Asia Pacific Gold Mining Investment Ltd. announces identification huge graphite potential in western Ethiopia.

The Company has also entered into an agreement with a Canadian Company for exploration and development of its concessions in Western Ethiopia.

 The said, the initial exploration and technical results which have been provided by its partner showed a large exploration target of potentially very large tonnage structures containing Graphite have been identified within the exploration concession.

"The Graphitic Schist covers 37.18 square km’s, forming steep valleys and ridges within the 412 square km exploration area. Graphite appears to be a dominant feature on the north western boundary exhibiting massive outcropping and running through much of the southerly extent of the concession area." reads the announcement posted on the company's website.

The company is planning a reconnaissance drilling to establish the initial extent and grade of the potential deposit at two of its key target zones in November.

Source: asiapacificgmi.com