Development, Mining and further discovery of High-Grade Vein Graphite Projects in Sri Lanka
Margosa Graphite Limited (“Margosa”) was a first mover in Sri Lanka, and in 2012 was able to secure a large landholding across areas with favourable geology and extensive historical workings.
Applying modern geophysical exploration techniques recently led to the initial discovery of the high-grade Ridee Ganga Vein Graphite deposit in the Pathakada Exploration Licence and the delineation of numerous Tier 1 targets within the company’s exploration licences. An exploration plan has been developed to systematically test and quantify the Tier 1 targets.
Margosa is on track to become the world’s leading supplier of this rare and highly sought after high grade crystalline vein graphite.
Margosa is on track to become the world’s leading supplier of this rare and highly sought after high grade crystalline vein graphite.