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Rääpysjärvi Assay Results
Rääpysjärvi Assay Results.
About this update from Beowulf Mining Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n The information contained within this announcement is deemed to constitute inside information as stipulated under the Market Abuse Regulation (\"MAR\") (EU) No. 596/2014, as incorporated into UK law by the European Union (Withdrawal) Act 2018. Upon the publication of this announcement, this inside information is now considered to be in the public domain.\n \n \n 22 December 2022\n \n \n Beowulf Mining plc\n \n \n (\"Beowulf\" or the \"Company\")\n \n \n \n Räpysjärvi Assay Results confirm High-Grade Graphite Mineralisation\n \n \n \n \n \n \n Beowulf (AIM: BEM; Spotlight: BEO), is pleased to provide an update on the progress being made by the Company's wholly owned Finnish subsidiary Grafintec Oy (\"Grafintec\") and the results and assays of a trenching programme for Grafintec's wholly owned Räpysjärvi natural flake graphite prospect.\n \n \n Samples were taken from four trenches in different locations within identified electromagnetic (\"EM\") conductive Zone 1 and assays confirm the existence of significant flake graphite mineralisation, grade and intersected width.\n \n \n The Räpysjärvi exploration permit is located in the municipality of Tuusniemi in Eastern Finland and only eight kilometres north-northwest of Grafintec's wholly owned Aitolampi graphite project. Grafintec's exploration programme is targeted at securing long-term sustainably produced primary raw material supply to support a Finnish graphite anode value chain.\n \n \n \n Assay Highlights:\n \n \n \n ·\n Flake graphite mineralisation discovered in all four trenches sampled, including:\n \n \n ·\n RAA-TR1-22: 10.6 metres (\"m\") at 4.33 per cent Total Graphitic Carbon\n (\"TGC\")\n and 3.8m at 5.77 per cent TGC\n ;\n \n \n ·\n RAA-TR2-22: 9.96 per cent TGC from grab sample;\n \n \n ·\n RAA-TR3-22: 5.8m at 7.25 per cent TGC and 7.1 m at 7.43 per cent TGC; and\n \n \n ·\n RAA-TR4-22: 1.0m at 26.00 per cent TGC.\n \n \n ·\n Räpysjärvi EM conductive area cover 1.1 square kilometres, including 13 highly conductive EM zones which adds to the potential for a new major flake graphite discovery.\n \n \n \n Kurt Budge, Chief Executive Officer of Beowulf, commented:\n \n \n \n \n \n \n \n \n \n \"To have a high-grade intersection with 26 per cent\n \n \n Total Graphitic Carbon is t...