Triton managing director Brad Boyle said the two diamond holes drilled have confirmed cumulative thickness of graphite in excess of 150m on the Nicanda Hill prospect and the full thickness of zone remains unknown.
"In the limited time available for the exploration program, two trenches were also constructed on the Nicanda Hill prospect approximately 0.3km and 1.35km northeast of the two recently drilled diamond holes," Boyle added.
"These trenches sought to provide further geological information and sample material that will determine the graphite grades of the schist that outcrops in the topographic ridge of the Nicanda Hill prospect," Boyle continued.
The company also completed preliminary rock chip sampling on recently identified Black Hills and Charmers prospects, located parallel to the Cobra Plains and Nicanda Hill prospects.
"These exploration and drill results continue to support Triton’s interpretation and belief that the Balama North project has the potential to host multiple world class high grade large flake graphite deposits."
