Sarytogan Graphite (ASX:SGA) said that the first of two drilling rigs commenced the reserve definition drilling program at its Sarytogan graphite project in Kazakhstan, according to a Monday Australian bourse filing.
The program will run for three to four months, and will consist of 37 holes, each 50 meters deep, for a total of 1,850 meters, the filing said.
It added that early works for the definitive feasibility study continue to progress, including power and transport studies, variability metallurgical studies, and the preparation of customer samples.
Meanwhile, other work packages, including the capital and operating cost estimation for the process plant, tailings, and mining studies, are at an advanced stage of tendering.
Its shares rose 3% on market close.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。