Quarterly Activities Report
Perth, Oct 30, 2015 AEST (ABN Newswire) - The quarter ending 30 September 2015 was another productive quarter for Triton Minerals Limited (
ASX:TON) (Triton or Company). A considerable amount of material activity was reported both at a corporate level and across Triton's operations, including:
- Triton Mozambique Graphite (TMG) suitable to produce graphene, battery grade spherical graphite and a range of enhanced graphite products;
- Jumbo flake graphite located at Nicanda Hill (P66 zone); and
- Substantial Graphitic Mineralisation confirmed at Ancuabe (T12).
These highlights, together with other material activity announced during the quarter, are discussed in more detail below, with a link to the full report.
PROJECTS OVERVIEW
Graphite Operations - Mozambique
Balama North project
- Rubicon Resources (ASX:RBR) engaged to provide key support services in Mozambique through RBR's Mozambique subsidiary, PacMoz Lda.
- Feasibility Study activities & drilling underway, environmental and social impact assessment progressing well.
- Jumbo flake graphite located at Nicanda Hill (P66 zone).
- TMG suitable to produce graphene and battery grade spherical graphite.
- DUAT application and early works program progressing.
- Metallurgical test work program is well advanced.
- Triton Mozambique Development strategy outlined.
- Triton rapidly advancing Nicanda Hill towards production.
- Triton seeking to become a market leader in low-cost-production, high grade graphite.
Ancuabe project
- Coastal and Environmental Services complete dry season review for Environmental Impact Study at Ancuabe project.
- Drill rig mobilised to site for initial drill program.
- Substantial graphitic mineralisation confirmed (T12 Mineralisation).
- Environment Impact Assessment (EIA) continues on schedule.
- DUAT applications on schedule.
- Initial feasibility study commenced.
- Early works commenced with 15km all weather access road to sealed highway completed to T12 site.
Balama South project
- Reconnaissance geological mapping & sampling program completed.
- Metallurgical and mineralogical analysis underway.
Joint Venture Operations
China
- China JV factory site visit completed.
- TMG product testing underway.
Mozambique
- Mozambique JV factory site location soon to be finalised.
Australia
- Fraser Range North project surrendered.
CORPORATE OVERVIEW
- Paula Ferreira appointed Non-Executive Director.
- Change of registered address and principal place of business.
- General Meeting held 22 October 2015.
To view the full report, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-TON-740569.pdf
About Triton Minerals Ltd
Triton Minerals Limited (ASX:TON) is an ASX listed, responsible mineral explorer and resource management company headquartered in Perth, Australia.
Led by a highly experienced management team, Triton Minerals' vision is to grow shareholder's value through discovery or development of base metal, gold and other precious metal deposits.
Triton has made excellent progress with its three Graphite projects located in the Cabo Delgado Province in Mozambique, with the program successfully identifying a number of graphitic exposures.
It is the Company's belief that the Mozambique, Balama North Project could host multiple and very substantial world class graphite deposits.
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