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  • MRL Corporation Starts Coring First Sri Lanka Graphite Drill Hole 0 comments
    Jun 12, 2014 7:52 PM

    MRL Corporation (ASX:MRF) has starting coring activities at the first drill hole of its Pandeniya graphite project in Sri Lanka.

    MRL holds 6,300 hectares of Exploration Licenses that could potentially produce 5,000tpa of vein graphite and has applied for further exploration areas surrounding its granted licenses.

    Training on the core orientation tools is complete and the tools are in operation.

    Down hole survey equipment will arrive in Sri Lanka on 16 June and MRL crew training will be undertaken.

    This will be used to measure the downhole Azimuth and Dip of DH1 and subsequent holes.

    Repairs have been completed to the drainage and access road which had incurred damage from heavy rain and the DH2 pad will be constructed in coming days.

    Drill hole DH1 is expected to be between 50 metres to 125 metres in depth.

    Drill holes DH2 and DH3 will be up to 300 metres deep and are designed to test the continuity of vein graphite mineralisation below the historical shafts and adits.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

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