The company said that majority of the drill holes encountered graphite mineralization from surface to the end of hole and remains open at depth and in all directions.
Work on upgrading the JORC inferred mineral resource to an indicated/measured category is ongoing in parallel to resource estimation work.
The latest standout RC drill results include 43m at 8.6% Total Graphitic Carbon (TGC) from 3m (MHRC040), 17m at 9.1% TGC from 4m (MHRC042), 39m at 11.3% TGC from 2m (MHRC048), – 40m at 9.2% TGC from 8m (MHRC050), 22m at 13.4% TGC from 14m (MHRC052).
Kibaran expects the final batch of RC drill results in a few days.
Kibaran executive director Andrew Spinks said: "These results are significant for a number of reasons."
"They not only surpass all previous results at Epanko in quality terms but surpass many of the results being reported from other graphite projects globally. In addition, the mineralisation remains open so there is still value yet to be unlocked."
