Capricorn Metals Ltd holds two potentially large-scale, large flake size Graphite Projects: Maniry and Ianapera. Both projects are located within a major graphite-bearing province that is host to the large scale Molo Graphite Deposit (Energizer Resources Inc.)
Geologically, the mineralisation occurs within the Ampanihy Graphite Domain, a sequence of graphitic high-grade metamorphic schists and gneisses. Exploration to date by Capricorn Metals Ltd has consisted of initial mapping, rock chip sampling, petrographic analysis to establish flake size characteristics and collection of samples for initial metallurgical characterisation. Detailed evaluation of high priority targets has commenced and will be ongoing.