TMR Advanced Graphite Projects Index
TMR is first and foremost interested in the graphite sector from the strategic point of view. We are interested in the potential value that specific natural-graphite deposits and their development could have, in the furtherance of the needs and demands of the overall technology supply chain.
The TMR Advanced Graphite Projects Index consists of natural-graphite projects currently underway around the world, which have been formally defined as mineral resources or reserves under the guidelines of a relevant scheme such as NI 43-101 or the JORC Code.
The Index, last updated on October 5, 2014, currently consists of 30 graphite mineral resources, associated with 27 advanced graphite projects, 22 companies and located in 9 countries, as shown in the table below.
Including the projects on the Index, TMR is currently monitoring a total of 312 graphite projects under development associated with 142 companies in 29 countries.
Advanced Graphite Projects
|Albany||CAN||Ontario||Zenyatta Ventures Ltd.||TSX.V:ZEN||NI 43-101|
|Balama East||MOZ||Cabo Delgado||Syrah Resources Ltd.||ASX:SYR||JORC|
|Balama North||MOZ||Cabo Delgado||Triton Minerals Limited||ASX:TON||JORC|
|Balama West||MOZ||Cabo Delgado||Syrah Resources Ltd.||ASX:SYR||JORC|
|Bissett Creek||CAN||Ontario||Northern Graphite Corporation||TSX.V:NGC, OTCBB:NGPHF||NI 43-101|
|Campoona||AUS||South Australia||Archer Exploration Ltd.||ASX:AXE||JORC|
|Coosa||USA||Alabama||Alabama Graphite Corp.||CNSX:ALP, OTCQX:ABGPF||NI 43-101|
|Epanko||TZA||Morogoro||Kibaran Resources Limited||ASX:KNL||JORC|
|Geuman||KOR||Chungcheongnam||Lamboo Resources Ltd.||ASX:LMB||JORC|
|Graphite Creek||USA||Alaska||Graphite One Resources, Inc.||TSX.V:GPH, OTCQX:GPHOF||NI 43-101|
|Kambale||GHA||Upper West Region||Castle Minerals Limited||ASX:CDT||JORC|
|Kearney||CAN||Ontario||Ontario Graphite Co.||N/A||NI 43-101|
|Kookaburra Gully||AUS||South Australia||Lincoln Minerals Limited||ASX:LML||JORC|
|Koppio||AUS||South Australia||Lincoln Minerals Limited||ASX:LML||JORC|
|Kringel||SWE||Gävleborg||Flinders Resources Ltd.||TSX.V:FDR||NI 43-101|
|Lac Guéret||CAN||Quebec||Mason Graphite Corp||TSX.V:LLG||NI 43-101|
|Lac Knife||CAN||Quebec||Focus Graphite Inc.||TSX.V:FMS, OTXQX:FCSMF, F:FKC||NI 43-101|
|Loharano||MDG||Toamasina||StratMin Global Resources plc||AIM:STGR||JORC|
|McIntosh||AUS||Western Australia||Lamboo Resources Ltd.||ASX.LMB||JORC|
|Mousseau West||CAN||Quebec||Graniz Mondal Inc.||TSX.V:GRA.H||NI 43-101|
|Molo||MDG||Atsimo-Andrefana||Energizer Resources Inc.||TSX:EGZ, OTCBB:ENZR||NI 43-101|
|Nunasvaara||SWE||Norbotten||Talga Resources Limited||ASX:TLG||JORC|
|Raitajärvi||SWE||Norbotten||Talga Resources Limited||ASX:TLG||JORC|
|Samcheok||KOR||Gangwon||Lamboo Resources Ltd.||ASX:LMB||JORC|
|Taehwa||KOR||Gangwon||Lamboo Resources Ltd.||ASX:LMB||JORC|
|Uley Main Road||AUS||South Australia||Valence Industries Limited||ASX:VXL||JORC|
|Wilclo South||AUS||South Australia||Archer Exploration Ltd.||ASX:AXE||JORC|
|Yalbra (JV)||AUS||Western Australia||Buxton Resources Ltd.||ASX:BUX||JORC|
|Yalbra (JV)||AUS||Western Australia||Montezuma Mining Company Ltd.||ASX:MZM||JORC|
In addition to the grade and in-situ quantity, the size distribution of graphite flake within a resource is a critical parameter for evaluating its value. In general, the larger the flake size, the more valuable the graphite.
Characterizing a graphite deposit in terms of flake size, however, is something of an arbitrary process; graphite is categorized according to the mesh sieves through which material does or does not pass. There are a wide range of mesh sizes available, and unfortunately there is no standard set of mesh size ranges in use. Furthermore, there is no consistency from one company to another in the use of terms such as "large", "medium" or "fine" to describe categories of flake size (at least one company uses a mesh size range that it describes as "large flake", which other companies categorize as "medium flake", further confusing matters).
This means that unlike, for example, the rare-earths sector, where we can easily compare the relative distribution of individual rare-earth elements between deposits, comparing flake size distributions between projects is not straightforward.
Therefore, instead of a simple comparison chart for flake-size distributions, we present the published data and comments for the projects above as follows:
|Project||Flake size distribution|
|Albany||Hydrothermal (non-flake) deposit.|
|Balama East||2.4% @ +50 mesh (98.2% Cg); 32.7% @ -50/+80 mesh (97.5% Cg); 26.6% @ -80/+140 mesh (97.6% Cg); 16.6% @ -140 mesh (94.0% Cg).|
|Balama North||"High grade large flake graphite".|
|Balama West||5% @ +300 µm; 42% @ 150-300 µm; 45% @ 75-150 µm; and 8% @ -75 µm.|
|Bissett Creek||18.0% @ +32 mesh (95.1% Cg); 31.0% @ -32/+50 mesh (95.1% Cg); 28.2% @ -50/+80 mesh (94.5% Cg); 5.0% @ -80/+100 mesh (97.3% Cg); 7.0% @ -100/+150 mesh (98.0% Cg); and 11.0% @ -150 mesh (92.7% Cg).|
|Campoona||"Average graphite size of between 150-200 [µm]".|
|Coosa||"Results from assay labs on all samples have shown significant high grade crystal flake graphite".|
|Epanko||8.4% @ +500 µm (97.6% Cg); 13.2% @ 300-500 µm (95.4% Cg); 28.6% @ 180-300 µm (93.8% Cg); 23.6% @ 106-180 µm; (93.6% Cg); 10.4% @ 75-106 µm; (91.0% Cg); and 15.8% -75 µm; (87.5% Cg)|
|Geuman||"Contains fine to jumbo grade flake graphite".|
|Graphite Creek||"High percentage of large flake graphite".|
|Kambale||"38% of the fresh material and 68.6% of the weathered material reporting in the +75 micron fractions."|
|Kearney||"A high percentage of +48 mesh flake graphite".|
|Kookaburra Gully||"+150 µm flake graphite @ 90.5% Cg".|
|Koppio||Historically "sold as coarse (+300 µm) and medium flake".|
|Kringel||40% @ +160 µm; 28% @ 75-160 µm; 32% @ -75 µm (all at up to 94% Cg).|
|Lac Guéret||No quantitative data available|
|Lac Knife||33.5% @ +80 mesh (98.3% Cg); 29.8% @ -80/+150 mesh (98.2% Cg); 16.6% @ -150/+200 mesh (98.0% Cg); and 20.1% @ -200 mesh (91.1% Cg).|
|Lohorano||"70% of graphite recovery classed as large flake (+100 mesh) of which 59% is higher value jumbo flake (+60 mesh)".|
|McIntosh||5% @ 1,000-250 µm; 25% @ 250-75 µm; and 70% @ 75-38 µm.|
|Mousseau West||No quantitative data available|
|Molo||"Contains flake graphite including jumbo (+50 mesh), large (+80 mesh), medium (-80 to +100 mesh) and small flake (-100 to -200)".|
|Nunasvaara||No quantitative data available|
|Raitajärvi||11% @ +40 mesh; 38% @ -40/+80 mesh; 38% @ -80/+140 mesh; 13% @ -140 mesh (>85% of all +140 mesh and larger at 90-93% Cg).|
|Samcheok||"Contains fine to coarse grade flake graphite".|
|Taehwa||"Contains coarse to jumbo grade flake graphite".|
|Uley Main Road||Estimated 60% "coarse graphite" (flake > 75µm).|
|Wilclo South||No quantitative data|
|Yalbra||No quantitative data|
- Over time, the Index will expand as mineral-resource estimates for additional projects are defined.
- The Index includes advanced graphite projects known to Technology Metals Research, LLC (TMR), based on public-domain information only. Therefore, it is possible that there are other advanced graphite projects currently in development or operation, which are not included in the Index, and / or at the time of the last update, were not known to TMR.
- Only advanced graphite projects that are fully or partially owned or operated by corporations, or other non-state-run entities, are included in the Index.
Disclosures concerning the above companies: Neither Gareth Hatch nor Jack Lifton is a shareholder of, director of nor a consultant to any of the companies listed in the TMR Advanced Graphite Projects Index (statement current as of October 5, 2014).Print