Tyranna Resources {ASX: TYX}

Tyranna’s partner in the Wilcherry project, Alliance Resources {ASX: AGS}, have announced they may have discovered one of Australia’s largest graphite deposits.

Tyranna own 25%, Alliance 75% of the project.

.

Tyranna Resources MD Bruno Seneque presents to the City Investors Circle London.

.

Alliance Resources and Tyranna Resources reckon they  could have their foot on one of the biggest graphite deposits in Australia..

.

Tyranna’s partners,  Alliance (ASX:AGS) now estimates it has a target of 24.5 million to 59 million tonnes of graphite grading between 5.5 per cent and 10.2 per cent.

.

The exploration targets are only  conceptual in nature, however, because not enough exploration has been conducted to estimate a mineral resource.

.

Discovered in mid-2017, Yeltana is part of the Wilcherry project — a joint venture between Alliance (75%) and Tyranna Resources (25%).

.