I recently updated the TMR Advanced Graphite Projects Index, to reflect one updated and one new mineral-resource estimate, one company name change and one acquisition, all of which were announced since the last update. The effective date of the updates is December 10, 2013. The specifics:
- On October 24, 2013, Energizer Resources Inc. (TSX:EGZ, OTCQX:ENZR, F:YE5) acquired 100% ownership of the Molo graphite project in Madagascar, from its joint-venture partner Malagasy Minerals Limited (ASX:MGY);
- On November 28, 2013, Strategic Graphite Limited, owner of the Uley Main Road graphite project in Australia, changed its name to Valence Industries Limited (ASX:VXL);
- On December 2, 2013, Zenyatta Ventures Ltd. (TSX.V:ZEN) announced a maiden NI 43-101-compliant resource estimate for its Albany graphite project in Canada. According to the associated news release, 25.1 Mt of the resource is at the Indicated level @ 3.89% Cg and 20.1 Mt is at the Inferred level @ 2.20% Cg (each at a 0.6% Cg cut-off grade); and
- On December 5, 2013, Mason Graphite Inc. (TSX.V:LLG, OTCQX:MGPHF) announced an updated NI 43-101-compliant resource estimate for its Lac Guéret graphite project in Canada. According to the associated news release, 11.9 Mt of the resource is at the Measured level @ 17.1% Cg, 45.5 Mt is at the Indicated level @ 15.6% Cg and 4.5 Mt is at the Inferred level @ 15.5% Cg (each at a 5% Cg cut-off grade).
You can access the updated details via the Index page.
The Index currently consists of 24 graphite mineral resources, associated with 21 advanced graphite projects, 15 different companies and located in 11 different regions within 7 different countries. Including the projects on the Index, TMR is currently monitoring a total of 283 graphite projects under development associated with 130 different companies in 26 different countries.