Some initial laboratory results on these drill samples could be back by the end of September 2013.
The latest discovery extends the potential strike length of good graphitic mineralisation by a further 50%, up to 3 kilometres on the Cobra Plains prospect.
The total graphitic mineralization zone strike could now be up to 10 kilometres.
Brad Boyle, managing director, commented: "Once again the Cobra Plains Prospect continues to deliver significant visual findings of graphite mineralisation during this drilling program.
"The intersection of 109 continuous metres of graphite mineralisation in this preliminary stage of the exploration program is a very positive outcome and continues to rapidly expand the potential of this project."
Triton has now completed the first phase of the drilling program, with drill samples sent to South Africa for analysis.
All four of the drill sections in the drilling program have now produced positive findings with substantial graphite mineralisation now identified at all locations.
Proximity of results
The latest results on Drill Section 1 are located around 3 kilometres north east from the previously reported intersection in Drill Section 4.
These results give Triton further confidence in the prospectivity of the Balama North Project and increasing potential to delineate high grade graphitic mineralisation, while also providing a greater understanding of the overall graphitic mineralisation zone at the project.
These are encouraging early results, and while lab results are still pending there are milestones ahead with a phase two drilling program.
This program will include infill drill lines to further test the continuity of the graphite mineralisation, and additional drill lines to the southeast of the 3 kilometre long zone tested to date.
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