Total Graphite hits 18.62% TGC from initial drilling in Madagascar
Original announcement by proactiveinvestors on
- Company
- Total Graphite PLC
- Ticker
- TGR
- Exchange
- Unavailable
- Region
- Madagascar
- Primary commodity
- Graphite
- Secondary commodities
- None reported
- Document categories
- Drill results, Resource update
- Extracted
- 2026-08-24 03:59:51 UTC
Analysis by Minestarters Atlas
Minestarters Atlas analysis
Summary
Total Graphite has reported high-grade, near-surface graphite drilling results at its Vatomina project in Madagascar, including a peak assay of 18.62% TGC. The 587m drilling program across 17 boreholes intersected mineralization predominantly in shallow saprolite, supporting the company's mine optimization and production restart strategy.
Reasoning: Strong high-grade graphite intercepts (up to 18.62% TGC) at shallow depths in an exploration program aimed at resource expansion and mine optimization.
Positive factors
- high-grade intercepts
- shallow depth
- exploration target expansion potential
Facts used in scoring: 7
Classification and evidence
Step-Out Extensionpositive
Mineralization extended beyond the previously known limit.
Why it applies: Drilling at Tarandava Block testing new areas to expand resource base.
Evidence · text
“assessing opportunities to expand the resource base”
Inferred Resourcenegative
Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.
Why it applies: The existing resource and exploration targets are described as conceptual or existing without higher confidence categories mentioned.
Evidence · text
“The exploration target remains conceptual.”
Extracted facts
Stored fact records: 7. Some facts used in scoring do not have a stored record.
Drill Results (7)
VAT-DD26-015Vatomina · graphiteGrade: 9.44Grade Unit: % TGCIntercept: 6.5 mView all detailsHide details
Identity
- Hole ID
- VAT-DD26-015
- Project
- Vatomina
- Commodity
- graphite
- Region
- madagascar
- Reported Region
- Madagascar
- Ticker
- TGR
Geometry
- Grade
- 9.44
- Grade Unit
- % TGC
- Intercept
- 6.5 m
- From
- 15.5 m
- To
- 22 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- VAT-DD26-015:15.5-22.0
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: Strong intercept of 6.5m at 9.44% TGC at shallow depth.
Positive factors
- high grade
- shallow depth
Evidence · text
“Hole VAT-DD26-015 returned 6.5 metres at 9.44% TGC from 15.5 metres downhole”
VAT-DD26-015Vatomina · graphiteGrade: 11.3Grade Unit: % TGCIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- VAT-DD26-015
- Project
- Vatomina
- Commodity
- graphite
- Region
- madagascar
- Reported Region
- Madagascar
- Ticker
- TGR
Geometry
- Grade
- 11.3
- Grade Unit
- % TGC
- Intercept
- 5 m
- From
- 16 m
- To
- 21 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- VAT-DD26-015:16.0-21.0
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: High-grade sub-interval within VAT-DD26-015.
Positive factors
- high grade
Evidence · text
“including 5 metres at 11.30% TGC from 16 metres”
VAT-DD26-015Vatomina · graphiteGrade: 18.62Grade Unit: % TGCIntercept: 1 mView all detailsHide details
Identity
- Hole ID
- VAT-DD26-015
- Project
- Vatomina
- Commodity
- graphite
- Region
- madagascar
- Reported Region
- Madagascar
- Ticker
- TGR
Geometry
- Grade
- 18.62
- Grade Unit
- % TGC
- Intercept
- 1 m
- From
- 19 m
- To
- 20 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- VAT-DD26-015:19.0-20.0
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: Peak assay of 18.62% TGC reported in this hole.
Positive factors
- bonanza grade
Evidence · text
“with 1 metre grading 18.62% TGC from 19 metres”
VAT-DD26-009Vatomina · graphiteGrade: 6.83Grade Unit: % TGCIntercept: 5 mView all detailsHide details
Identity
- Hole ID
- VAT-DD26-009
- Project
- Vatomina
- Commodity
- graphite
- Region
- madagascar
- Reported Region
- Madagascar
- Ticker
- TGR
Geometry
- Grade
- 6.83
- Grade Unit
- % TGC
- Intercept
- 5 m
- From
- 6 m
- To
- 11 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- VAT-DD26-009:6.0-11.0
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: Solid intercept of 5m at 6.83% TGC at very shallow depth.
Positive factors
- shallow depth
Evidence · text
“VAT-DD26-009 intersected 5 metres at 6.83% TGC from just 6 metres downhole”
VAT-DD26-009Vatomina · graphiteGrade: 7.89Grade Unit: % TGCIntercept: 4 mView all detailsHide details
Identity
- Hole ID
- VAT-DD26-009
- Project
- Vatomina
- Commodity
- graphite
- Region
- madagascar
- Reported Region
- Madagascar
- Ticker
- TGR
Geometry
- Grade
- 7.89
- Grade Unit
- % TGC
- Intercept
- 4 m
- From
- 7 m
- To
- 11 m
Classification
- Program
- exploration
- Sample Type
- drill
- Group ID
- VAT-DD26-009:7.0-11.0
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: High-grade sub-interval within VAT-DD26-009.
Positive factors
- high grade
Evidence · text
“including 4 metres at 7.89% TGC from 7 metres”
Fact 6graphiteGrade: 3.8Grade Unit: % TGCView all detailsHide details
Identity
- Commodity
- graphite
- Ticker
- TGR
Geometry
- Grade
- 3.8
- Grade Unit
- % TGC
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: Existing resource mentioned as baseline.
Evidence · text
“existing resource of approximately 6 million tonnes at 3.8% TGC”
Fact 7graphiteGrade: 4Grade Unit: % TGCView all detailsHide details
Identity
- Commodity
- graphite
- Ticker
- TGR
Geometry
- Grade
- 4
- Grade Unit
- % TGC
Review
- Needs Review
- No
- Interp. Status
- scored
- Historical
- No
Dates
- Event date
- 2026-08-18T00:00:00.000Z
Reasoning: Conceptual exploration target of 18-20Mt at 4% TGC.
Positive factors
- large tonnage target
Negative factors
- conceptual target
Evidence · text
“estimated an exploration target of about 18-20 million tonnes grading around 4% TGC”
How Atlas produces this analysis
Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.