Energizer Resources Inc. (TSX:EGZ,OTCBB:ENZR,FWB:YE5) announced that it has retained the services of SGS Canada Inc. in Lakefield, Ontario to optimize its metallurgical process for the Molo graphite deposit in Madagascar.
Energizer Resources Inc. (TSX:EGZ,OTCBB:ENZR,FWB:YE5) announced a positive Preliminary Economic Assessment Technical Update for the Molo graphite deposit in Madagascar: average annual production of 84,000 tonnes per annum, average mill recovery of 89%, pre-tax NPV of $421,464,000, and a mine life of 20 years.
Energizer Resources Inc.(TSX:EGZ) announced the latest assay results from its 2011 exploration program at its Green Giant property, Madagascar. The company are hoping to develop a strong supply of graphite at the project over the coming year based on the recent results.
Energizer Resources Inc.(TSX:EGZ) received assays from the Phase 1 exploration program at its Green Giant and Joint Venture projects in Madagascar. The Company plan further drilling in Spring 2012 and aim to define a NI 43-101 compliant graphite resource by Q3. As quoted in the press release:
Energizer Resources Inc.(TSX:EGZ) announced reaching an agreement with DRA Mineral Projects to develop the Green Giant Project in Madagascar. The Company was in a position to enter into such an agreement after a significant discovery of graphite as well as its NI 43-101 vanadium resource. Energizer also announced new five new board appointments.
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.
Energizer Resources Inc.(TSX:EGZ,OTCBB:ENZR,FWB:YE5) entered into a Joint Venture Agreement with Australian company Malagasy Minerals Limited.The Joint Venture owned 75% by Energizer and 25% by Malagasy will focus on the exploration and development of industrial minerals.
With talk of supply tightening, vanadium suppliers are preparing to expand production. Increased demand has also led to developments in a number of non-traditional vanadium producing countries.
Energizer Resources Inc. (TSE:EGZ) reports on an update on the Green Giant vanadium project and initiation of mine permit.
Energizer Resources Inc. (CVE:EGZ) reports on Saturday, May 14, the Prime Minister and other governmental officials visited its Green Giant Vanadium project site, Madagascar.
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