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Northern Graphite Announces Successful Drill Program at Bissett Creek

Posted by AGORACOM-JC at 3:18 PM on Thursday, March 7th, 2013

Higher grade zones extended outside of current resource model

OTTAWA, ONTARIO–(March 7, 2013) – Northern Graphite Corporation (TSX VENTURE:NGC) is pleased to announce very positive results from a 61 hole, 3,425 meter drilling program on the Bissett Creek graphite project. The drill program was designed to infill a significant portion of inferred resources with the objective of upgrading them to the measured and indicated categories. In addition, the potential for higher grade zones to extend outside of the current resource model was tested. All 61 holes returned widths and grades as good as or better than those in the recently completed bankable Feasibility Study (“FS”).

A new resource estimate based on the drill results is expected to be completed by the end of March. The existing mine plan will then be revised and FS economics updated and released within a couple weeks thereafter. The current mine plan includes 1.5 million tonnes of inferred resources that are treated as waste with zero grade and it excludes a substantial amount of higher grade inferred resources. It is anticipated that the revised mine plan will show an increase in grade, a reduction in costs and a much longer mine life. The resource update and revised FS will be completed by AGP Mining Consultants.

Gregory Bowes, CEO, commented that: “the Bissett Creek project has low engineering, technical and political risk, reasonable capital costs and competitive operating costs. It is expected to produce the highest quality concentrates in the industry.” He added that “Once the FS is updated, we anticipate finalizing discussions with strategic partners and putting the mine financing package together.”

The current resource estimate consists of 25,903,000 tonnes of indicated resources and 55,038,000 tonnes of inferred resources at a 1% cut-off grade (mineral resources are not mineral reserves and do not have demonstrated economic viability). The FS estimated a probable reserve of 23 million tonnes at a grade of 1.89% Cg based on indicated resources only. Thirteen infill holes were drilled within the FS pit and returned significant intersections with grades higher than the average resource grade. Almost all the holes drilled outside the FS pit also intersected higher grades (see table and map). Many holes also contain lower, but still ore grade intersections, higher up in the hole. This material will likely be stockpiled and processed later in the mine life.

Hole From (M) To (M) Width (M) Cg%
MFT-12-001 57 90 33 2.94
MFT-12-002 42 89 47 2.29
MFT-12-003 69 92 23 2.88
MFT-12-005 45 103 58 2.75
MFT-12-006 33 60 27 2.55
MFT-12-007 27 42 15 2.52
MFT-12-008 44 63 19 2.85
BC-12-111 30 48 18 2.14
BC-12-201 23.5 54 30.5 2.66
BC-12-202 21 54 33 2.66
BC-12-203 36 57 21 2.66
BC-12-204 30 46 16 2.66
BC-12-205 24 51 27 2.53
BC-12-206 27 54 27 2.70
BC-12-207 18 51 33 2.31
BC-12-208 58 77 19 2.56
BC-12-209 27 46 19 2.33
BC-12-210 18 41 23 2.25
BC-12-211 24 41 17 2.65
BC-12-212 20 36 16 2.68
BC-12-213 21 37 16 2.97
BC-12-214 12 33 21 2.41
BC-12-217 36 53 17 2.02
BC-12-18 19 45 26 2.97
BC-12-219 9 33 24 2.68
BC-12-220A 18 39 21 2.41
BC-12-221 15 42 27 2.65
BC-12-222 27 45 18 2.57
BC-12-223 9 42 33 2.45
BC-12-224 12 42 30 2.32
AGP-12-01 36 55 19 2.82
AGP-12-02 27 54 27 2.66
AGP-12-03 40 70 26 2.38

A complete list of drill holes is available on the Northern Graphite website at www.northerngraphite.com.

All samples from the drill program were collected and supervised by Mehmet Taner, P.Geo., PhD and a QP, and delivered to SGS Mineral Services (Toronto). SGS is an ISO/IEC 17025 accredited analytical laboratory. The samples were ashed at 500°C to remove organic carbon. Carbonate carbon was estimated on one aliquot of the ashed sample using dilute perchloric acid to release CO2 which was then measured by a Coulometric analyzer. A second aliquot was used to estimate total carbon content. The second aliquot was combusted at 950°C and the carbon was converted to CO2 and measured by the coulometer. Graphitic carbon was calculated as follows: percentage of graphitic carbon (“Cg”) = percentage of total carbon in ashed sample minus percentage of carbon as carbonate in ashed sample. For QA/QC purposes, the Company inserted a total of 40 standards (one every 35th to 40th sample), intermittent with 19 blank samples. A field duplicate sample was generally taken in every hole (1/4 of the core) within well mineralized sections. A total of 29 duplicate samples were taken.

Don Baxter, P.Eng, President of the Company and a “Qualified Person” under 43-101, is responsible for and has reviewed and approved the technical content of this press release.

The Graphite Market

China currently produces 70% of the world’s graphite and an export tax and a licensing system have been instituted to restrict exports and encourage value added processing in China. Recently, the Chinese government banned any new plants, and imposed strict environmental regulations on existing plants, in the historic graphite mining and processing area of Qingdao. This follows calls for REE type protection and quotas from Chinese producers, the formation of a state owned amorphous graphite monopoly that is consolidating 210 amorphous graphite mines down to 20 and reducing production capacity from 600,000 to 510,000 tonnes per year, and the implementation of new rules and standards which will make graphite mines much more difficult to build and operate. No new graphite mines were built during the past economic cycle and the supply situation will become more acute as economic growth recovers. Both the European Union and the United States have declared graphite a supply critical mineral.

Northern Graphite Corporation

Northern Graphite is a Canadian company that has a 100% interest in the Bissett Creek graphite deposit located in eastern Ontario and is well positioned to benefit from the favourable supply/demand outlook for graphite. Northern is the only graphite company to have completed a bankable Feasibility Study and has a large flake, high purity, scalable deposit that is located close to infrastructure and has reasonable capital costs and very competitive operating costs. Additional information is available under the Company’s profile on SEDAR at www.sedar.com and on the Company’s website at www.northerngraphite.com.

This press release contains forward-looking statements, which can be identified by the use of statements that include words such as “could”, “potential”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “likely”, “will” or other similar words or phrases. These statements are only current predictions and are subject to known and unknown risks, uncertainties and other factors that may cause our or our industry’s actual results, levels of activity, performance or achievements to be materially different from those anticipated by the forward-looking statements. The Company does not intend, and does not assume any obligation, to update forward-looking statements, whether as a result of new information, future events or otherwise, unless otherwise required by applicable securities laws. Readers should not place undue reliance on forward-looking statements.

To view the figure associated with this release, please visit the following link: http://media3.marketwire.com/docs/NGCfig1.pdf.

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.

Contact Information

 

Northern Graphite Corporation
Gregory Bowes
CEO
(613) 241-9959

Northern Graphite Corporation
Don Baxter P.Eng
President
(705) 789-9706
www.northerngraphite.com

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Focus Graphite Reports New Exploration Drilling Results at Lac Knife-66.8 m Grading 14.7% Cgr

Posted by AGORACOM-JC at 10:41 AM on Tuesday, March 5th, 2013

OTTAWA, ONTARIO–(March 5, 2013) – Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) (“Focus” or the “Corporation”) is pleased to report the results of the fall 2012 exploration drilling program on the Lac Knife Property (the “Property”), located in the Grenville Geological Province of northeastern Québec. Twelve (12) NQ-sized core holes (total: 1,384 m) were drilled to test the strike-length extension of the Lac Knife graphite deposit up to 375 m to the South of the deposit’s West limb. The 12 exploration holes were spread over four (4) drill fences spaced 100 m apart.

Hole LK-12-170 drilled 175 m south of the deposit on Line 900 S returned the best graphitic carbon (Cgr) intersection (Table 1):

  • Hole LK-12-170: 66.8 m grading 14.68 % Cgr(from 54.9 to 121.7 m), including:
    • 8.0 m grading 21.73% Cgr (from 54.9 to 62.9 m),
    • 21.7 m grading 17.99% Cgr (from 70.0 to 91.7 m) and
    • 21.3 m grading 18.22 % Cgr (from 100.4 to 121.7 m)

Significant graphite intercepts are still encountered up to 375 m south of the deposit as evidenced by Hole LK-12-174 drilled on Line 1100 S which intersected 20.9 m grading 19.31% Cgr (from 20.0 to 40.9 m), indicating that the deposit remains open to the south. All the significant intercepts (Cgr >5%) are summarized below in Table 1.

Focus Graphite President and CEO Gary Economo said: “Once again Lac Knife confirms its status and potential as a world-class and valuable, high-grade graphite property.

“The new drill results indicate a significant strike length extension south of our main deposit as well as in the continuity and thickness of grade – those key elements required for building additional tonnage,” Mr. Economo said.

Focus Graphite’s two-phase summer 2013 drilling program will further map the limits of the graphite deposit as well as test new ground geophysical anomalies on the property, Mr. Economo said.

Table 1: Summary of best graphitic carbon (Cgr >5%) drill core intersections from the 2012 exploration drilling program at the Lac Knife property.

Section
800S		 Azimuth Dip Total
length (m)		 From To Core
Length*		 Cgr**
(%)		 S
(%)
LK-12-166 N076 -51 170 60.9 63.8 2.9 5.85 6.68
89.1 109.0 19.9 6.19 2.34
89.1 124.7 35.6 11.15 4.54
109.0 124.7 15.7 17.44 7.34
LK-12-167 N082 -45 101 31.9 48.1 16.2 20.94 7.40
55.9 62.5 6.6 5.12 3.57
LK-12-168 N082 -50 125 16.0 42.6 26.6 18.52 6.30
68.2 77.2 9.1 22.29 7.76
83.3 86.8 3.5 13.21 4.41
94.3 97.7 3.4 14.85 3.57
Section
900S		 Azimuth Dip Total
length (m)		 From To Core
Length*		 Cgr**
(%)		 S
(%)
LK-12-170 N080 -45 132 54.9 121.7 66.8 14.68 5.16
54.9 62.9 8.0 21.73 6.77
70.0 91.7 21.7 17.99 5.55
100.4 121.7 21.3 18.22 6.37
LK-12-177 N080 -45 107 16.6 19.9 3.3 9.26 1.98
28.6 34.5 5.9 7.11 2.35
54.6 96.8 42.2 12.31 4.83
54.6 62.5 7.9 20.26 7.63
68.3 80.6 12.3 20.21 7.55
84.3 96.8 12.5 7.33 3.14
Section
1000S		 Azimuth Dip Total
length (m)		 From To Core
Length*		 Cgr**
(%)		 S
(%)
LK-12-171 N100 -45 122 70.5 72.2 1.7 19.70 6.00
90.7 92.4 1.7 16.29 3.18
110.1 114.2 4.1 7.79 3.98
LK-12-172 N080 -45 119 20.0 36.2 16.2 16.63 8.25
LK-12-176 N080 -45 110 60.0 65.0 5.0 7.80 2.50
81.5 89.9 8.4 7.11 2.82
Section
1100S		 Azimuth Dip Total
length (m)		 From To Core
Length*		 Cgr**
(%)		 S
(%)
LK-12-173 N080 -55 98 51.8 65.8 14.0 19.15 9.20
84.6 89.6 5.0 21.26 9.12
LK-12-174 N080 -50 125 20.0 40.9 20.9 19.31 7.37
73.0 76.8 3.8 35.62 4.78
86.0 94.4 8.4 6.09 3.41
*Significant Cgr intersection are expressed as core length because the host rocks are highly metamorphosed and locally migmatized and folded. However, the mineralization envelope interpreted from the historical data cross-cuts the drill holes at a high angle.
**All core sample carbon analyses performed by COREM and delivered as graphitic carbon (Cgr), internal analytic code LSA-M-B10, LECO high frequency combustion method with infrared measurement.

The mineralization at Lac Knife is hosted in biotite-quartz-feldspar paragneiss and schist of the Nault Formation, in association with iron formations of the Wabush Formation. These are equivalent to the lower Proterozoic Labrador Trough rocks affected by the late Proterozoic Grenvillian orogeny. Metamorphism associated with the Grenvillian orogeny has resulted in the formation of economic grade concentrations of graphite dominated by value-enhanced large flakes.

The Lac Knife property comprises 57 map-designated claims covering 2,986.31 ha located in Esmanville Township (NTS map sheet 23B/11), 27 km south-southwest of the iron-mining town of Fermont, in the Côte-Nord administrative district of Québec. Focus acquired a 100% interest in the property in October 2010. Maps showing the location of the Lac Knife property as well as drill hole locations are available on the company’s website at www.focusgraphite.com.

2012 Drill Program, Methodology and QA/QC

The fall 2012 exploration drilling program at Lac Knife comprised 12 NQ-sized core holes for a total of 1,384 m. The drilling program was designed to test the southern extension of the lac Knife graphite deposit over a total strike length of 375 m. Details of hole collars azimuth and dip as well as total length are provided in Table 1. The 12 holes were spread over four (4) 100m-spaced drill fences (800S, 900S, 1000S and 1100S). Each fence is comprised of three holes spaced 50 m apart with the exception of the hole LK-12-171 which is located 50 m north of fence 1000S due to land terrain conditions (see drill holes location map available on the company’s website at www.focusgraphite.com). The complete set of section 800S, 900S, 1000S and 1100S are also available on the company’s website.

The exploration drilling program at Lac Knife started in mid-September 2012 and ended on September 26. The drilling was performed by G4 Drilling of Val-d’Or, Québec under the supervision of IOS Services Géoscientifiques (“IOS”) of Chicoutimi, Québec.

A total of 538 half-split NQ drill core samples were collected from all 12 holes and shipped to IOS for sample preparation (crushing and grinding). Once prepared, the samples were sent to the Consortium de Recherche Appliquée en Traitement et Transformation des Substances Minérales (“COREM”), an ISO/IEC 17025:2005 certified facility in Québec-City, for graphitic carbon (Cgr) analysis using LECO high frequency combustion method with infrared measurement (internal analytical code LSA-M-B10 for graphitic carbon; ISO 9686:2004). For the measurement of graphitic carbon, the sample is pre-treated with nitric acid, placed in a LECO capsule and introduced in the furnace (1,380ºC) in an oxygen atmosphere. Carbon is oxidized to CO2. After the removal of moisture, gas (CO2) is measured by an infrared detector and a computerized system calculates the concentration of graphitic carbon (Cgr). Total sulphur was also analyzed by LECO (code LSA-M-B41) (Table 1). For sulphur determinations, the sample is placed in a LECO capsule and introduced in the furnace (1,380ºC) until sulphur is oxidized to SO2. After the removal of moisture, gas (SO2) is measured by an infrared detector and a computerized system calculates the concentration of total sulphur (%).

Under the QA/QC program, 10% of the samples were analyzed by COREM for total (code LSA-M-B45), organic (code LSA-M-B58), inorganic (code LSA-M-B11) and graphitic (code LSA-M-B10) carbon as well as for total sulphur (a total of 48 core samples). Duplicates of the same 48 samples were also sent to ACTLABS Laboratories of Ancaster, Ontario (ISO/IEC 17025:2005 with CAN-P-1579) for graphitic carbon (code 5D – C Graphitic) and total sulphur (code 4F – S Combustion infrared detection) determinations and for 35 multi-element analysis using ICP methods (code 1E2 – Aqua Regia). IOS introduced 42 standards, 51 duplicates and 36 blank samples into the batch of core sample as part of the QA/QC program.

Summer 2013 Drilling Program

Focus is currently working on the design of a two-phase follow-up drilling program on the Lac Knife property for the summer of 2013. Phase I of this program will include infill drilling within the limits of the deposit defined by the NI 43-101 compliant mineral resource estimate (see Lac Knife PEA Technical Report available on Focus’ website or at www.sedar.com). Phase II will consist of an exploration drilling program in order to test the geophysical anomalies identified during last fall’s ground magnetic and horizontal loop electromagnetic (HLEM) survey done by G.L. Géoservice Inc. and interpreted by Geophysique Camille St-Hilaire Inc., both located in Rouyn-Noranda.

About Focus Graphite

Focus Graphite Inc. is an emerging mid-tier junior mining development company, a technology solutions supplier and a business innovator. Focus is the owner of the Lac Knife graphite deposit located in the Côte-Nord region of northeastern Québec. The Lac Knife project hosts a NI 43-101 compliant Measured and Indicated mineral resource of 4.972 Mt grading 15.7% carbon as crystalline graphite with an additional Inferred mineral resource of 3.000 Mt grading 15.6% crystalline graphite. Focus’ goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. On October 29th, 2012 the Company released the results of a Preliminary Economic Analysis (“PEA”) of the Lac Knife project which demonstrates that the project has an excellent potential to become a producer of high quality flake graphite. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus invests in the development of graphene applications and patents through Grafoid Inc.

The technical information presented in this press release has been reviewed by Benoit Lafrance, Ph.D., géo (Québec), Focus Vice-President of Exploration and a Qualified Person under NI 43-101.

Forward Looking Statements – Disclaimer

This news release may contain forward looking statements, being statements which are not historical facts, and discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. Important factors that could cause actual results to differ materially from the Company’s expectations are in our documents filed from time to time with the TSX Venture Exchange and provincial securities regulators, most of which are available at www.sedar.com Focus Graphite disclaims any intention or obligation to revise or update such statements.

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.

Contact Information

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Focus Graphite Reports Preliminary Phase II Locked Cycle Tests from Lac Knife Yield High Purity 96.6% C Flake Graphite

Posted by AGORACOM-JC at 10:15 AM on Monday, March 4th, 2013

OTTAWA, ONTARIO–(March 4, 2013) – Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) (“Focus” or the “Corporation”) is pleased to report preliminary Phase II Locked Cycle Test* (LCT) results for its Lac Knife, Québec high-grade graphite deposit.

SGS Canada Inc. (“SGS”) has completed Phase II LCTs on four (4) composite core samples comprised of low-grade and semi-massive graphite with a head grade ranging between 6.0% C and 20.7% C. Highlights are as follows:

  • The average amount of graphite flake recovered from the core samples in the Phase II LCTs increased to 92.2% compared with a recovery of 84.7% graphite flake in the Phase I LCTs
  • The proportion of large flakes (+80 mesh) in the graphite concentrates ranged between 35% and 58%
  • The carbon content of graphite concentrates produced from the four (4) composites averaged 96.6 %C, including the fine flake fraction (-200 mesh), a 4.6% increase over Phase I LCTs completed in mid 2012

* A locked cycle test is a repetitive batch flotation test conducted to assess flow sheet design. It is the preferred method for arriving at a metallurgical projection from laboratory testing. The final cycles of the test are designed to simulate a continuous, stable flotation circuit.

All carbon analyses were performed by SGS and are reported as total carbon (C). The analytical methods that were used to determine the metallurgical results included double loss on ignition analysis (double LOI) and total carbon analysis by Leco on the final concentrates. The lower grade tailings products were analyzed by the graphitic carbon method to discount the organic carbon and carbonate carbon in the samples.

Final Phase II LCT results including for the two (2) composite core samples comprising of massive graphite are pending.

“The findings from the Phase I and Phase II metallurgical testing program have been incorporated into the design of the flow sheet for the pilot plant scheduled for start-up in late March or early April,” said Dr. Joseph Doninger, Director of Manufacturing and Technology for Focus Graphite.

The purpose of the pilot plant is to confirm the results from Phase II LCTs, produce graphite flake samples for customer evaluations and generate graphite raw materials for further upgrading.

Focus President and CEO Gary Economo said “These latest results continue to confirm Lac Knife’s status as an exceptional flake graphite project.

“The very high carbon content of our fine (-200 mesh ) graphite flake could provide a low cost raw material that could be upgraded to the high purity carbon levels that lithium-ion battery manufacturers require.

“It supports our technology focus on the lithium-ion battery market for transportation and energy applications,” Mr. Economo said. “It allows us to assign the much higher-priced large flake to other high-technology projects.

“Ultimately, it ends a misconception in the marketplace that only large flake graphite is suitable for battery-grade materials.”

These results will also allow Focus to advance its discussions with potential customers, Mr. Economo said.

About SGS Metallurgical Services (Lakefield)

SGS Canada Inc. (“SGS”) is recognized as a world leader in the development of flow sheets and pilot plant programs. SGS’ Metallurgical Services division was founded over half a century ago. Its metallurgists, hydrometallurgists and chemical engineers are experienced in all the major physical and chemical separation processes utilized in the recovery of metals and minerals contained in resource properties around the world.

About Focus Graphite

Focus Graphite Inc. is an emerging mid-tier junior mining development company, a technology solutions supplier and a business innovator. Focus is the owner of the Lac Knife graphite deposit located in the Côte-Nord region of northeastern Québec. The Lac Knife project hosts a NI 43-101 compliant Measured and Indicated mineral resource of 4.972 Mt grading 15.7% carbon as crystalline graphite with an additional Inferred mineral resource of 3.000 Mt grading 15.6% crystalline graphite. Focus’ goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. On October 29th, 2012 the Company released the results of a Preliminary Economic Analysis (“PEA”) of the Lac Knife project which demonstrates that the project has robust economics* and excellent potential to become a profitable producer of graphite. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus invests in the development of graphene applications and patents through Grafoid Inc.

* Mineral resources that are not mineral reserves do not have demonstrated economic viability.

The information pertaining to the metallurgical test program completed by SGS that is presented in this news release has been reviewed and approved by Mr. Oliver Peters, M.Sc., P.Eng, MBA, SGS Canada Inc. Consulting Metallurgist.

This news release has been reviewed by Mr. Marc-Andre Bernier, M.Sc., P.Geo. (Ontario and Québec), Focus Graphite Director and Technical Advisor and a Qualified Person under NI 43-101.

Forward Looking Statements – Disclaimer

This news release may contain forward looking statements, being statements which are not historical facts, and discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. Important factors that could cause actual results to differ materially from the Company’s expectations are in our documents filed from time to time with the TSX Venture Exchange and provincial securities regulators, most of which are available at www.sedar.com. Focus Graphite disclaims any intention or obligation to revise or update such statements.

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.

Contact Information

 

Focus Graphite Inc.
Mr. Gary Economo
President and Chief Executive Officer
613-691-1091, ext. 101
[email protected]
www.focusgraphite.com

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Mason Graphite Announces Positive Drill Results including 31 meters at 24.3 % Cgr and 113 meters at 15.5 % Cgr

Posted by AGORACOM-JC at 7:46 AM on Thursday, February 28th, 2013

MONTREAL, Feb. 28, 2013 – Mason Graphite Inc. (“Mason Graphite” or the “Company”) (TSX.V: LLG) reports assay results for 36 new drill holes (6,830 meters) from the mineral resource expansion program at its Lac Guéret project in northeastern Quebec. Significant drill intercepts in this group of results include:

  • Hole LG-038  intersected 60 meters at 13.2% Cgr and 36 meters at 15.8% Cgr
  • Hole LG-039 intersected 113 meters at 15.5% Cgr (including 11 meters at 38.7% Cgr)
  • Hole LG-057 intersected 55 meters at 16.4% Cgr (including 16 meters at 27.1% Cgr)
  • Hole LG-207 intersected 44 meters at 17.1% Cgr (including 12 meters at 31.4 % Cgr) and 28 meters at 16.9% Cgr (including 13 meters at 27.2% Cgr)
  • Hole LG-213 intersected 26 meters at 18.1% Cgr and 63 meters at 15.4% Cgr
  • Hole LG-215 intersected 31 meters at 24.3% Cgr and 17 meters at 18.3% Cgr
  • Hole LG-227 intersected 33 meters at 13.3% Cgr and 76 meters at 12.0% Cgr

Benoît Gascon, CEO of Mason Graphite commented, “We are very pleased by the consistently high grade intercepts in this group of results. The mineralized intersections to the South, South-West and North-East of the current mineral resource demonstrate strong potential for continued growth beyond the current resource envelope and we look forward to including these results in the calculation of an upcoming mineral resource update.”

The 36 assay results reported below are part of an exploration program that was initiated in July 2012 and completed last November. This drill program consisted of 163 drill holes totaling approximately 26,500 meters and was designed to delineate mineral continuity primarily in the GC zone. This zone hosts a National Instrument 43-101 mineral resource of 300,000 tonnes at 24.4% Carbon as Graphite (“Cgr”) in the Measured category and 7.3 million tonnes at 20.2% Cgr in the Indicated category (see Technical Report dated July 3 2012 for details).  Complete results and the corresponding collar location map are presented below. Results for the remaining 104 drill holes will be published as soon as the data is compiled.

Roche Ltd. Consulting Group, who completed the Company’s National Instrument 43-101 mineral resource estimates in July 2012, has been retained to complete the upcoming mineral resource update.

 

Table 1 – Best drill intercepts from each of the 36 drill holes (6,830 meters)
Drill hole From
(m)		 To
(m)		 Length1,2
(m)		 Graphite
(Cgr %)		 Drill hole From
(m)		 To
(m)		 Length1,2
(m)		 Graphite
(Cgr %)
LG-038 39 99 60 13.2 LG-073 4 21 18 13.4
incl. 80 93 13 25.1 52 65 13 16.0
114 150 36 15.8 72 86 15 16.9
LG-039 25 35 10 15.3 141 161 20 19.5
70 183 113 15.5 LG-074 18 63 45 10.3
incl. 115 126 11 38.7 110 129 20 14.2
LG-045 17 52 35 12.2 LG-075 51 70 19 15.5
60 102 42 13.7 LG-205 4 77 72 8.7
incl. 65 75 10 22.4 LG-206 45 96 51 10.9
125 150 25 12.3 139 152 13 17.4
LG-046 73 110 37 11.5 LG-207 26 70 44 17.1
incl. 92 101 9 20.3 incl. 40 52 12 31.4
125 149 24 11.7 89 116 28 16.9
LG-057 25 89 64 10.9 incl. 100 113 13 27.2
110 165 55 16.4 LG-208 6 23 18 16.2
incl. 143 159 16 27.1 LG-209 8 22 14 9.9
LG-058 5 13 8 14.4 164 181 17 12.0
93 136 43 13.6 LG-210 22 28 7 11.0
incl. 118 130 12 25.7 LG-211 4 11 7 11.1
165 176 11 14.2 LG-212 No significant mineralization
LG-059 58 68 10 9.2 LG-213 15 41 26 18.1
83 100 16 15.3 102 165 63 15.4
LG-060 26 54 29 16.3 LG-214 57 89 32 26.5
LG-066 5 21 16 16.0 incl. 73 87 14 31.9
38 63 25 11.2 157 169 12 9.9
120 138 18 14.7 LG-215 5 26 21 13.3
LG-067 81 106 25 19.2 34 65 31 24.3
LG-068 15 36 21 10.3 incl. 47 65 19 30.9
LG-069 28 76 48 12.6 171 188 17 18.3
incl. 29 37 8 27.3 202 218 16 16.1
119 131 12 12.5 LG-216 4 27 22 10.2
LG-070 5 23 18 21.0 169 175 6 22.7
29 37 8 12.4 LG-217 No significant mineralization
42 49 7 21.6 LG-218 No significant mineralization
92 138 46 12.6 LG-227 50 82 33 13.3
LG-071 26 35 10 14.3 110 186 76 12.0
182 188 7 12.2 incl. 132 149 17 22.5
LG-072 9 29 20 17.6 LG-228 43 89 46 13.9
45 77 32 10.5 incl. 60 70 10 28.6
83 108 25 16.1 LG-229 44 68 24 12.5
145 165 20 14.7 75 96 21 10.7
LG-230 36 65 29 16.1
Notes:
1. Lengths are measured drill intervals – the true thickness is not known at this stage
2. Length figures are rounded to nearest integer for clarity

See “Technical Report on the Lac Guéret Graphite Project” dated July 3, 2012 under Mason Graphite’s profile on SEDAR at www.sedar.com for additional information, including exploration information and data verification.

Quality Control and Assurance

The drill program was supervised by Benoît Moreau, P.Eng.  Nathalie Guillemette, P. Geo., M.Sc., a Company’s consultant and a Qualified Person as defined by NI 43-101, has reviewed and approved the technical information contained in this news release.  Ms. Guillemette  has verified the data disclosed in this news release, including sampling, analytical and test data underlying the information disclosed in this news release. Ms. Guillemette has verified that the results were accurate from the official assay certificates provided to the Company.

Analyses for this drilling campaign were carried out by AGAT Laboratories Ltd. in Mississauga, Ontario, a company independent from Mason Graphite, exercising a thorough Quality Control and Assurance program (QA/QC) with Mason Graphite personnel inserting one blank, two standards and one duplicate every 100 samples. AGAT Laboratories is an accredited analytical laboratory. Carbon as graphite (“Cgr”) assays reported in this press release were obtained by using the LECO analytical technique ASTM E1915-07A with a detection limit of 0.01% Cgr. Drill holes were sampled over an average of 1.5 metre intervals.

About Mason Graphite

Mason Graphite is a Canadian mining company focused on the exploration and development of its 100% owned Lac Guéret graphite property, which is located in northeastern Québec near the main service center of Baie-Comeau.  The Lac Guéret graphite property currently hosts a National Instrument 43-101 compliant Mineral Resource of about 300,000 tonnes at 24.4% Cgr in the Measured category and 7.3 million tonnes at 20.2% Cgr in the Indicated category. (see news release issued on July 16, 2012). Exploration potential exists on the property with the current Mineral Resource based on exploration of only 17% of one well defined zone. Mason Graphite is led by Benoit Gascon, CA CMA, who has held 20 years of executive positions at Timcal, including over 6 years as CEO. Timcal, now owned by Imerys, is one of the largest graphite producers in the world.

Other Information

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release and has in no way passed upon the merits of the Transaction and has neither approved nor disapproved of the contents of this press release.

Cautionary Statements Regarding Forward Looking Information

This press release contains “forward-looking information” within the meaning of Canadian securities legislation. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking information is subject to known and unknown risks, uncertainties and other factors that may cause the actual results, level of activity, performance or achievements of the Company to be materially different from those expressed or implied by such forward-looking information, including but not limited to: (i) volatile stock price; (ii) the general global markets and economic conditions; (iii) the possibility of write-downs and impairments; (iv) the risk associated with exploration, development and operations of mineral deposits; (v) the risk associated with establishing title to mineral properties and assets; (vi) the risks associated with entering into joint ventures; (vii) fluctuations in commodity prices; (viii) the risks associated with uninsurable risks arising during the course of exploration, development and production; (ix) competition faced by the resulting issuer in securing experienced personnel and financing; * access to adequate infrastructure to support mining, processing, development and exploration activities; (xi) the risks associated with changes in the mining regulatory regime governing the resulting issuer; (xii) the risks associated with the various environmental regulations the resulting issuer is subject to; (xiii) risks related to regulatory and permitting delays; (xiv) risks related to potential conflicts of interest; (xv) the reliance on key personnel; (xvi) liquidity risks; (xvii) the risk of potential dilution through the issue of common shares; (xviii) the Company does not anticipate declaring dividends in the near term; (xix) the risk of litigation; and (xx) risk management.

Forward-looking information is based on assumptions management believes to be reasonable at the time such statements are made, including but not limited to, continued exploration activities, no material adverse change in metal prices, exploration and development plans proceeding in accordance with plans and such plans achieving their stated expected outcomes, receipt of required regulatory approvals, and such other assumptions and factors as set out herein. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such forward-looking information. Such forward-looking information has been provided for the purpose of assisting investors in understanding the Company’s business, operations and exploration plans and may not be appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-looking information. Forward-looking information is made as of the date of this press release, and the Company does not undertake to update such forward-looking information except in accordance with applicable securities laws.

Image with caption: “Figure 1 – Plan view with drill hole locations at Lac Guéret (CNW Group/Mason Graphite Inc.)”. Image available at: http://photos.newswire.ca/images/download/20130228_C9107_PHOTO_EN_24137.jpg

SOURCE: Mason Graphite Inc.

For further information:

 

For further information please visit  www.masongraphite.com or contact:

Investor Relations
+1 (416) 861-1685
[email protected]

Simon Marcotte, Vice-President Corporate Development
+1 (416) 309-2133

Benoît Gascon, CEO
+1 (514) 281-9434

Montreal Office
2000 McGill College ave., Suite 2210
Montreal, PQ  H3A 3H3

Toronto Office
65 Queen Street West, Suite 800
Toronto, Ontario M5H 2M5

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Standard Graphite Achieves Positive Metallurgical Results Obtained on Mousseau East Graphite

Posted by AGORACOM-JC at 8:44 AM on Wednesday, February 27th, 2013

VANCOUVER, BRITISH COLUMBIA–(Feb. 27, 2013) – Standard Graphite Corp. (TSX VENTURE:SGH)(OTCQX:DARDF) (the “Company”) is pleased to report the positive results from the ongoing metallurgical tests performed by SGS Lakefield on sections of drill core from the first diamond drill program on its flagship Mousseau East Deposit.

Standard initiated metallurgical beneficiation testing at SGS Mineral Services in Lakefield, Ontario to characterize the graphite present on the main portion of the historical deposit. The testing was done through Locked Cycle Tests (“LCT”). These consist in a series of mechanical operations including crushing and grinding to liberate the graphite from the matrix followed by sieving and sorting and assaying of the different fractions to characterize particle size and purity.

Three (3) runs have now been completed on composite drill core samples from the main Mousseau East Deposit. The tests were carried out by gradually increasing the polishing time from 30, 45 and 60 minutes in each sample to evaluate its effects on the final product. The final treatment produced a concentrate with a purity approximating 95% for all large and medium size fractions. The results from the last run (60 minutes) are presented below:

Preliminary graphite distribution and recovery results
Mousseau East Project
Mesh size Weight fraction (%) Cg (%)
+48 7.0 94.5
+80 14.5 95.3
+150 21.9 94.9
+200 14.1 94.4
-200 42.5 81.9

Chris Bogart, President & CEO comments: “We are extremely pleased with these initial results having achieved a commercial product using standard processing methods. Results can be expected to improve further by optimizing and customizing the processing to our material”. The three year average value of this blend of graphite concentrates is ~$1400/tonne. This has been calculated using the average of prices tracked by Industrial Minerals using their FCL, CIF European port $/tonne price for medium to large flake graphite concentrate.”

SGS Mineral Services also estimated that the rejects would not require post-treatment since they contain sufficient carbonate minerals to buffer any potential acid generating reactions. This testing of the acid generating potential of the rejects is crucial to determine the processing involved during operations. Consequently, the rejects at Mousseau East would require no additional treatment or separation thereby reducing overall costs and environmental hazards.

Fieldwork is expected to resume during the second quarter of 2013 with follow-up diamond drilling on its Mousseau East project aimed at better defining and expanding the historical resource en-route to a N1 43-101 resource.

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 SGS Minerals Services

SGS Minerals Services was founded over half a century ago and is an industry leader in a full range of metallurgical services including the development of bankable flow sheets and pilot plant programs. Its metallurgists, hydro-metallurgists and chemical engineers are experienced in all the major physical and chemical separation processes utilized in the recovery of metals and minerals contained in ore bodies around the world.

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

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NEVADO Hits 11.24% Cgr Over 9.95 m at Fermont and Provides Update on La Blache

Posted by AGORACOM-JC at 10:42 AM on Monday, February 25th, 2013

MONTREAL, QUEBEC–(Feb. 25, 2013) – NEVADO RESOURCES CORPORATION (TSX VENTURE:VDO)(FRANKFURT:NSV) (“NEVADO” or the “Company”) is pleased to report the results of its first drilling program on the Fermont graphite property, where Hole NV12-01 intersected seven graphite intersections, including 9.97% Cgr over 15.7 m, 8.65% Cgr over 16.3 m, as well as 11.24% Cgr over 9.95 m in Hole NV12-04.

The best results for the four-hole, 1,065-m program were as follows:

Hole
(#)		 From
(m)		 To
(m)		 Length*
(m)		 Cgr
(%)
NV12-01 19.50 30.00 10.50 5.39
38.00 43.85 5.85 2.95
47.60 55.60 8.00 2.44
213.20 216.80 3.60 3.34
231.00 247.30 16.30 8.65
264.80 280.50 15.70 9.97
301.00 307.70 6.70 4.01
NV12-02 114.00 144.00 30.00 1.21
NV12-03 194.10 214.00 19.90 5.83
incl. 201.00 207.00 6.00 12.26
NV12-04 13.05 23.00 9.95 11.24
28.50 48.00 19.50 4.06
84.00 93.00 9.00 4.48
106.00 118.50 12.50 3.39
187.50 192.00 4.50 3.19
* This figure represents core length rather than true width. The host gneiss is highly metamorphized and is folded in places. Multiple holes must be drilled on a given section to determined true width. These formations tend to be essentially subvertical, except in the fold axes.

Michael Curtis, President and Chief Executive Officer of NEVADO, said that: “These very positive drill results are all the more impressive as these are the first four holes drilled on the property. All the holes intersected good-sized intervals and multiple high graphite grades of up to 24.8% Cgr over 1.2 m. The results of the TDEM helicopter-borne survey also indicate that the Fermont property has excellent exploration potential, having identifying more than 20 potential structures ranging in length from 600 m to 5 km. Only two of these conductors have been tested by drilling, over a distance of barely 200 m. In short, we have only just started our work at Fermont, and these initial results are already very promising.”

The graphite structures are encased in biotite gneiss. The helicopter-borne geophysical survey indicates that the numerous high-intensity electromagnetic conductors identified are several km long and highly complex, due to folding that produces significant thickening of the graphite structures in places. Visually, the graphite showings appear to have a high proportion of large crystals (>0.25 mm), which makes them more valuable than fine-grained (amorphous) deposits and highly prized by graphite users, particularly for lithium-ion battery production.

The NEVADO holes were drilled seven km northeast of Focus Graphite’s Lac Knife deposit (indicated resource of 4.938 Mt grading 15.76% Cgr and inferred resource of 3 Mt grading 15.58% Cgr).

The map of the drill results can be found at: http://media3.marketwire.com/docs/carte_drill_results_en.pdf

The map of the helicopter-borne survey results can be found at: http://file.marketwire.com/release/carte_surveyresults_en.pdf

Update on La Blache Project

NEVADO management wishes to underscore that the La Blache Project (titanium-vanadium-iron) remains without question the Company’s flagship project. Since filing a NI 43-101 technical report with respect to the property, in July 2012, the Company has worked steadily to increase the project’s long-term value by focusing the bulk of its efforts on two strategic priorities: 1) seeking out and assessing competitive metallurgical processes for the low cost production of higher-quality titanium based products, and 2) identifying strategic partners to help with optimal project development and operation.

“While we are very pleased with the results obtained to date from exploration work on the Fermont graphite project – which, incidentally, perfectly illustrates the potential of our rich portfolio of mineral properties – we remain committed to developing the La Blache project, which we feel has mid-term potential to generate significant value for our shareholders,” Mr. Curtis concluded.

Quality Control

The 0.5-m to 1.5-m half-core samples were shipped to the ALS Minerals laboratory in Val-d’Or for sample preparation, with ALS Minerals in Vancouver performing the assays. These laboratories are ISO/IEC 17025:2005 certified and provide a very stringent quality assurance/quality control (QA/QC) program that includes systematic addition of blank, certified-standard and duplicate samples and check assays.

About Nevado Resources Corporation

NEVADO is a junior strategic metals company with properties in Northern Quebec. The Company is currently focused on advancing its world-class La Blache titanium-vanadium-iron project. NEVADO also owns the Fermont project, a graphite property adjacent to Focus Graphite’s Lac Knife deposit.

This news release was reviewed and approved by Michael Curtis, President and Chief Executive Officer of NEVADO. The technical content of this news release was reviewed and approved by Denis Villeneuve, Geo., a consultant for NEVADO and a Qualified Person under NI 43-101.

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 news release. The statements made in this news release that are not historical facts are “forward-looking statements” and readers are cautioned that any such statements are not guarantees of future performance, and that actual developments or results, may vary materially from those in these “forward-looking” statements.

Contact Information

  • NEVADO Resources Corporation
    Michael Curtis
    President and Chief Executive Officer
    (514) 303-7895
    www.nevadoresources.com

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Graphite Corp. Updates Grid Survey Activities at Historically Productive Alabama Property

Posted by AGORACOM-JC at 12:09 PM on Tuesday, February 19th, 2013

ELKO, NV–(Feb 19, 2013) – Graphite Corp. (OTCQB: GRPH) (“Graphite Corp.” or the “Company”), an exploration stage company focused on the evaluation, acquisition and development of domestic graphite mining opportunities, is pleased to provide an update of the ongoing grid survey underway at its 3,759.6 acre graphite-bearing properties on the Carr and Cahaba leases located in Clay County, Alabama.

Under the leadership of Company President Brian Goss, it is reported that the surface sampling and grid survey is underway and moving ahead as planned. Initial sampling focused on historical mine locations and expanded to known locations prospective for significant graphite shows. Based on those early results, sampling has now been extended to a comprehensive survey encompassing the largest sampling area to-date. Visual evaluation alone of each sample has identified varying grades with the majority of samples presenting visual graphite mineralization.

The Company has increased the proposed sampling grid based upon the visual confirmation of mineralization and tightened up the sample spacing in the mineralized areas. The survey was originally engineered to undertake an estimated 1,358 samples taken at surface along designated grid lines. The samples will be submitted to laboratory testing for graphitic carbon (Cg) and the data from the grid results is designed to test the width of the graphite bearing geologic formations.

Initial sampling limited to the old mine workings previously returned values ranging from a low of 2.2% up to 6.01% graphitic carbon in unconsolidated or semi-consolidated schist. The average of these samples was 3.54% graphitic carbon. Subsequent samples taken from several localities throughout the property offered uniform grades of over 2% crystalline flake graphite throughout. These findings are consistent with prior observations including historic reports from the U.S. Bureau of Mines. The majority of samples have mainly presented in very soft, strongly weathered rocks comprised of moderate to large (+50mesh) flakes.

Low-level geologic mapping and logging of rock types at each sample site is contributing to a geologic and geochemical data set aimed at delineating drill targets as part of plans for the commencement of a proposed drill program in order to confirm and provide a regulatory compliant evaluation of the underlying asset prior to commercial production.

Company President Brian Goss states, “So far the preliminary data indicates that the bulk of the disseminated graphite flakes contained in this promising location is pointing at an increasingly viable economic case for the development of plans for a pilot extraction and material processing plant. Over the next few weeks, we anticipate even more specific results as we receive returns from the assay lab. To-date our data continues to confirm our earliest impressions and while we aim for a prudent and cautionary approach, it’s satisfying to work on a property that is turning into a really interesting project.”

Additional details of the Company’s business, finances, appointments and agreements can be found as part of the Company’s continuous public disclosure as a reporting issuer under the Securities Exchange Act of 1934 filed with the Securities and Exchange Commission’s (“SEC”) EDGAR database. For more information, visit our website at www.graphite-corp.com and ensure you view our corporate video at: http://www.graphite-corp.com/investors/presentations.

About Graphite Corp. (OTCQB: GRPH)
Graphite Corp. is a publicly traded Elko, Nevada-based resource exploration stage company focused on the evaluation and development of graphite based deposits within the United States. The Company is positioning itself to emerge as a leading pure-play exploration company through the development of its current strategic land positions in Alabama and Montana straddling the heartland of America’s most significant graphite resources. The Company’s experienced geological team continues to pursue additional prospective graphite, precious metal, and rare earth opportunities to advance and develop into strategic assets that increase shareholder value. For more information, visit our website at www.graphite-corp.com.

Note Regarding Forward-Looking Statements
This release contains forward-looking statements that reflect the Company’s plans and expectations. In this press release and related comments by Company management, words like “expect,” “anticipate,” “estimate,” “probable,” “believe,” “forecast,” “objective,” “plan,” “goal” and similar expressions including references to historic data are used to identify forward-looking statements representing management’s current judgment and expectations about possible future events. Management believes these forward-looking statements and the judgments upon which they are based to be reasonable, but they are not guarantees of future performance and involve numerous known and unknown risks, uncertainties and other factors that may cause the Company’s actual results, performance, achievements or financial position to be materially different from any future results, performance, achievements or financial position expressed or implied by these forward-looking statements.

Contact Information

 

Contact:
GRPH Investor Relations
Phone: +1-888-278-7140
Email: [email protected]
Website: www.graphite-corp.com

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Lomiko Signs Strategic Alliance Agreement With Graphene Laboratories Inc. to Build Vertically Integrated Graphene Business Opportunities

Posted by AGORACOM-JC at 1:41 PM on Tuesday, February 12th, 2013

BREAKING… Lomiko Signs Strategic Alliance Agreement With Graphene Laboratories Inc. to Build Vertically Integrated Graphene Business Opportunities

  • Lomiko and Graphene Labs agree to co-develop a vertically integrated supply chain that includes a secure supply of high-quality graphite, cost-effective and scalable processing, tight quality control and integration of graphene-based products in end-user products. The parties will capitalize on the secure supply of high quality graphite, provided by Lomiko, and the extensive customer database and expertise in graphene materials brought by Graphene Labs.
  • Industrial clients include Fortune 500 companies involved in researching graphene and the development of graphene-related products.

View Press Release / Hub On AGORACOM / Corporate Website

VANCOUVER, BRITISH COLUMBIA and NEW YORK, NEW YORK–(Marketwire – Feb. 12, 2013) – LOMIKO METALS INC. (TSX VENTURE:LMR)(PINKSHEETS:LMRMF)(FRANKFURT:DH8B) (Europe: ISIN: CA54163Q1028, WKN: A0Q9W7) (the “Company”) announces a Strategic Alliance Agreement with Graphene Laboratories Inc. (“Graphene Labs”), a privately held New York company currently providing graphene to thousands of scientists at leading institutions around the globe; this includes academic universities, National Laboratories in many countries, and a broad spectrum of industrial entities. Industrial clients include Fortune 500 companies involved in researching graphene and the development of graphene-related products.

A. Paul Gill, CEO and Director of Lomiko states: “With over 7000 graphene patents filed world-wide and billions of dollars spent on research by governments and private investors, graphene is well positioned to reshape many multi-billion dollar industries. Our alliance opens a door for investors in North America who are looking to take part in the Graphene Revolution.”

Dr. Elena Polyakova, CEO/President of Graphene Labs, states: “As of today, Graphene Laboratories is a world leading manufacturer and supplier of graphene products to R&D markets. Our company has state-of-the-art equipment as well as an internationally recognized team of graphene experts. We have been experiencing an ever-increasing demand for large volumes of high quality graphene materials within the last year, and expect this trend to continue. In partnership with Lomiko, we will be well-positioned to address this challenge in a timely manner and to achieve market share in graphene production.”

Scope of the Strategic Alliance

Lomiko and Graphene Labs agree to co-develop a vertically integrated supply chain that includes a secure supply of high-quality graphite, cost-effective and scalable processing, tight quality control and integration of graphene-based products in end-user products. The parties will capitalize on the secure supply of high quality graphite, provided by Lomiko, and the extensive customer database and expertise in graphene materials brought by Graphene Labs.

Lomiko will provide mineral samples from the Quatre Milles Project required for testing natural high quality flake graphite for graphene conversion over the two year Agreement.

Graphene Labs will develop a feasible procedure for the purification of flake graphite for use in graphene production, and will provide guidance on technologies tailored to the production of graphene and graphene-related materials.

The Agreement also calls for joint Research and Development, Public Relations efforts, and business and marketing strategy for end uses of the graphite and graphene products. Lomiko will also have the option to provide equity financing(s) to Graphene Labs on an exclusive basis for two years providing that it meets Graphene Labs funding criteria of raising at least $ 500,000 US Dollars within eight months of the agreement,$ 1,000,000 US Dollars within twelve (12) months and $ 2,000,000 US Dollars within eighteen (18) months. If the conditions are not met, Lomiko loses the exclusivity but keeps the right to participate in financings on a non-exclusive basis.

The Agreement is subject to approval by the TSX.

Graphene Laboratories Inc. Background

Graphene Laboratories, Inc., located in Calverton, NY, specializes in the manufacture and sale of research materials to R&D markets, with the world’s largest selection of advanced and 2D materials. Having been first in the market to introduce graphene materials for research use, the company is working towards industrial-scale production of graphene and graphene-like materials, currently with pilot-scale production capabilities. The team at Graphene Laboratories are recognized experts in graphene materials, with staff regularly presenting at international conferences and exhibitions. Researchers at Graphene Labs also specialize in custom projects and R&D.

Graphene Laboratories Inc. operates both the Graphene Supermarket® (www.graphene-supermarket.com) and Maximum Materials™ (www.maximum-materials.com), and is a leading supplier of advanced 2D materials to thousands of customers around the globe. The company offers a wide variety of graphene materials, as well as other advanced 2D nanomaterials such as molybdenum disulfide, tungsten disulfide, and boron nitride products.

Lomiko Metals Inc. Background

Lomiko Metals Inc. is a Canada-based, exploration-stage company. The Company is engaged in the acquisition, exploration and development of resource properties that contain minerals for the new green economy. Its mineral properties include the Quatre Milles Graphite Property and the Vines Lake property which both have had recent major discoveries. In April, 2012, a 122 Ha zinc anomaly in soils was found on the Company’s 100% owned Vines Lake property. The Vines Lake property is located in the south western corner of the Cassiar Gold District. The Vines Lake property consists of fifteen claims comprising 5,290 hectares. On October 22 and November, 13 2012, Lomiko Metals Inc. announced 11 drill holes had intercepted several high grade intercepts at the 3,780 Ha Quatre Milles Property. The project is located 175 km north of the Port of Montreal and 26 km from a major highway on a well-maintained gravel road.

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.

Contact Information

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Small-Cap Graphite Feature – Focus Graphite Owns The Highest Grade Graphite Resource In The World: 8 Million Tons, 16% Graphite

Posted by AGORACOM at 10:40 AM on Tuesday, February 12th, 2013


43-101 resource of 8 million tons grading 16% graphite

Making the Lac Knife property the highest grade graphite resource in the world.

Focus Graphite is a sponsor of AGORACOM and GraphiteStocksBlog.com

  • Focus Graphite Inc announced that Grafoid Inc. – in which Focus Graphite holds a 40% ownership stake – has executed a three-year research and development agreement with Hydro-Québec’s Research Institute for the development of next generation rechargeable batteries using graphene with lithium iron phosphate materials.
  • Commercial target markets include – the rechargeable automobile battery sectors and batteries for mobile electronic devices used in smartphones, computing tablets and laptop computers

Corporate Website / Hub On AGORACOM

 

 

 

 

 

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Big North Graphite Samples From 40.23% to 66.98% Graphite in Preparation for the Re-Start of the Nuevo San Pedro Project, Sonora Mexico

Posted by AGORACOM-JC at 8:48 AM on Tuesday, February 12th, 2013

Feb 12, 2013 — Vancouver, B.C., February 12, 2013 – BIG NORTH GRAPHITE CORP. CA:NRT +18.75% (the “Company” or “Big North”), announced today the sample results from the Nuevo San Pedro Property, the Company’s principal property within its Mexican Graphite Project. The samples were taken in preparation for the re-starting of the Nuevo San Pedro Mine and included a sample of 66.98% graphite. An announcement on the re-start of the Nuevo San Pedro Mine will be made once final preparations are concluded.

The samples were taken during the due diligence property visit by R. Tim Henneberry, P.Geo., Big North’s independent QP. Three grab rock samples were taken. A grab sample from an active sub-drift face returned 66.98% graphite. A grab sample of the coarse fraction from a surface stockpile returned 40.23% graphite and a grab sample of the fine fraction from the same surface stockpile returned 49.48% graphite.

In November of 2012, the Company reported that Phase One of the development of the Nuevo San Pedro mine had been completed, including the delivery of heavy equipment and repair and construction of haul ways and existing access roads to the mine site were completed. Site prep and clearing at the mine site along with enlargement of stockpiling areas allowing for immediate sorting and shipping of mined graphite. The underground workings have been cleared and stabilized for safety and will allow for mining to begin immediately. Two new drills and support equipment and a compressor have been delivered and ready for use. Electric generator power and a cable winch have been installed for extracting graphite from the lower levels. The Company has obtained approval and permits for the use of explosives and the first holes were drilled and ready to blast.

The Nuevo San Pedro Mine is located in the San Jose de Moradillas region, a region that has produced graphite for more than 100 years. San Jose de Moradillas is located approximately 45 kilometers southwest of the city of Hermosillo, Mexico. The Nuevo San Pedro amorphous graphite mine previously produced graphite until 2002.

The samples were analyzed at Acme Analytical Laboratories Ltd. in Vancouver, British Columbia, an ISO 9001 certified lab. Acme employed the Group 2A-09 by Leco procedure where graphite carbon is determined by pre-igniting a prepared sample split at 600oC for 1 hour, leaching with HCl, then analyzing the residue by Leco.

Big North Graphite President Spiro Kletas commented, “We are very encouraged by these results and the Company continues to aggressively pursue the stated goal of re-starting the Nuevo San Pedro Mine.”

R. Tim Henneberry, P Geo., a consultant to Big North, is the Qualified Person as defined in National Instrument 43-101 who has reviewed and approved the technical content of this news release.

For further information please contact Spiro Kletas at (604) 629-8220.

ON BEHALF OF THE BOARD

(signed) “Spiro Kletas”

Spiro Kletas

President and Chief Executive Officer

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.

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.

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