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Molo Data

Related News

  • Energizer starts FEED study on Molo project as Dundee becomes largest stakeholder 2016-08-22
    There is progress at Energizer Resources’ Molo project after the company announced last week that a Dundee affiliate had become the largest shareholder at just under 20%, enabling Energizer to initiate a front end engineering design (FEED) study. Goodman & Company, Investment Counsel, one of Energizer’s largest institutional shareholders on Thursday further increased their holdings in the company through investing C$6-million of the total C$6.72-million in proceeds Energizer raised in a non-brokered private placement financing.

Nearby Locations

Nearby Location News

  • ASX: Scoping Study 2016-01-19

Molo News

  • Energizer starts FEED study on Molo project as Dundee becomes largest stakeholder 2016-08-22
    There is progress at Energizer Resources’ Molo project after the company announced last week that a Dundee affiliate had become the largest shareholder at just under 20%, enabling Energizer to initiate a front end engineering design (FEED) study. Goodman & Company, Investment Counsel, one of Energizer’s largest institutional shareholders on Thursday further increased their holdings in the company through investing C$6-million of the total C$6.72-million in proceeds Energizer raised in a non-brokered private placement financing.
  • ASX: Operations Update 2015-05-26

Molo Information

  • Geology 2016-03-15
    Geologically, Molo is situated in the Bekikiy block (Tolagnaro-Ampanihy high grademetamorphic province) of southern Madagascar. The Molo deposit is underlainpredominantly by moderately to highly metamorphosed and sheared graphitic(biotite, chlorite and garnet-rich) quartzo-feldspathic schists and gneisses, whichare variably mineralized. Near surface rocks are oxidized, and saprolitic to a depth,usually of less than 5 metres (m). Overburden is very minimal and is characterized as a thin grass cover that is a little as a couple of centimetres thick before exposing the graphite.
  • Production 2015-05-29
    The Company is targeting a production start-up in 2015, with an output capacity of between 50,000 and 150,000 tonnes per annum (tpa). Energizers technical partner DRA is designing the mine with three 50,000-tonne modules, where by the Molo will begin initially at 50 tpa, but can expand quickly to produce additional graphite as the market requires.
  • Equipment and Infrastructure 2015-05-29
    Confirmed by the Panalpina Group, one of the world's leading intercontinental air and ocean freight supply chain and logistics companies, the current in-place infrastructure for transportation water and power at Molo will allow for immediate production. The project will utilize a serviceable road from site to port, 160km away, as well as existing water sources proximal to the Project. The nearby Sakoa Coal Field (35km away) will upgrade the now serviceable infrastructure to world-class status.
  • Exploration 2015-05-29
    The Company completed its resource drill program consisting of: 47 holes, totalling 9,246 metres and 19 trenches, totalling over 2,100 metres. The Molo has a potential deposit size between 80-120 million tonnes*, at a grade range between 5 and 8% carbon (C). The Company anticipates the Molo will be the world's largest known single source deposit of high-grade graphite. Molos size and scalability will be a barrier to entry for other producers.
  • Structure 2015-05-29
    The Molo deposit exists within a folded sequence over a 2 km strike length. In the north, it is between 50 to 60 metres wide then flares to over 500 metres in width. From this point, the Molo deposit tapers down to a width of approximately 250 to 350 metres. Finally, the deposit splits into two arms of between 50 and 100 metre widths, respectively, which continue for tens of kilometres in length in either direction. A satellite image of the Molo deposit footprint shows the portion that Energizer has resource drilled to date.
  • General 2015-05-10
    The Molo deposit is located in the Green Giant Graphite project in southern Madagascar, and is part of the joint venture (JV) property with Malagasy Minerals Limited in Madagascar. Energizer has a 75% ownership interest and is the operator of the Project.

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