November 2015
MODERN MINING
15
MINING News
Black Rock Mining acquires
Bagamoyo graphite project
The project is located in the Bagamoyo district of Tanzania, approximately
125 km north-west of Dar es Salaam.
ASX-listed Black Rock Mining has executed an exclusive option
agreement to acquire a 100 % interest in seven contiguous mineral
exploration permits, collectively known as the Bagamoyo graphite
project, in Tanzania. Black Rock already holds the Mahenge graphite
project, which includes the Cascade and Ulanzi prospects, south-west
of Dar es Salaam.
“The acquisition of the Bagamoyo graphite project represents
a significant strategic milestone and establishes the company as a
major graphite explorer and developer in Tanzania,” comments the
MD of Black Rock Mining, Steve Tambanis. “The Mahenge project
remains our priority and is expected to deliver a significant resource
by the end of 2015; however, we see an opportunity to leverage our
excellent exploration team into the Bagamoyo graphite project whilst
the Ulanzi drill-out is completed.
“In addition to being ideally located close to port, rail, power and
water, we are particularly excited by the mineralisation observed at
the project, which includes the coarsest flake graphite the company
has observed in Tanzania. Given the exciting nature of the mineralisa
tion and favourable location, the company has taken the opportunity
to secure an extensive tenure position in the region.”
The project is located in the Bagamoyo district of Tanzania, approx
imately 125 km north-west of Dar es Salaam and covers a total area of
1 116 km
2
. The region is an established supplier of aggregates, sand
and building materials into Dar es Salaam and provides significant
logistical advantages including access to excellent transport infra
structure, power and water supply.
Initial exploration completed by Black Rock has identified a sig
nificant coarse flake graphite zone covering an area of approximately
1 km x 200 m of outcrop and extensive float rock. The graphitic min
eralisation is flat lying to shallow dipping on relatively flat ground and
has an observed thickness of approximately 30 m.
Preliminary analysis indicates exceptionally coarse flake graphite
mineralisation, with typical graphite flake size of 2-7 mm and many
occurrences >10 mm. The indicative graphite grade observed is 7 %
TGC which, whilst lower than Mahenge, has the potential to result in a
premium product given the very coarse flake. Outcrop samples have
been dispatched to Australia for flake characterisation.
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