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Galaxy Graphite Corp. Commences Field Work at SUN Project, Quebec

Posted by AGORACOM-JC at 11:45 AM on Friday, June 15th, 2012

VANCOUVER, BRITISH COLUMBIA–(June 15, 2012) – Galaxy Graphite Corp. (TSX VENTURE:GXY) (the “Company” or “Galaxy”) is pleased to announce that it has commenced field work on its SUN graphite property, located approximately 125 km NW of Baie-Comeau, Quebec.

This Phase 1 work program will consist of prospecting, mapping and sampling, and will be completed by early July, 2012. The work will be performed by Consul-Teck Exploration Inc of Val d’Or, QC.

This work will be followed by a Phase 2 program, with a planned 3000 meters of diamond drilling. Drilling will commence as soon as all of the necessary permits are received.

Chris M. Healey P.Geo, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.

ON BEHALF OF THE BOARD

Chris M. Healey, President and CEO

We seek safe harbor.

 

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Standard Graphite Identifies Significant Conductors in Line With High-Grade Graphite Occurrence at Preston

Posted by AGORACOM-JC at 9:33 AM on Thursday, June 14th, 2012

VANCOUVER, BRITISH COLUMBIA–(June 14, 2012) – Standard Graphite Corp. (TSX VENTURE:SGH) (the “Company”) is pleased to announce that it has received the results from the airborne electromagnetic (EM) survey on the Preston property located some 65 kilometres south of its flagship Mousseau East property. The survey confirmed that the known graphite occurrence is coincident with an extensive conductor.

The Western Quebec properties are a group of four (4) properties acquired in the fall of 2011 in the Central Metasedimentary Belt of the Grenville Province. Each property is located over a well-established graphite occurrence. In late April 2012, the blocks were flown by Prospectair Geosurveys Inc. of Gatineau, Quebec, to measure the conductive response of the rocks underlying the properties, which may trace the extent of the graphitic horizons. The four properties, Kiamika, Preston, 31 Milles, and Notre Dame are located within 90 kilometres of the Mousseau East property, on which an historical non-NI 43-101 compliant resource has been identified (see press release April 24, 2012).

The Preston graphite occurrence reported historical grades of up to 12% Cg in grab samples (source: MRNF – mineral occurrence database). The trend outlined in the survey shows a more continuous conductor towards the northwest, away from the known occurrence. These results prompted the staking of additional claims further to the northwest. Field crews will mobilize to the area later in June and will prospect the entire conductor axis in search for additional high-grade, large flake graphite occurrences.

Please click the following link for the EM Map for Preston: http://www.standardgraphite.com/i/pdf/Preston.pdf.

Chris Bogart, President and CEO of Standard Graphite, comments: “Preston is particularly interesting, based on the historical high-grade find. We are extremely happy that the occurrence is now part of a trend and could lead to a sizeable discovery.”

During the last week of April 2012, an 888 line-kilometre airborne TDEM survey was conducted by Prospectair Geosurveys covering the four (4) properties located in Western Quebec. This was to help evaluate the extent of the known graphite occurrences and aid in the discovery of potentially new mineralizations. These results are part of the initial property coverage designed to assist Standard in orienting the fieldwork. All EM surveys have been completed and the company will release the remaining results as they become available.

Antoine Fournier, P. Geo., manages Standard’s exploration and development programs and is the Qualified Person as defined by National Instrument 43-101. He supervised the preparation of the technical information in this release.

About Standard Graphite

Standard Graphite Corp. is focused exclusively on the exploration and development of a large portfolio of flake graphite properties in Canada. The Company is rapidly positioning itself as North America’s premier pure-play graphite exploration company and it controls 100% interest in 13 highly prospective graphite properties within known graphite districts in both Quebec and Ontario. An aggressive 2012 exploration strategy has commenced and will be implemented by a geologic team with the pedigree of a previous world-class graphite discovery.

ON BEHALF OF THE BOARD

Chris Bogart, President & CEO

Cautionary Statement:

The foregoing information may contain forward-looking statements relating to the future performance of Standard Graphite Corp. Forward-looking statements, specifically those concerned with future performance are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in Standard Graphite Corp.’s filings with the appropriate securities commissions.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

 

Standard Graphite Corp.
Chris Bogart
President & CEO
(604) 683-2509
(604) 683-2506 (FAX)
[email protected]
www.standardgraphite.com

G2 Consultants Corp.
Investor Inquiries
NA Toll-Free: (866) 742-9990 or (604) 742-9990
[email protected]

Graphite One Completes Airborne Survey and Extends EM Conductor to More than 13 Plus Kilometres

Posted by AGORACOM-JC at 4:08 PM on Wednesday, June 13th, 2012

Jun 13, 2012 — June 13, 2012 – Calgary, Alberta – Graphite One Resources Inc. (gph:TSX-V)(gphof:OTCQX) (“Graphite One” or the “Company”) is pleased to announce it has completed the airborne geophysical survey conducted by SkyTEM Canada Inc. (“SkyTEM”) which was comprised of both magnetics and electromagnetics (SkyTEMs’ Dual-Moment, Time-Domain Electromagnetic (“TDEM”) System). The survey was flown at 50 metre spaced lines.

Based on the presence of a strong Electromagnetic conductor, the survey was extended to the northeast by 4.5km (an additional 309 line kilometres, now totaling 999 line kilometres) and 17 additional claims were staked. This data is pending. The EM conductor that is coincident with graphite occurrences has now doubled to more than 13 kilometres in strike length.

The survey is part of an aggressive $4.5 million exploration program at the Graphite Creek Property which will consist of drilling, prospecting, geological mapping and sampling along conductors delineated from the airborne survey and previously defined graphite-bearing schist – to quickly move towards a National Instrument 43-101 compliant resource.

Anthony Huston, President and Director, commented, “We are extremely pleased and excited about these results, as this extends the known length of the graphite bearing unit(s) to a total strike length of more than 13 kilometres, which immensely increases the graphite tonnage potential of the Property. We also expect the strike length to increase upon the receipt of the new airborne data”.

Dean Besserer, P.Geol., V.P. Exploration, manages Graphite One’s exploration and development programs and is the Qualified Person as defined by National Instrument 43-101. He supervised the preparation of the technical information in this release.

About Graphite Creek

The Graphite Creek Property comprises 89 claims totaling 4,209 hectares on the Seward Peninsula of Alaska, 65 kilometres north of Nome. Mineralization at the Graphite Creek Property is characterized by coarse crystalline (large-flake) graphite (>80mesh) within graphite-bearing schist(s). Graphite mineralization is exposed at surface. The large-flake graphite occurs as disseminations and high-grade segregations and lenses in distinctive garnet-bearing quartz biotite schist(s). The host schist(s) is continuous over 13 kilometres of strike length, based on mapping, geophysics, and has an approximate thickness of 100 metres, and is exposed down dip 100 to 200 metres, thus indicating the potential for 150 to 250 million tonnes of graphite-bearing rock. The estimate of potential tonnage is based on the Company’s geological mapping in 2011. Two samples were collected during 2011 of the graphite-bearing schist contain 9.1 to 21.8% graphite, respectively. A sample collected within a high-grade lense within the schist contained 56.9% graphite. A historical composite chip sample across a 16 metre outcrop of graphite-bearing schist contained 8.36% graphite. Other schists in the area contain 2 to 6% graphite. The potential size and grade of the mineralization at the Graphite Creek Property is conceptual in nature as there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in discovery of a mineral resource. The Property is 3 kilometres away from intertidal waters at Windy Cove, approximately 20 kilometres away from road systems, and 3 kilometres from an airstrip to the southeast.

To View Map Image, Please copy and paste URL below into a new Browser:

http://graphiteoneresources.com/_resources/gph_geophysics.pdf

About Graphite One Resources Inc.

GRAPHITE ONE RESOURCES INC. (gph:TSX-V)(gphof:OTCQX) is a mineral exploration company with extensive experience in the State of Alaska and a business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The Graphite Creek Property on the Seward Peninsula of Alaska fits with the Graphite One business strategy offering significant potential for the discovery and development of a large-flake, graphite deposit exposed at surface. Graphite One has an option to earn a 100% interest in the Graphite Creek Property and plans to rapidly advance the Property to a NI 43-101 compliant resource.

The graphite market is only beginning to open up as green technology takes more precedence in the world today. Graphite is vital for lithium-ion batteries, pebble bed nuclear reactors, and fuel cells amongst other uses. Graphite has been named a “supply critical mineral” and a “strategic mineral” by the USA and European Union as more demand is being created that surpasses the supply threshold. This has allowed for the price of graphite to rise, as over the past 7 years the price has nearly tripled.

ON BEHALF OF THE BOARD OF DIRECTORS

(signed) “Anthony Huston”

For more information on Graphite One Resources Inc. please visit the Company’s website, www.GraphiteOneResources.com or contact:

Anthony Huston President & Director Tel: (604) 697-2862 Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This release includes certain statements that may be deemed to be forward-looking statements. All statements in this release, other than statements of historical facts that address access to capital, regulatory approvals, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continuity of mineralization, uncertainties related to the ability to obtain necessary permits, licenses and title and delays due to third party opposition, changes in government policies regarding mining and natural resource exploration and exploitation, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Readers are cautioned not to place undue reliance on this forward-looking information, which is given as of the date it is expressed in this press release, and the Company undertakes no obligation to update publicly or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws. For more information on the Company, investors should review the Company’s continuous disclosure filings that are available at www.sedar.com

The Lithium Ion Battery – A Potential Growth Driver for Natural Graphite

Posted by AGORACOM-JC at 3:48 PM on Wednesday, June 13th, 2012

Lomiko Starts Exploration at the Previously Drilled Quatre Milles Graphite Property

Posted by AGORACOM-JC at 2:52 PM on Wednesday, June 13th, 2012

Vancouver BC – LOMIKO METALS INC. (TSX-V:LMR, OTC: LMRMF, FSE: DH8B) (the “Company”) is pleased to announce that an exploration crew form Consul-Teck Exploration has started sampling and preparing for the upcoming drilling at the Quatre Milles East Property which was drilled in 1989, previous to National Instrument 43-101.

Lomiko entered the race to locate graphite in January, 2012 when it optioned the Quatre Milles Graphite Property in Quebec to search for large flake, crystallite graphite. Prices for flake graphite were recently quoted at $ 2,200-$ 3,000 per tonne depending on flake size.

Graphite Blog www.graphiteblog.com indicates ina June 11, 2012 article that Graphite consumption will increase if new, fast-recharging battery systems under development are adopted in electric vehicles. “The fast charging systems are being complemented by advancements in battery technology, and specifically Li-ion battery technology, which is one of the driving forces behind the sustained demand for graphite. It so happens, that a radical acceleration in the pace of electric car development and popularity may be ‘around the corner’. Thanks to evolving battery technology and better understanding of materials such as graphite and its derivatives, the time needed to charge an electric power only car battery back is quickly dropping from hours to minutes. The prospect of convenient re-charging times, which may drop to the amount of time required to fill up a tank with gasoline in a gas powered engine will further boost battery evolution and demand for graphite.”

For further detailed information on Lithium-Ion batteries, please view the following:

To View Graphic, please Cop and Paste URL below into a New Browser:

http://bit.ly/L3VfjS

On March 27, 2012, a 43-101 compliant report by Consul-Teck Exploration Services regarding the Quatre Milles was accepted by the TSX-Venture Exchange and was filed on Sedar (Canadian Securities Administrator Website).

Consul-Teck has proposed a budget of $307, 028 for Phase I and a contingent $724,041 for Phase II for work for the property in the technical report. Lomiko is now proceeding with commencement of exploration.

Lomiko’s drilling will focus on verifying the areas of historical high-grade graphite intersected previously by Graphicor on the property. The historical results are detailed below. It is Lomiko’s goal to complete both Phase I & II and establish a flake graphite resource at the Quatre Milles Property by December 2012.

Lomiko’s Quatre Milles Graphite Property

The Quatre Milles Property is road accessible and is located approximately 175 km northwest of Montreal and 17 km due north of the village of Sainte-Veronique, Quebec. The property consists of 28 contiguous claims totaling approximately 1,600 hectares.

The property was originally staked and explored by Graphicor Resources Inc. (“Graphicor”) in the summer of 1989 based on the results of a regional helicopter-borne EM survey. The underlying geology consists of intercalated biotite gneiss, biotite feldspar gneiss, marble, quartzite and calc-silicate lithologies of the Central Metasedimentary Belt of the Grenville Province.

Historical Highlights

Graphicor completed reconnaissance mapping and prospecting as well as ground geophysics and a 26 hole diamond drill program totaling 1,625 metres. The work identified several conductive trends in the central portion of the property and at least three, relatively flat lying graphitic beds.

Three surface samples were collected and analyzed returning results of 14.16% Cgf, 18.06% Cgf and 20.35% Cgf. 23 of the initial 26 drill holes intersected graphite concentrations with graphite concentration in range of 4.69% in hole Q90-1 to a highlight of 8.07% Cgf over 28.60 metres in hole Q90-7. The highest individual assay was reported in hole Q90-10 reporting 15.48% Cgf over 0.50 metres. A table of results from the 43-101 indicates:

  1. 1
 ------------------------------------------
 |HOLE NO.|FROM(M)|TO(M)|WIDTH (M)|GRADE  |
 |        |       |     |         |(% CGP)|
 |----------------------------------------|
 |Q90-1   |8.94   |10.46|1.52     |7.33   |
 |----------------------------------------|
 |Q90-2   |28.68  |30.13|1.45     |10.38  |
 |----------------------------------------|
 |Q90-3   |16.23  |17.84|1.61     |4.09   |
 |----------------------------------------|
 |Q90-4   |9.4    |14.1 |4.7      |3.95   |
 |----------------------------------------|
 |Q90-5   |2      |3.90 |1.90     |2.07   |
 |----------------------------------------|
 |Q90-5   |22.13  |23.25|1.12     |10.52  |
 |----------------------------------------|
 |Q90-6   |32.54  |41.19|8.65     |8.07   |
 |----------------------------------------|
 |Q90-6   |43.47  |44.05|0.98     |3.87   |
 |----------------------------------------|
 |Q90-7   |3.94   |32.54|28.60    |8.07   |
 |----------------------------------------|
 |Q90-8   |1.54   |2.16 |0.62     |14.89  |
 |----------------------------------------|
 |Q90-8   |5.23   |8.05 |2.82     |7.45   |
 |----------------------------------------|
 |Q90-9   |2.05   |3.10 |1.05     |8.47   |
 |----------------------------------------|
 |Q90-9   |5.76   |6.8  |1.04     |10.86  |
 |----------------------------------------|
 |Q90-10  |2.14   |5.54 |3.40     |8.02   |
 |----------------------------------------|
 |Q90-10  |7.03   |7.61 |0.58     |10.59  |
 |----------------------------------------|
 |Q90-10  |8.53   |9.03 |0.50     |15.48  |
 |----------------------------------------|
 |Q90-10  |9.27   |11.24|1.97     |12.37  |
 |----------------------------------------|
 |Q90-10  |14.16  |15.46|1.30     |4.26   |
 |----------------------------------------|
 |Q90-11  |26.82  |34.02|7.20     |4.63   |
 |----------------------------------------|
 |Q90-12  |0.94   |8.53 |7.59     |8.60   |
 |----------------------------------------|
 |Q90-12  |38.16  |43.61|5.45     |3.79   |
 |----------------------------------------|
 |Q90-13  |0.69   |10.28|9.59     |4.64   |
 |----------------------------------------|
 |Q90-13  |40.95  |43.14|2.19     |3.82   |
 |----------------------------------------|
 |Q90-14  |5.56   |7.22 |1.66     |8.12   |
 |----------------------------------------|
 |Q90-15  |2.21   |5.59 |3.38     |9.76   |
 |----------------------------------------|
 |Q90-16  |       |     |         |NSV    |
 |----------------------------------------|
 |Q90-17  |15.48  |18.63|3.15     |8.11   |
 |----------------------------------------|
 |Q90-17  |21.43  |23.67|2.24     |13.29  |
 |----------------------------------------|
 |Q90-17  |36.77  |47.97|11.20    |5.88   |
 |----------------------------------------|
 |Q90-17  |57.15  |58.21|1.06     |9.53   |
 |----------------------------------------|
 |Q90-17  |59.54  |69.82|10.28    |5.99   |
 |----------------------------------------|
 |Q90-18  |10.68  |12.90|2.22     |8.12   |
 |----------------------------------------|
 |Q90-19  |47.80  |49.25|1.45     |9.16   |
 |----------------------------------------|
 |Q90-19  |50.42  |58.49|8.07     |5.72   |
 |----------------------------------------|
 |Q90-20  |13.51  |16.98|3.47     |5.81   |
 |----------------------------------------|
 |Q90-21  |2.80   |4.98 |2.18     |5.56   |
 |----------------------------------------|
 |Q90-22  |17.37  |20.04|2.67     |2.58   |
 |----------------------------------------|
 |Q90-23  |       |     |         |NSV    |
 |----------------------------------------|
 |Q90-24  |1.78   |4.14 |2.36     |3.77   |
 |----------------------------------------|
 |Q90-24  |12.32  |13.09|0.77     |4.20   |
 |----------------------------------------|
 |Q90-24  |16.86  |18.66|1.80     |4.96   |
 |----------------------------------------|
 |Q90-25  |19.69  |21.24|1.55     |3.67   |
 |----------------------------------------|
 |Q90-25  |25.27  |26.65|1.38     |9.66   |
 |----------------------------------------|
 |Q90-26  |       |     |         |NSV    |
 ------------------------------------------

The Company cautions that it has not had the chance to verify the quality and accuracy of the historic sampling and drilling results reported in this news release which predate the introduction of NI 43-101 and cautions readers not to rely upon them. The historic figures were generated from sources believed to be reliable, however, they have not been confirmed. Although the sampling and drilling results are relevant, they have not been verified.

Graphite Market

-The price for flake graphite is $ 2000-$4000 per tonne depending on flake size and grade.

-Graphite prices have been increasing in recent months and over the last couple of years prices for large flake, high purity graphite (+80 mesh, 94-97%C) have more than doubled.

-Graphite prices have almost tripled since 2005 due to the ongoing industrialization of China, India and other emerging economies and resultant strong demand from traditional steel and automotive markets.

-Demand for graphite is expected to rise as electric vehicles and lithium battery technology are adopted, nuclear reactors are built in China, and if fuel cells and graphene patents become products.

-China, which produces about 70 per cent of the world’s graphite, is seeing production and export growth leveling, and export taxes and a licensing system have been instituted.

-Europe and the USA have both indicated graphite is of economic importance and has a supply risk (Critical Raw Materials for the EU, July 2010).

Graphite Facts

-Natural graphite comes in several forms: flake, vein, amorphous and lump.

-Southwestern Quebec is host to some of the most favorable geological terrain for graphite exploration in Canada and is known to host graphite resources, including the nearby Lac Des Iles mine operated by Timcal.

-Graphite has many important new applications such as lithium-ion batteries, fuel cells, and nuclear and solar power that have the potential to create significant incremental demand growth.

-There is roughly 20-30 times more graphite by weight needed to produce a lithium-ion battery than there is lithium.

-Of the 1.2 million tonnes of graphite produced annually, approximately 40 per cent is of the most desirable flake type.

-High-growth, high-value graphite applications require large-flake and high-purity graphite which is the prime exploration and development target at the Quatre Milles Property.

Near-Term Strategy

Lomiko plans to mount an aggressive exploration campaign on the Quatre Milles Graphite Property commencing with a complete compilation of historic geologic work followed by surface mapping, prospecting and follow-up diamond drilling.

Jean-Sebastien Lavallee (OGQ #773), geologist, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.

For more information, review the website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: [email protected]

On Behalf of the Board

“A. Paul Gill”

Chief Executive Officer

We seek safe harbor. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

The Graphite Digest — A roundup of recent news from graphite explorers

Posted by AGORACOM-JC at 11:15 AM on Monday, June 11th, 2012

Big North completes SE Ontario EM Survey, ends IR Agreement

Big North Graphite Corp (TSXV:NRT) announced June 8 completion of an airborne electromagnetic survey of 1,187 line-kilometres with 100-metre spacing over its Griffith and Brougham properties in southeast Ontario. Preliminary data suggests both properties show conductors, including coincident features to the known graphite showings. Final data is expected next week and will be used to direct ground geophysics, mapping and sampling.

The company also announced it has terminated an investor relations agreement with Trident Financial announced on April 19. The Griffith-Brougham land package covers 6,500 hectares in a region that includes Ontario Graphite’s Kearney Mine and Northern Graphite’s (TSXV:NGC) Bissett Creek Project.

 

Read an interview with Big North Graphite President/CEO Spiro Kletas.

Galaxy completes Airborne Surveys of Quebec Graphite Project, approves Name Change

Galaxy Capital Corp (TSXV:GXY) announced June 7 completion of helicopter-borne electromagnetic and magnetometer surveys on its Buckingham Property in west Quebec. Preliminary results from the 162-line-kilometre survey are expected within three weeks and will be used to direct a program of ground geophysics, prospecting, mapping and sampling.

On June 6, the company announced shareholder approval of a change of name to Galaxy Graphite Corp. Contingent on TSXV approval, the stock symbol will remain the same. The 1,324-hectare Buckingham Property consists of two former mines 40 kilometres east of Ottawa. The host rocks for both deposits are graphitic crystalline marbles, similar to the host stratigraphy at Timcal Graphite & Carbon’s Lac-des-Îles Graphite Mine, the company has stated.

Rare Earth Metals begins Ground EM Survey on NW Ontario Graphite Property

Rare Earth Metals Inc (TSXV:RA) announced June 7 it has begun line-cutting and a ground electromagnetic survey on its Manitouwadge Graphite Property in northwest Ontario. The company intends to determine the strike length and continuity of graphite zones outlined by an EM survey flown in 1989. Three graphite horizons have been identified so far through historic work and recent trenching. The zones range from four to 12 metres thick with chip samples showing 2.04% to 4.18% carbon. Screen tests on the higher-grade composite sample confirmed the presence of +65 mesh and +35 mesh flake graphite. Additional metallurgical results are pending.

The company has two advanced projects in Ontario and Labrador, with rare earth elements, niobium, beryllium, zirconium and iron ore. The company has also acquired the Coldwell Complex and the Lavergne-Springer REE Prospect, both in north Ontario.

Standard Graphite reports EM Conductors on Quebec Graphite Property

Standard Graphite Corp (TSXV:SGH) announced June 5 airborne geophysical results from its Kiamika Property in west Quebec. Initial results confirm that surface occurrences are associated with a conductor crossing the entire property over a 3.5-kilometre strike length. A second conductor 750 metres east replicates the first and expands the project’s potential, the company stated.

The 888-line-kilometre TDEM survey included three other properties: Preston, 31 Milles and Notre Dame. Results are pending for those properties and will help determine follow-up work scheduled for later this month. All four properties lie within 90 kilometres of Standard’s flagship Mousseau East Project in the Central Metasedimentary Belt of the Grenville Geological Subprovince. Mousseau East has a 1992 non-43-101 resource estimate showing 598,480 tonnes grading 8.29% carbon proven, 219,450 tonnes grading 8.13% probable and 288,760 tonnes grading 7.85% possible.

Read a feature story about Standard Graphite.

Focus to acquire Brazil Graphite Project from Lara Exploration

Focus Graphite Inc (TSXV:FMS) and Lara Exploration Ltd (TSXV:LRA) announced June 4 a letter of intent in which Focus will acquire up to a 60% interest in the Canindé Graphite Project in Ceará State, northeast Brazil. Under the agreement’s first option, Focus may earn a 51% interest by issuing Lara a total of 500,000 shares and spending $2.5 million within three years. Exploration must include an EM survey and 2,000 metres of drilling.

Under the second option, Focus may earn an additional 9% interest by spending a total of $4.5 million within five years, including completion of an additional 5,000 metres of drilling and a positive PEA.

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If Focus declines or fails to exercise the second option, the two companies will create a 51/49 joint venture. If Focus exercises the second option, the companies will create a 60/40 JV. Both companies will fund exploration proportionately and the party holding majority interest will be deemed the project operator. If a party’s interest falls to less than 10%, its interest in the JV will be converted to a 2% production royalty.

Canindé is subject to a 1% royalty payable to a third party on gross revenue up to R$750,000 (750,000 Brazilian reais, approximately $369,000) as well as a one-time payment of R$200,000 (approximately $99,000) payable to the third party on completion of a non-NI 43-101-compliant Economic Graphite Reserve Estimate as defined by Brazil’s Departamento Nacional de Produção Mineral.

The 15,615-hectare project hosts 22 surface graphite occurrences discovered by Lara in mid-2011. The occurrences define a 16-kilometre-long graphitic corridor in high-grade metamorphic rocks. Individual graphite occurrences range from less than one metre to 10 metres wide and host grades ranging from 1% or 2% disseminated graphite in paragneiss and schist (mostly flakes), to over 50% graphite in narrow lenses in gneiss, schist, pegmatitic migmatites and brecciated horizons in gneiss. Surface grab samples from 15 of the occurrences show grades ranging from less than 1% up to 42%. The project is accessible by road.

The company’s flagship Lac Knife Graphite Project in northeast Quebec is scheduled for a PEA this month. The company states that it hopes to have offtake agreements and financing to begin mine construction following the PEA.

Read an interview with Focus President/CEO Gary Economo.

Read an interview about Focus’ Kwyjibo REE-Copper Project.

Read a feature story about Focus Graphite.

Energizer, Malagasy report Madagascar Graphite Intersections up to 434m

Energizer Resources Inc (TSXV:EGZ) and Malagasy Minerals Ltd announced June 4 five graphite intersections on the Molo Deposit of their Joint Venture Property in Madagascar. Intersections came to 434 metres, 295 metres, 220 metres, 150 metres and 51 metres. Core from the five holes has been sent for assaying, with the first results expected within six weeks. Metallurgical analysis of previous Molo samples showed jumbo-flake, +50 mesh graphite at an average purity of 93% carbon which can be liberated through simple crushing. The deposit begins at surface and extends to a vertical depth of over 300 metres, Energizer stated. The company plans an initial resource estimate for the Molo Deposit, which Energizer and engineering partner DRA Mineral Projects are targeting for open-pit production in early 2015.

Energizer holds a 75% interest and acts as operator on the JV Property, which surrounds Energizer‘s wholly owned Green Giant Graphite-Vanadium Property on three sides.

Read an interview with Energizer Resources VP of Business Development Brent Nykoliation.

Read feature stories about Energizer Resources’ vanadium deposit and its graphite deposits.

Canadian Platinum finds Saskatchewan Graphitic Argillite

Canadian Platinum Corp (TSXV:CPC) announced June 4 the presence of a thick sequence of graphitic argillite on its Peter Lake Copper-Nickel-PGE Project in northeast Saskatchewan. Examination of a 2009 airborne ZTEM survey and historic drillholes found conductors caused by graphitic argillite, the company stated. A sample assay of historic core showed 10.2% carbon and six grab samples from another historic hole averaged 4.5% carbon. Canadian Platinum drilled one of the ZTEM conductors in 2009, which intersected 142 metres of graphitic argillite and terminated in graphitic argillite. This drillhole and historic holes are currently being sampled to determine grades.

The project is North America’s largest mafic/ultramafic complex. The company’s mining claims in the area cover approximately 202,340 hectares.

By Greg Klein

Read previous Graphite Digests here

Disclaimer: Standard Graphite Corp and Focus Graphite Inc are clients of OnPage Media and the principals of OnPage Media may hold shares in those companies.

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Source: http://business.financialpost.com/2012/06/11/the-graphite-digest-a-roundup-of-recent-news-from-graphite-explorers-3/

Cullen Resources: Graphite prospectivity at TL the target of exploration

Posted by AGORACOM-JC at 11:00 AM on Friday, June 8th, 2012

Cullen Resources (ASX: CUL) is well positioned to follow up on graphite prospectivity within the TL Property in Canada, amid ongoing base metal exploration.

An exploration program is planned for the current field season to follow up on sulphide and graphite zones at TL, and will comprise mapping, sampling and diamond drilling.

Trenching carried out at TL in 2011 has exposed graphite-bearing schists and graphitic-sulphidic masses, which include coarse-grained “flake” graphite.

The trenching program also returned base metal mineralisation, with up to 3 metres at 8.98% zinc from channel samples, along with highly anomalous molybdenum and rhenium and anomalous copper, bismuth, nickel, tin and tungsten.

A helicopter borne electromagnetic survey has identified a strong 6 kilometre long conductor beyond the trench site.

Given that graphite is known to be highly conductive and is a common source of airborne electromagnetic anomalies, this could represent a mixed sulphide/graphite bearing rock unit.

Cullen Resources is earning up to an 80% interest in the TL Project, which is located in southeast British Columbia.

The company also intends to review opportunities for graphite exploration in its regions of activity, with the potential to expand its portfolio.

Source: http://www.proactiveinvestors.com.au/companies/news/29898/cullen-resources-graphite-prospectivity-at-tl-the-target-of-exploration-29898.html

Big North Graphite Completes EM Survey On Griffith And Brougham Properties, Ontario

Posted by AGORACOM-JC at 10:41 AM on Friday, June 8th, 2012

Jun 08, 2012 — Vancouuver, B.C., June 8, 2012 – BIG NORTH GRAPHITE CORP. CA:NRT -15.00% (the “Company” or “Big North”), announces that the high resolution electromagnetic airborne surveying, utilizing the Impulse system of Aeroquest Limited, has been completed on both the Griffith and Brougham properties, located in southeastern Ontario.

In total 1,187 line kilometres were flown, with flight lines 100m apart, allowing for detailed mapping of stratigraphy and conductive features. The Company expects to be in possession of final data next week. Inspection of preliminary data by the Company’s consultants suggests that both properties have conductors present, including coincident features to the known graphite showings. The results of the EM survey will be used to direct a field program of ground geophysics, mapping and sampling. The details of the next phase of exploration will be announced once finalized by the Company.

Mr. Bill Brereton, P.Eng., a Qualified Person as defined by National Instrument 43-101, independent of Big North, and an Optionor of the Property, has reviewed and approved the technical content of this release.

Investor Relations Agreement

Big North Graphite also announces that the investor relations agreement with Trident Financial, previously announced on April 19, 2012, has been terminated.

For further information concerning this press release, please contact Spiro Kletas at (604) 629-8220.

ON BEHALF OF THE BOARD

“Spiro Kletas” Spiro Kletas President and Chief Executive Officer

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Except as required pursuant to applicable securities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company.

Rare Earth Metals Update on Manitouwadge Graphite Property

Posted by AGORACOM-JC at 10:01 AM on Thursday, June 7th, 2012

THUNDER BAY, ONTARIO–(June 7, 2012) – Rare Earth Metals Inc. (“Rare Earth Metals“, “RA” or the “Company“) (TSX VENTURE:RA)(OTCQX: RAREF)(PINKSHEETS:RAREF) is pleased to announce it has initiated line-cutting and a ground electromagnetic survey on the Manitouwadge Graphite Property. The property consists of 128 staked claim units totaling 2072 hectares and is located approximately 30 kilometers north of the town of Manitouwadge in northwestern Ontario.

The purpose of the ground survey is to determine the overall strike length and continuity of the graphite zones outlined previously by an airborne electromagnetic (AEM) survey flown by Dighem Surveys for Noranda Exploration Services in 1989. The (AEM) anomalies associated with the graphite horizons are coincident with an intense magnetic low and have a strike length exceeding 4 km. At present there are three graphite horizons identified through both the historic work and the new trenching recently completed by the Company. The zones range from 4 to 12 meters thick with grades from chip samples ranging from 2.04% to 4.18% carbon. Screen tests completed on the higher grade composite sample confirmed the presence of flake graphite, recognized in both the plus 65 mesh (0.212mm) and plus 35 mesh (0.425mm) fractions (see previous press release May 30, 2012).

Results from additional metallurgical work are pending. This work includes gravity separation and froth flotation tests to get an early understanding of how well the flake graphite can be concentrated. These results will be released once they are received.

Paul Nielsen, P Geo., is a qualified person as defined in National Instrument 43-101, and has reviewed and approved the technical information forming the basis for release.

About Rare Earth Metals Inc.

Rare Earth Metals is a well-funded company with a focus on exploring for Rare Earth Element deposits. The Company’s shares are listed on the TSX-V exchange under the symbol RA and the OTCQX exchange under the symbol RAREF. The Company presently has two advanced projects in Ontario and Newfoundland and Labrador, both exhibiting multi element potential (REEs, Niobium, Beryllium, Zirconium and Iron Ore) and proximity to available infrastructure. Its flagship properties are the Clay-Howells Prospect and the Red Wine Project. The Company has recently acquired additional properties in the Coldwell Complex near Marathon, Ontario and the Lavergne-Springer REE Prospect near Sturgeon Falls, Ontario. Additional information concerning the Company is contained in documents filed by the Company with securities regulators, available under the Company’s profile at www.sedar.com. For more information please visit the Rare Earth Metals web site at www.rareearthmetals.ca.

ON BEHALF OF THE BOARD OF DIRECTORS OF RARE EARTH METALS INC.:

Michael Stares, President and CEO

This release includes certain statements that may be deemed forward-looking statements. All statements in this release, other than statements of historical facts, that address future production, reserve potential, exploration drilling, exploitation activities and events or developments that the Company expects are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Factors that could cause actual results to differ materially from those in forward-looking statements include market prices, exploitation and exploration successes, continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and those actual results or developments may differ materially from those projected in the forward-looking statements. For more information on the Company, Investors should review the Company’s filings that are available at www.sedar.com.

Company information distributed through the Market Access Program is based upon information that Standard & Poor’s considers to be reliable, but neither Standard & Poor’s nor its affiliates warrant its completeness or accuracy, and it should not be relied upon as such. This material is not intended as an offer or solicitation for the purchase or sale of any security or other financial instrument.

“Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”

Contact Information

 

Rare Earth Metals Inc.
Michael Stares
President and CEO
(807) 623-6840
(807) 623-9526 (FAX)
www.RareEarthMetals.ca

Rare Earth Metals Inc.
Corporate Communications
Matt Witiluk, C.A.
(807) 623-6840
(807) 623-9526 (FAX)
[email protected]

Standard and Poor’s Customer Contact:
Richard Albanese
(212) 438-3647
[email protected]

Standard and Poor’s Media Relations Contact:
Michael Privitera
(212) 438-6679
[email protected]

Standard Graphite’s Identifies 3.5 km EM Conductor Coincident With Graphite Occurrences at Kiamika

Posted by AGORACOM-JC at 9:19 AM on Tuesday, June 5th, 2012

VANCOUVER, BRITISH COLUMBIA–(June 5, 2012) – Standard Graphite Corp. (TSX VENTURE:SGH) (the “Company”) is pleased to report that the results from its latest airborne geophysical survey covering the Western Quebec properties have begun to arrive following their post-survey processing. The present survey concludes the initial geophysical coverage in Quebec and Ontario and will allow the company to set the priorities for the ground follow-up scheduled to begin in June.

The Western Quebec properties are a group of four (4) properties located in the Central Metasedimentary Belt of the Grenville Province northeast of Montreal, Quebec. Each property is located over a well-established graphite occurrence. The four (4) properties: Kiamika, Preston, 31 Milles and Notre Dame are located within 90 kilometres from Standard Graphite’s flagship, the Mousseau East on which an historical non-43-101 compliant resource has been identified (see press release April 24, 2012).

Initial results for the Kiamika property confirms that the surface occurrences are associated with an extensive conductor that crosses the entire property over a 3.5 kilometre strike length. The company was also pleased to discover that a second conductor lying some 750 metres eastward replicates the first one and expands the overall potential of the project. Additional map designation was carried out in the area to fully cover the conductors and their extensions.

Please click the following link for the EM Map for Kiamika:

http://www.standardgraphite.com/i/pdf/kiamika.pdf

Chris Bogart comments: “We are extremely pleased with these results as Kiamika lies within 32 kilometres of our main Historic Mousseau Deposit on which the company plans extensive development over the coming months.”

Prospectair Geosurveys has now completed an 888 line-kilometer airborne TDEM survey covering the four (4) Western Quebec properties to help evaluate the extent of the known occurrences and the discovery of potentially new occurrences. These results are part of the initial property coverage designed to assist Standard Graphite in targeting known and new mineralization and orient the fieldwork. Standard Graphite will release the survey results of the 3 remaining Western Quebec properties as they become available.

Antoine Fournier, P. Geo., manages Standard’s exploration and development programs and is the Qualified Person as defined by National Instrument 43-101. He supervised the preparation of the technical information in this release.

About Standard Graphite

Standard Graphite Corp. is focused exclusively on the exploration and development of a large portfolio of flake graphite properties in Canada. The company is rapidly positioning itself as North America’s premier pure-play graphite exploration company and it controls 100% interest in 13 highly prospective graphite properties within known graphite districts in both Quebec and Ontario. An aggressive 2012 exploration strategy has commenced and will be implemented by a geologic team with the pedigree of a previous world-class graphite discovery.

ON BEHALF OF THE BOARD

Chris Bogart, President & CEO

Cautionary Statement:

The foregoing information may contain forward-looking statements relating to the future performance of Standard Graphite Corp. Forward-looking statements, specifically those concerned with future performance are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in Standard Graphite Corp.’s filings with the appropriate securities commissions.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information

 

Standard Graphite Corporation – Corporate Information
Chris Bogart
President & CEO
(604) 683-2509
(604) 683-2506 (FAX)
[email protected]
www.standardgraphite.comG2 Consultants Corp.
Investor Inquiries
NA Toll-Free: 9866) 742-9990 or (604) 742-9990
[email protected]