International Graphite Graphite Hits Mineralization at Western Australia Project; Shares Rise 6%

MT Newswires Live

2024/09/18

International Graphite (ASX:IG6) hit graphite from a four-hole drill program conducted at the Mason Bay deposit within the Springdale graphite project in Western Australia, according to a Wednesday filing with the Australian bourse.

The program yielded up to 11 meters at 14.3% total graphitic carbon from 10.4 meters, including 3.1 meters at 26.5% total graphitic carbon from 16 meters, the miner said in the filing.

Shares of International Graphite rose past 6% in recent Wednesday trade.

Price (AUD): $0.07, Change: $+0.0040, Percent Change: +6.06%

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