Oar Graphite Project
Eyre Peninsula, SA

The Oar Graphite Project is situated on the Eyre Peninsula, South Australia and forms part of OAR’s ground holding in the region which comprises six contiguous exploration licences over approximately 1,459km2 of the Gawler Craton. It sits in proximity to multiple other graphite projects helped by notable exploration and development companies in the region.

 

The Project has a current JORC resource of 6.22Mt @ 4.8% Total Graphite Content (TGC), and a preliminary Scoping Study has been completed.

 

While initial exploration and test work was focused solely on large flake graphite, for which the resource has been calculated, the recent growth in demand for battery grade, ultra-fine flake graphite has led the Company to retest core samples. Based on its findings, OAR is now pursuing an additional drill campaign with a view to extending the resource and developing what could be a low-cost, shallow open pit mining operation.

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The Company is actively seeking opportunities to develop the project in line with its ongoing strategy to build and develop a portfolio of assets focused on battery and other critical minerals.

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Figure 1: Oar Graphite Project Location Map

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