Gold Anomaly Limited (ASX:GOA) announced that following the completion of a study of historical drill results at the Jolly Tar prospect, it has uncovered a substantial graphite potential.
As quoted in the press release:
Substantial intercepts of graphite were recorded to be present at the prospect during the historic drilling. Graphite over 50% was logged in 53 of 59 holes drilled and over a strike length of in excess of 800 metres. The graphite occurs near surface in a gently eastward dipping zone with thicknesses recorded of in excess of 10 metres.