Carried out by Gecko Laboratories, the program screened and unscreened graphite bearing rock accumulated from the company’s 140,000 ton on-site heaps.
Next Graphite said: "95% of samples tested to date range from 32% to 69% graphite content with the highest sample recorded at 82% graphite."
The company tested a sample from its 350 ton fines stockpile, which graded 35% graphite content.
Next Graphite CEO Cliff Bream said: "Our testing phase and preliminary results from Gecko Laboratories is a significant validation and milestone at our Aukum site.
"We will continue our testing and begin more detailed, flotation testing on our samples and then report these new findings to our shareholders.
"With these preliminary results in hand, we will continue our testing at SGS Labs in Canada to also evaluate the processing equipment and mining options needed to commercialize our on-site graphite, at the highest price we can obtain from the market."
Aukam project is believed to host significant amounts of high grade, vein type graphitic material.
