Sarytogan Graphite Limited (ASX: SGA) has announced significant results from the second of three diamond drill holes at the Ilksan prospect, part of the Baynazar copper exploration project located in central Kazakhstan. The results from drill hole DDH-IL26001A indicate a substantial copper porphyry mineralisation, with the hole returning an impressive 318 metres at a grade of 0.14% copper (Cu) and 0.027 parts per million (ppm) gold (Au) from the surface to the end of the hole. Notably, the drill hole included several high-grade intervals, such as 18.9 metres at 0.29% Cu and 0.093 ppm Au from 5.0 metres, and 15.2 metres at 0.40% Cu, 0.082 ppm Au, and 1.8 ppm silver (Ag) from 163.4 metres.
These results build on the findings from the first diamond drill hole, DDH-IL26002, which reported 229 metres at 0.14% Cu and 0.027 ppm Au, further extending the known mineralisation at the site. The earlier hole also highlighted notable intersections, including 11.6 metres at 0.26% Cu and 407 ppm molybdenum (Mo) from 33.8 metres, and 16.2 metres at 0.36% Cu, 0.12 ppm Au, and 1.4 ppm Ag from 159.7 metres.
Sarytogan Graphite is eagerly awaiting the results from the third diamond drill hole, which is expected to be released in the coming weeks. The ongoing exploration at the Baynazar project is part of the company’s strategy to enhance its copper portfolio and leverage the growing demand for copper in various industries, particularly in renewable energy and electric vehicle production. As the exploration progresses, Sarytogan Graphite aims to solidify its position in the copper market, contributing to the broader mining landscape in Kazakhstan, a country rich in mineral resources and potential.
With the results from the Ilksan prospect, Sarytogan Graphite is poised to attract further interest from investors and stakeholders in the mining sector, as the company continues to explore and develop its projects in this mineral-rich region.
