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Walkabout reports maiden reserve at Lindi

Graphite developer Walkabout Resources has reported a proven and probable maiden ore reserve of five-million tonnes, grading 16.13% total graphitic carbon, for 809 081 t of graphite concentrate at its Lindi jumbo graphite project, in Tanzania.

“This reserve delivers the highest mill feed grade of all of the Tanzania graphite projects and provides the Lindi jumbo project with a huge technical and financial advantage over the other start-up graphite projects,” said Walkabout executive director Allan Mulligan.