Green Giant Graphite| Green Giant Graphite |
The 100% owned Green Giant Project, located in Madagascar, is one of the largest vanadium deposits in the world. Currently Energizer is targeting production by the end of 2014. With the recent discovery of flake graphite on the property, however, the Green Giant now offers two strategic minerals from one source. Primary Product: Flake Graphite Property Location: South Central Madagascar, 145 km SE of the city of Toliara, Tulear Region (Figure 1). Land Position: 36 licences, 225 km² (Figure 2). Current Status:
Exploration to DatePhase 1 The identification of graphite as a potential credit to the Company's NI 43-101 compliant vanadium resource led Company geologists to conduct a reconnaissance exploration program on the Property in September, with the goal of delineating new graphitic trends, and comparing them to those associated with the vanadium mineralization. The work performed included:
5 Graphite Zones Identified to date on Green Giant Property During the course of the Phase I program, surficial graphitic trends were identified on the Green Giant Property. These graphite trends were visually determined to be of both higher carbon content, and larger flake size than those associated with the NI 43-101 compliant vanadium resource mineralization. Based on these field observations, the Company initiated an exploration program which included 10 diamond drill holes (totalling 1157.5 metres), 16 trenches (totalling 1912 metres), and 132 grab samples collected over two newly identified prospective graphitic units, named the Fondrana and Fotsy zones, bringing the total number of Graphite Zones on the Property to 5 (see Figure 4). Phase 2 Based on the promising results of the Phase I program, the Company launched the Phase II exploration program in November, 2011. The objective of the program was to enhance exploration efforts on the Green Giant property through further drill testing of graphitic trends on the Green Giant Property and to apply geophysical techniques to delineate graphite mineralization. Multiple Graphitic Horizons Identified Within Each Zone With EM31 Field observations indicated that each graphitic zone identified, was comprised of multiple ‘stacked’ graphitic horizons. This observation was validated by surveying a number of the zones on both the Green Giant Property and the Malagasy JV Property in detail with an EM31 ground conductivity instrument. In total, 160.5 line kilometres of EM31 surveying was completed over 5 target areas, 2 of which (the Fondrana and Fotsy) are part of Green Giant (see Figure 5). The EM31 geophysical tool was invaluable in delineating the extents of the graphitic zones, as well as their continuity. The EM31 has the capability to also identify multiple graphitic horizons within each zone. As an example, the Fotsy zone has a delineated strike length of 6 kilometres, but the EM31 identified at least 4 separate graphite horizons within the zone, for an aggregate strike length of 24 kilometres. The table below summarizes the graphite strike length analysis as determined by EM31 testing over 5 zones: Project Description:
Analytical Results – 2011 Programs Trenches (16 over 1912m): Results Pending Grab Samples (81): Of the 25% of assay results received, as much as 21.3% Carbon has been realized. The balance of the results are pending. DDHs (19): Partial results are summarized in the table below. The balance of the results are pending. Of the samples received, diamond drill core assays as high as 21.0% carbon have been received, with the most significant intersection being 7.46% carbon over 61.4 metres down-hole length. A summary table of the significant drill hole intercepts is provided below. For a complete assay list, please click here.
Next Steps After all graphite analyses are received, Company geoscientists will determine which of the 17 graphitic zones identified on the Green Giant and JV properties warrant further drilling in the spring of 2012, with the intention of delineating a NI 43-101 compliant indicated graphite resource by Q3. In order to facilitate an accelerated exploration timeline, the Company has submitted samples to multiple laboratories for metallurgical analysis, and will endeavour to expedite the metallurgical process throughout its exploration programs. Recent News |
