High quality, large flake graphite previously mined from Telix property
Strategically important landholding located adjacent to and surrounding Mexico’s only commercial graphite mine, the El Tejon Graphite Mine and Mill, now on care and maintenance
Abundant infrastructure is present, providing significant support for future exploration and mining operations
Telix has low on-going holding costs and Azure is evaluating potential synergies with the El Tejon redevelopment
The Telix Graphite Project comprises three, 100%-owned concessions covering 1,260 hectares. The property contains gneissic rocks that host significant graphite mineralisation and several historical graphite mines are hosted within Azure’s concessions. Historical records report that these deposits produced high quality graphite and were a source of ore for the El Tejon Graphite Mine and Mill.
There is excellent local infrastructure with good roads including the Pan American Highway, a major railroad, and mains electrical power and water all passing through the project area.
The El Tejon Graphite Mine and Mill were developed and constructed in 1980 by the Mexican Government, with twin process lines providing graphite production capacity of 7,000 tonnes per year. El Tejon produced high quality flake graphite at a ratio of 20% large flake and 80% medium and fine flake from open pit mining.
While in operation, approximately 80% of El Tejon’s graphite production was sold into the United States market. After operating for 21 years, the project was closed in 2002 due to low graphite prices and, since then, the mine and processing plant have been on care and maintenance.