Kimoingan Project

Walkabout’s wholly-owned PL11119/2017, otherwise known as ‘Kimoingan’, is located in the Merelani ward of the Manyara Region in north-eastern Tanzania. The area is well known for its high-quality, large flake graphite occurrences with some commercial graphite production from within this area since the mid 1990’s.

During the 1990’s, exploration for graphite was conducted in the area through geological mapping and trench sampling. These results confirmed the presence of flaked size graphite content in the graphite bearing lithologies similar to those of the Merelani area.

Detailed historical geological mapping and sampling by Walkabout geologists has highlighted the high-grade and large flake nature of the graphitic units with grades up to 27.0% TGC assayed from rock samples. Mapping indicated that the outcropping graphitic lithologies can be traced for up to two kilometres along strike, with most of the tenement covered by soils and or calcrete.

The Exploration Target over the Kimoingan Project is 22 – 72 million tonnes at 8-12% TGC. The Exploration Target is based on geological and structural mapping, rock chip sampling, 3D modelling of conceptual mineralisation shells, historical reports and publicly available reports of Mineral Resources in the proximity of the Exploration Target.

Target testing will occur through further mapping and sampling, possible geophysical surveys and if warranted, drill testing. The timing of these programs are dependent on the availability of funds, commodity market conditions and current travel restrictions.

Activity at the Kimoingan project is part of Walkabout’s ongoing assessment of in-country growth opportunities in Tanzania.