03:44 PM EST - Energizer Resources Inc. : announced that it has upgraded a portion of the National Instrument (NI) 43-101 mineral resource estimate for its Molo graphite deposit, located in southern Madagascar, to Measured status and has increased the overall size of the resource. Energizer previously announced on December 3, 2012 a maiden NI 43-101 resource of 124.31 million tonnes (MT), consisting of an Indicated resource totaling 84.04 MT grading 6.36% carbon (C), and an Inferred resource totaling 40.34 MT grading 6.29% C above a 2% C cut-off grade. Energizer Resources Inc.
shares T.EGZ are trading unchanged at $0.14.
