Project overview
About this development
DNI Metals is beginning the development of its Madagascar graphite project 50 km south of Toamasina, Madagascar. The project lies in a well defined graphite belt where the mineral has been produced for over 50 years. DNI acquired the property in June 2015. There are three known graphite zones running through its claims, but it will focus on the main zone, known as Vohitsara. "Vohitsara" means "good mountain" in the local language. The zone extends more than 1.5 km in a north-south direction. Grab samples from the Madagascar project have returned head grades of 9.85%, 10.0% and 35.5% Cg. The material has a jumbo and large flake distribution of more than 62.5%. Graphite in those categories contain 91.3% to 97.9% Cg. The exact co-ordinates are currently not available however the approximate area of location is lat: -17.40729; long: 48.49745899999999
Project at a glance
Vohitsara Graphite Project, Madagascar is located in Madagascar. The project is classified in the Private sector. Its current recorded stage is L2B Shelved. The recorded project value is R 200 Million+.