Agoracom Blog

Graphite Express Toronto Preview – Strike Graphite

Posted by AGORACOM at 8:09 AM on Wednesday, May 2nd, 2012

In advance of today’s Graphite Express Conference In Toronto (which we are a proudly sponsoring), we’re happy to provide you with the following concise overview of presenting company Strike Graphite.    Strike Graphite is a sponsor of our site.  The  following summary is provided courtesy of this Financial Post article, written by Resource Clips.

With three graphite properties in two of the world’s top mining jurisdictions, Strike Graphite (TSXV:SRK) hopes to file a resource by 4Q 2012. The company has two northeast Saskatchewan projects, Simon Lake and Deep Bay East, as well as Wagon in west Quebec. This week, Strike begins drilling the 11,800-hectare Simon Lake. The program will sink 10 holes totalling 2,500 to 3,500 metres along two conductors, one 5.5 kilometres long, the other 25 kilometres. The 5,500-hectare Deep Bay East has non-43-101 historic results of 8.58% C over 35.1 metres, 8.97% over 13.1 metres and 9.06% over 10.7 metres. Both Saskatchewan properties have roads and the ability to access power.

The company’s 3,000-hectare Wagon Property is 15 kilometres from the Lac-des-Îles Graphite Mine. Wagon’s historic outcrop samples have returned non-43-101 results ranging from 0.57% to 18.13% C. Strike also has an option to earn up to a 75% interest in the 1,600-hectare Satterly Lake Property in northwest Ontario.

For a more in-depth overview of Strike Graphite, please go to Strike Graphite Profile On AGORACOM


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