Southern Geoscience Consultants are pleased to report very encouraging drilling results at the Graphite Bill Project – Buxton Resources Limited (ASX:BUX), Gascoyne region. Scout RC drill program to test MLTEM targets completed recently, and all five holes intersected graphite mineralisation.
The recent drill program has confirmed that multiple, substantial zones of graphite mineralisation extend for at least the 1880m of strike length now drill-tested by Buxton, and to depths beyond 200 metres from surface. These results have de-risked the EM modelling, and greatly assist planning of future drill programs. Within this >1880m strike extent, Buxton’s 2014 Inferred Resource of 4 Mt @ 16.2 % Total Graphitic Carbon (TGC) occupies a strike length of only 460m.
SGC Consultant Geophysicist Russell Mortimer is managing the current geophysical targeting efforts/ongoing works.
Resource, along with the recently completed exploration RC drilling.