begin in two weeks on the Green Giant Molo graphite deposit.
As quoted in the press release:
These latest drill hole assays continue to confirm that extensive surficial graphite mineralization extends to depth over the Molo deposit. As a result, the Company is now focusing its full attention and resources behind fast tracking the delineation of a National Instrument 43-101 (NI 43-101) compliant resource at the Molo deposit. Based on work completed to date, the Company is targeting a resource between 50 and 100 million tonnes within a grade range of 6 to 10% C.