Valterra Resource Corporation (TSXV:VQA,FWB:3VA) expanded the High Grade Graphite Discovery Zone at its Bobcaygeon Graphite Property in Ontario. Ground EM-MAG-IP geophysical surveys have been completed on 60% of the 11 line-kilometre grid. The preliminary IP chargeability within the Discovery Zone area has outlined an open-ended, near surface anomaly covering 480m x 350m. Other zones of potential interest have also been detected. The discovery trench also reported assay results from from 7.76% C(g) to 36.8% C(g) over 1.5m.
As quoted in the press release:
The discovery trench opened in December identified a 20m lateral exposure of high grade graphite with trenching bottoming in graphite suggesting a minimum thickness of this lens at 1.5m. The trenching yielded highlighted assay results from 7.76% C(g) to 36.8% C(g).