Kendenup Graphite Project
The Kendenup Graphite Project has a combined area of 150km² with bedrock geology interpreted to be gneiss, granitoids and remnants of Archean mafic rocks. The majority of the area is covered by laterite soils. The Project comprises mostly freehold farmland to the west of the township of Kendenup in the southwest of Western Australia. It is well serviced by infrastructure being approximately 12km north of the regional centre of Mt Barker and 62km north of the Port of Albany.
Castle Minerals Limited has entered into a Tenement Sale Agreement and also applied for an adjacent exploration licence covering the historical Kendenup graphite mine and the nearby Martigallup graphite occurrences.
A 1913 report by the Inspector of Mines stated that the Kendenup mine workings on the to be purchased, 16-block granted licence (EL70/5514) comprised a 15m-deep vertical shaft and some 20m of level development onto an east-west striking array of veins, lenses and seams of graphitic material. It is not known to what extent these workings were subsequently extended. Aside from reconnaissance regional programs for gold and base metals, little modern exploration appears to have been completed on the Kendenup licence area.
Castle intends to undertake a staged, multi-phase exploration program that will commence with the reprocessing and reinterpretation of available geophysical datasets and the relogging and assaying of historical diamond drill hole core for graphite, if the core can be located. Once access agreements are negotiated, the Company will extend VTEM coverage over the project and drill test anomalies as warranted.