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Triton Minerals Substantial Shareholder Increases Stake

Triton Minerals (ASX: TON) substantial shareholder Alan Gordon Jenks has increased his stake in the company to 15.58% from 14.11% through on market purchases.

Jenks had acquired 2.4 million shares between 16 May 2013 to 20 May 2013, increasing his shareholding to 25,456,995. The purchase price was not disclosed.

In April, Triton discovered extensive graphite outcropping from a current exploration program at the Balama North Project in Mozambique.

Extensive graphitic outcropping was found over a strike length of 3,750 metres (3.75km) located within the company's Target 1 area.

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