Located about 35 miles (60 kilometers) north of the legendary gold mining town of Nome, Graphite Creek now hosts 37.6 million metric tons of measured and indicated resources averaging 5.15% (1.9 million metric tons) graphite. This marks a 15.5% increase in measured and indicated resource tonnage and a 13.1% more contained graphite.
This growth primarily comes from upgrading inferred resources to the higher confidence measured and indicated categories.
This leaves 243.7 million metric tons of inferred resource averaging 5.14% (12.3 million metric tons) graphite still available for upgrade.
And the inferred resource does not include results from 22GC079, a hole that cut 58 meters averaging 4.18% graphite about 2,100 meters southwest of the nearest hole drilled at Graphite Creek.