90 graphite jobs on Eyre Peninsula

Posted: 16th Jul

The South Australian graphite industry continues to show promise, with more jobs on offer from Lincoln Minerals.

According to managing director John Parker, 60 workers will be required for the construction phase at Koppio, with 30 required for production.

Parker said that local contractors would be given priority for roles that include earthmoving and road upgrades, plumbing, electrical, transport, and environmental rehabilitation.

The Kookaburra deposit at Koppio has returned an assay of 42.8 per cent Total Graphitic Carbon (TGC) at a depth of 53 metres.

The strike length runs up to 525 metres to a depth of at least 100 metres below surface at historic workings, however the aggregate true thickness is about 14-15 metres thinning to 6-7 metres.

Kookaburra Gulley has a combined inferred and indicated resource of 2.2 million tonnes at 15.1 TGC, with flake graphite at grades of 93 per cent.

The mine life is estimated to be more than seven years.

Lincoln is currently trading at six cents per share.

16 July, 2014 - Ben Hagemann - Australian Mining