AMN - TANZANIA: Lindi Jumbo metallurgical testwork released

Walkabout Resources has released its metallurgical results from ongoing highly innovative test-work conducted on representative samples from the 70% held Lindi Jumbo graphite project in southeast Tanzania.

Managing director Allan Mulligan says: “The combination of very high grade ore and the recovery of an exceptional ratio of super jumbo and jumbo flake sizes, positions the Lindi Jumbo project to benefit from superior product revenues while producing concentrate at industry-low working costs.”

“The Lindi Jumbo graphite concentrate will potentially translate into the highest operating margins in the East African industry and insulate the project against expected oversupply price challenges.”

Highlights:

-          Up to 25.7% of the graphite concentrate produced from a representative test material is classified as super jumbo (+500μm) at a grade of 95.6% TGC

-          Up to 85.8% of the graphite in concentrate is greater than large (+180μm) flake size categories

-          Lindi Jumbo distribution of super jumbo and jumbo flakes in high purity graphite concentrate is significantly higher than any other project in East Africa

-          Concentrate grades of up to 97% TGC are routinely achieved without the addition of chemicals

-          These results place Lindi Jumbo in potential highest class of revenue per tonne of saleable concentrate

-          Results have been verified though the repetition of test-work on different samples

-          High purity saleable product whilst preserving exceptional flake size ratios have been achieved through a simple but innovative attrition process.

Walkabout is fast-tracking the project development at Lindi Jumbo to start a surface mining and processing operation at the site. Further resource drilling will take place during July 2016 which will enable the early application for a Mining Licence. It currently has a 70% interest over four contiguous exploration licences in the area for a total exploration area of some 325 sqkm.

www.wkt.com.au

News courtesy of International Mining