The company said that the drill campaign has doubled the strike length of graphite mineralization to over one kilometer.

At the Epanko deposit, a total of 37 holes for 2,215m were completed and all drill holes intersected graphite mineralization in the Western Zone.

Mineralization widths for the Eastern and Western zones compare similarly to previous drilling programs with graphite mineralization remaining open in all directions.

Kibaran said that the SGS Laboratory will analyze the drill samples and first assay results are expected this week.

Mineral resource estimation work is currently ongoing and is expected to be completed in mid-July.

Epanko currently hosts an inferred mineral resource estimate of 14.9M ton, grading 10.5% TGC, for 1.56M ton of contained graphite, in accordance with the JORC code.