# Total Graphite hits 18.62% TGC from initial drilling in Madagascar Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/total-graphite-hits-18-62-tgc-from-initial-drilling-in-madagascar--80085b18-c4ba-4155-9eec-2bfa20a5663c Original source: https://www.proactiveinvestors.com/companies/news/1097102/total-graphite-hits-18-62-tgc-from-initial-drilling-in-madagascar-1097102.html Publisher: proactiveinvestors Original announcement: 2026-08-18T17:35:14.746Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - 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 Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas 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 factor: high-grade intercepts - Positive factor: shallow depth - Positive factor: exploration target expansion potential Facts used in scoring: 7 ## Classification and evidence **Step-Out Extension** Polarity: positive Definition: 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 Resource** Polarity: negative Definition: 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-DD26-015 [Link to this fact](https://atlas-staging.minestarters.com/news/total-graphite-hits-18-62-tgc-from-initial-drilling-in-madagascar--80085b18-c4ba-4155-9eec-2bfa20a5663c#fact-drill-facts-0) Vatomina · graphite #### 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 factor: high grade - Positive factor: shallow depth Evidence · text > Hole VAT-DD26-015 returned 6.5 metres at 9.44% TGC from 15.5 metres downhole ### VAT-DD26-015 [Link to this fact](https://atlas-staging.minestarters.com/news/total-graphite-hits-18-62-tgc-from-initial-drilling-in-madagascar--80085b18-c4ba-4155-9eec-2bfa20a5663c#fact-drill-facts-1) Vatomina · graphite #### 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 factor: high grade Evidence · text > including 5 metres at 11.30% TGC from 16 metres ### VAT-DD26-015 [Link to this fact](https://atlas-staging.minestarters.com/news/total-graphite-hits-18-62-tgc-from-initial-drilling-in-madagascar--80085b18-c4ba-4155-9eec-2bfa20a5663c#fact-drill-facts-2) Vatomina · graphite #### 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 factor: bonanza grade Evidence · text > with 1 metre grading 18.62% TGC from 19 metres ### VAT-DD26-009 [Link to this fact](https://atlas-staging.minestarters.com/news/total-graphite-hits-18-62-tgc-from-initial-drilling-in-madagascar--80085b18-c4ba-4155-9eec-2bfa20a5663c#fact-drill-facts-3) Vatomina · graphite #### 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 factor: shallow depth Evidence · text > VAT-DD26-009 intersected 5 metres at 6.83% TGC from just 6 metres downhole ### VAT-DD26-009 [Link to this fact](https://atlas-staging.minestarters.com/news/total-graphite-hits-18-62-tgc-from-initial-drilling-in-madagascar--80085b18-c4ba-4155-9eec-2bfa20a5663c#fact-drill-facts-4) Vatomina · graphite #### 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 factor: high grade Evidence · text > including 4 metres at 7.89% TGC from 7 metres ### Fact 6 [Link to this fact](https://atlas-staging.minestarters.com/news/total-graphite-hits-18-62-tgc-from-initial-drilling-in-madagascar--80085b18-c4ba-4155-9eec-2bfa20a5663c#fact-drill-facts-5) graphite #### 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 7 [Link to this fact](https://atlas-staging.minestarters.com/news/total-graphite-hits-18-62-tgc-from-initial-drilling-in-madagascar--80085b18-c4ba-4155-9eec-2bfa20a5663c#fact-drill-facts-6) graphite #### 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 factor: large tonnage target - Negative factor: 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.