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Walkabout Resources Ltd

Walkabout is developing the high-grade Lindi Jumbo Graphite Project in Southeast Tanzania to take advantage of forecast market conditions for Large and Jumbo flake graphite products.

The Company holds 100% of a Mining Licence and between 70% and 100% of adjacent graphite prospecting licences at Lindi Jumbo with an enduring option to acquire the remaining 30% share. A high-grade graphite Mineral Reserve has been delineated within the Mining Licence area.

Also in Tanzania, the Company has assembled a large holding over the Amani Gold Project in the southern highlands near Lake Nyasa. This gold field is the base of intensive alluvial and artisanal diggings and the presence of rough-shaped nuggets is an indicator of a potential nearby source.

The Company holds 100% of an exciting exploration portfolio for gold and base metals in Scotland and 50% in the Tyrone Joint Venture in Northern Ireland where cobalt, copper and silver occurrences are being explored.

ASX Code
WKT

Sector
Materials

Website
https://www.wkt.com.au/

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Walkabout Resources, Graphite Play with Expanded Lithium Exposure

Walkabout Resources (ASX: WKT, Share Price: $0.125, Market Cap: $15m) is an emerging graphite play that has implemented measured exploration, project appraisal and growth strategies. It aims to fast-track production at its Lindi jumbo graphite project in Tanzania, whilst also filing applications for Prospecting Licences in Tanzania and Namibia. It has also expanded its commodity exposure into lithium.

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