- Start of drilling and trenching at it’s 100% owned Buckingham graphite project in Quebec
- To date one hole and two trenches have been completed, all of which show visible graphite mineralization
Toronto, Ontario–(August 17, 2017) – CKR Carbon Corporation. (TSXV: CKR) (FSE: CB81) (“CKR” or the “Company”) an integrated graphite to hybrid graphenes advanced nano material development company is pleased to announce the start of drilling and trenching at it’s 100% owned Buckingham graphite project in Quebec. To date one hole and two trenches have been completed, all of which show visible graphite mineralization.
Graphite in the first hole occurs in mineralized marble from 20 metres to 30 metres and from 50 to 107 metres, with un-mineralized quartzite in between. Graphite also occurs in marble in the second hole from 10 metres to 28 metres which is the current depth of the hole.
Trenching is following up on electromagnetic anomalies determined by an airborne survey carried out in the fall of 2016. Two trenches have been completed, the first of which uncovered graphite mineralized marble with the graphite mineralization easily identified by blue-grey coloured smearing in the bottom of the trench (see Figure 1). The second trench also shows marble hosted graphite mineralization with the north wall of the trench appearing to be well mineralized (see Figure 2). The graphite mineralization uncovered by the trenches extends the known mineralization in the Case Zone a further 300 metres along strike to the south.
Figure 1. Blue grey smearing of graphite mineralized marble on floor of trench
Cannot view this image of Figure 1? Please visit [http://orders.newsfilecorp.com/files/4616/28508_a1502978771938_43.jpg] to view this image
Figure 2. Graphite mineralization in wall of trench
Cannot view this image of Figure 2? Please visit [http://orders.newsfilecorp.com/files/4616/28508_a1502978772016_58.jpg] to view this image
“We are pleased with the initial results of our drilling and trenching program at the Buckingham Project,” said Roger Moss, Chief Executive Officer of CKR Carbon. “We look forward to providing updates as the work continues.”
The technical content of this News Release was approved by Roger Moss Ph.D., P.Geo, a qualified person as defined by National Instrument 43-101.
About CKR Carbon Corporation
CKR Carbon Corporation is an advanced materials company focused on mine to market commercialization of graphite products most notably high value graphene based components for a range of mass market products. We are collaborating with a leading European manufacturer of graphenes to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The company is listed on the TSX Venture Exchange under the symbol CKR.
About the Buckingham Project
The 100%-owned Buckingham Graphite Property is located 7 kilometres northwest of the town of Buckingham, Quebec, Canada and consists of eight claim blocks totaling 480 hectares. Well-maintained bush roads provide easy access to the property. The property lies within the Central Metasedimentary Belt of the Grenville Geologic Province with graphite occurring disseminated in paragneiss and within veins hosted within pegmatite, diopside skarn, marble and gneiss.
Two graphitic zones, the Uncle Zone and the Case Zone have been discovered to date, with both zones showing high grade occurrences of disseminated flake and vein type graphite and yielding assay values as high as 81.1% Cg. Initial crushing and flotation of two samples from the Uncle zone has achieved purity up to 99.4% Cg from a single flotation test without process optimization (see news release dated February 17, 2015).
For more information: visit the website at www.ckr-carbon.com or contact:
Roger Moss, CEO, +1 416-704-8291 E-mail inquiries: [email protected]
For graphite product enquiries:
Arno Brand, +1 416-561-4095 [email protected]
“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.”
FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Â Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com)
