Applied Graphite Technologies CEO Don Baxter joined Steve Darling from Proactive to announce results from an ongoing geophysical survey at the Queens Mine Complex in Sri Lanka. The initial survey, conducted along a 300-meter line, revealed three significant chargeability anomalies, suggesting potential graphite mineralization.
The first anomaly, located between the 165-185 meter section, showed a chargeability of approximately 400 mV/V. The second significant anomaly was identified between the 12-30 meter sections with a chargeability of about 350 mV/V. The third anomaly, located between 100-125 meters, extends beyond the current detection limit of 60 meters.
Baxter explained that the survey line was run slightly off perpendicular to the known orientation of graphite veins, indicating that these anomalies may represent distinct graphite mineralized zones or swarms of veins, similar to the nearby Kahatagaha graphite mine, which is actively mining 32 vein systems at depths of up to 600 meters.
To further delineate these anomalies, the geophysical survey will be extended to the NNE, with electrode spacing adjusted to reach depths of 300 meters or more.
The results will also be plotted in 3D to better understand the location and orientation of the vertical graphite veins. Given graphite's high conductivity, these modern geophysical techniques are proving invaluable in mapping vein systems at depth, potentially uncovering new resources at the Queens Mine Complex.
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