Proactive Investor's  Instablog

Investigator Resources (ASX: IVR) non-executive directors David Jones and Bruce Foy have increased their respective shareholdings recently with further on-market share acquisitions, demonstrating their confidence in the company.

Jones bought an additional 115,000 shares for a total consideration of $A22,505, providing an average entry price of $0.195 per share.

Foy bumped up his holding by a further 120,000 shares for a total consideration of $23,051, or an average entry price of $0.192 per share.

Jones now holds a combined direct and indirect interest of 425,206 shares, while Foy now holds an indirect interest of 1.9 million shares.

Investigator Resources continues to deliver stellar high grade silver results from its Paris silver prospect on South Australia's Eyre Peninsula, where the company is anticipating an initial resource in December 2012.

Recent assay highlights include 7 metres at 1,810g/t silver from 31 metres, 10 metres at 432g/t silver from 49 metres and 19 metres at 965g/t silver from 42 metres.

On top of that Investigator is adding graphite to the exploration mix after a preliminary review of the graphite potential within Investigator's regional tenements has identified several areas with good potential where graphitic schists were intersected in past drilling.

Widespread hits have been recorded in historic drill data, including a substantial shallow intersection of 15 metres at 12% total graphitic carbon at the Barna Hill tenement.

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