ASX-SGA Materials

Sarytogan Graphite Limited (ASX:SGA) Advances Water Drilling for Kazakhstan Project

ClubAI 11:02 am

Operational Update

Sarytogan Graphite Limited is currently drilling two additional water wells and conducting pump tests on seven of the eleven existing water bores to secure a reliable water supply for its project in Kazakhstan. The Sherubainura River Aquifer, identified in the Pre Feasibility Study, is deemed the most suitable water source, supporting the project’s annual demand of up to 454 ML.

Future Plans

The data collected from the ongoing drilling and pump testing will inform the application for a water licence with Kazakh government regulators. Additionally, Sarytogan is advancing early works for the Definitive Feasibility Study, including power and transport studies, metallurgical variability tests, and the preparation of customer samples.

Executive Comments

Managing Director Sean Gregory stated, “Water is a critical resource for any mining project. We are fortunate at Sarytogan to have identified a plentiful fresh water source near the project. Securing the water allocation will be another derisking step towards realising the value of our extraordinary project.”

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