EcoGraf Limited (ASX: EGR; FSE: FMK; OTCQB: ECGFF) is pleased to announce the completion of the final layout design for the 73,000tpa graphite processing plant by METC Engineering and Construction (METC), a South African based engineering firm.
The project was managed by METC-PaulSam JV their Tanzanian based partner. The following link below provides a 3D fly-over overview of the proposed processing plant.
The 3D fly-over provides a detailed overview of the processing plant, which has been designed to the highest engineering standards to meet bank independent due diligence and customised to deliver the project's very favourable characteristics, which includes high processing recoveries and high concentrate grades. The final plant design follows the recent due diligence site visits undertaken last quarter by KfW IPEX-Bank, Euler Hermes and technical, environmental and social consultants. The Company is also pleased to advise the engineering geotechnical drilling program activities have commenced at Epanko, Tanzania. This program will finalise the geotechnical parameters for the proposed Epanko Graphite Processing Plant, Tailings Storage Facility (TSF), Water Storage Facility (WSF) and will ensure that the final TSF design meets the engineering standards outlined in the Global Industry Standard on Tailings Management (GISTM).
Contact:
Andrew Spinks
Managing Director
Tel: +61 8 6424 9002
Competent Person Statement
The information in this report that relates to Mineral Resources is based on, and fairly reflects, information compiled by Mr. David Williams and Mr. David Drabble. Mr. David Williams is a full-time employee of ERM and is a Member of the Australian Institute of Geoscientists (4176)(RPGeo). Mr. David Drabble is a full-time employee of EcoGraf Ltd and is a Member of the Australasian Institute of Mining and Metallurgy (307348). Mr David Williams and Mr David Drabble have sufficient experience relevant to the style of mineralisation and type of deposit under consideration and to the activity which they are undertaking to qualify as Competent Persons as defined in the 2012 Edition of the Australasian Code for the Reporting of Exploration Results, Mineral Resources and Ore Reserves (JORC Code). The Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcement on 11 March 2024 and all material assumptions and technical parameters underpinning the estimates continue to apply and have not materially changed. The Mineral Resource is comprised of 32.3Mt Measured; 55.7Mt Indicated and 202.8Mt Inferred resources. The information in this report that relates to the Ore Reserve has been compiled by Mr Steve O'Grady. Mr O'Grady, who is a Member of the Australasian Institute of Mining and Metallurgy (201545), is a fulltime employee of Intermine Engineering and produced the Mining Reserve estimate based on data and geological information supplied by Mr Williams. Mr O'Grady has sufficient experience that is relevant to the estimation, assessment, evaluation and economic extraction of Ore Reserve that he is undertaking to qualify as a Competent Person as defined in the 2012 edition of the Australasian Code for Reporting of Exploration Results, Minerals Resources and Ore Reserves. The Company confirms that it is not aware of any new information or data that materially affects the information included in the relevant market announcement on 25 July 2024, and all material assumptions and technical parameters underpinning the estimates, including production targets and forecast financial information derived from the production targets in the relevant market announcement continue to apply and have not materially changed. The Ore Reserve is comprised of 11.7Mt Proven and 2.6Mt Probable reserves.
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