Energizer Resources Inc.(TSX:EGZ) announced preliminary assay results from phase 1 and phase 2 exploration programs at the Company’s Joint Venture Madagascar Green Giant property. The results reported the discovery of a potential flake graphite camp and assay results of a 61.4 metre intercept at 7.46% Carbon. Energizer Resources plans to carry out metallurgical analysis to inform the market of the full potential of the graphite identified to – date.
Highlights of the Phase I Exploration program at the Green Giant property:
- Identification of multiple flake graphite zones on Green Giant property
- Drill core assay results ranging as high as 21.0% C
- All Drill Holes intersected graphite with the most significant being FOND-01 which intersected 7.46% C over 61.46m
- Grab sample assays ranging up to 21.3% C