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Diamond Frank Inc. Intersects Graphite on the Commandant Project

Posted by AGORACOM-JC at 10:22 AM on Wednesday, October 10th, 2012

LAVAL, QUEBEC–( Oct. 10, 2012) – Diamond Frank Exploration Inc. (TSX VENTURE:DOD) announces the results of its 2012 drilling campaign on the Commandant Project of which one drillhole has intersected two (2) graphitic bands.

The first drillhole (COM-12-01) initially planned for a depth of 500 meters, was extended to a depth of 648 meters. This drillhole has mainly intersected diorite units and highly to very highly sheared and deformed sediments (greywacke) and several tonalitic intrusions with centimetric to metric pegmatite dykes. Some pyroxenitic and grabbroic intrusions were also intersected. Some centimetric pyritic zones, with traces to 1% of chalcopyrite and pyrrhotite were intersected and well explain the targeted conductor.

The table below shows the best values obtained.

# DDH SAMPLE FROM (m) TO
(m)
LENGTH
(m)
Ag (ppm) Cr (ppm) Cu (ppm) Ni (ppm) Zn (ppm)
COM-12-01 K363185 68.50 69.50 1.00 0.5 168 237 166 1425
K363186 69.50 70.50 1.00 0.2 145 143 108 1085
K363187 70.50 71.50 1.00 -0.2 131 121 102 1315
K363188 71.50 72.50 1.00 0.3 152 230 132 1330
K363197 80.00 81.00 1.00 0.2 725 116 1095 90
K363198 81.00 82.00 1.00 0.3 573 60 1395 33
K363199 82.00 83.00 1.00 0.2 500 72 1310 40
K363207 116.50 117.50 1.00 0.2 984 172 1250 32
K363208 117.50 118.50 1.00 0.2 1115 43 1165 73
K363210 119.50 120.50 1.00 -0.2 135 198 93 1065
K363211 120.50 121.50 1.00 0.3 201 175 134 1905
K363212 121.50 122.50 1.00 -0.2 405 337 249 386
K363213 122.50 123.50 1.00 -0.2 1215 111 752 71
K363214 123.50 124.50 1.00 -0.2 1440 189 608 166
K363219 128.50 129.50 1.00 0.2 145 160 90 1025
K363220 129.50 130.50 1.00 0.2 344 213 167 561
K363221 130.50 131.50 1.00 -0.2 203 297 145 881
K363222 131.50 132.50 1.00 -0.2 141 131 105 1200

The second drillhole, (COM-12-02), planned for a depth of 800 meters, was extended to a depth of 946 meters. This drillhole has intersected lithological units similar to those of (COM-12-01). This drillhole targeted a geophysical anomaly (very strong conductor) which is explained by the presence of two (2) graphitic breccia zones within a strongly folded and deformed fine grained sedimentary sequence (greywacke). These graphitic zones show respectively relative thicknesses of 0.8 m and 0.3 m. Graphite is semi-massive to massive with medium grain size. Some centimetric sulphide-rich zones (pyrrhotite, pyrite and chalcopyrite) within a pyroxenitic unit were intersected and revealed some silver, chromium, copper, nickel and zinc anomalous values. (See table below)

# DDH SAMPLE FROM (m) TO
(m)
LENGTH
(m)
Ag (ppm) Cr (ppm) Cu (ppm) Ni (ppm) Zn (ppm)
COM-12-02 K363468 43.00 44.00 1.00 -0.2 134 262 333 1790
K363476 51.00 52.00 1.00 -0.2 141 151 322 1080
K363498 130.00 131.00 1.00 0.2 1120 5 745 56
K363499 131.00 132.00 1.00 -0.2 1000 169 1450 278
K362901 132.00 133.00 1.00 -0.2 1045 201 1515 62
K363036 642.00 643.00 1.00 0.3 1520 110 875 46
K363037 643.00 644.00 1.00 0.8 1990 13 665 165
K363042 648.00 649.00 1.00 2.6 16 561 254 2890
K363043 649.00 650.00 1.00 0.3 371 604 464 283
K363044 650.00 651.00 1.00 0.2 677 157 495 410
K363045 651.00 652.00 1.00 -0.2 557 26 284 129
K363046 652.00 653.00 1.00 0.6 139 719 450 433
K363047 653.00 654.00 1.00 0.4 24 1200 238 280
K363110 711 712 1 -0.2 1020 37 1015 24

Let’s recall that the Commandant Property is located at the limit between the Superior and Grenville Geological Provinces. An article on graphite was published October 3rd 2012 in “La Presse” newspaper, on pages 2 and 3 of the “Affaires” section.

ABOUT DIAMOND FRANK EXPLORATION INC.

Diamond Frank Exploration Inc. is banking on its properties’ excellent mineral potential for the development of new, world-class deposits.

For more information, visit SEDAR’s website at www.sedar.com or the company’s website at www.diamondfrank.com

The common shares of Diamond Frank Exploration Inc. are listed on the Venture Stock Exchange under the symbol “DOD”.

QUALIFIED PERSON

Mr. Daniel Gaudreault, P. Eng., Geol. (OIQ), from Geologica Groupe-Conseil Inc., is the Qualified Person as defined by National Instrument 43-101, to supervise the preparation of this press release.

Forward-looking statements

This news release contains statements that constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable securities legislation. This forward-looking information is subject to numerous risks and uncertainties, certain of which are beyond the control of Diamond Frank. Actual results or achievements may differ materially from those expressed in, or implied by, this forward-looking information. No assurance can be given that any events anticipated by the forward-looking information will transpire or occur, or if any of them do so, what benefits that Diamond Frank will derive therefrom. Forward-looking information is based on the estimates and opinions of Diamond Frank at the time the information is released and Diamond Frank does not undertake any obligation to update publicly or to revise any of the forward-looking statements, whether as a result of new information, future events or otherwise, except as may be required by applicable securities laws. 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

Atocha Completes Program on St. Sixte Graphite Property in Quebec

Posted by AGORACOM-JC at 5:32 PM on Tuesday, October 9th, 2012

October 9, 2012 – Vancouver, British Columbia, CANADA – Atocha Resources (the Company), TSX.V – ATT is pleased to announce its completion of the mapping and prospecting program on the Saint Sixte property.

Atocha’s Saint Sixte graphite property covers 1,740 hectares in the Grenville sub-province of the Precambrian Shield in Quebec.  The geological setting is considered to be favorable for deposits of graphite, gold, silver, copper, nickel, PGE (platinum group element) and REE (rare earth element) mineralization.

The Saint-Sixte property is located five kilometres west of the town of Saint-Sixte, Quebec just off Route 317, approximately 65 kilometres from Ottawa.  The property covers a known extension of an airborne magnetic low anomaly that extends directly from Soldi Ventures Inc. (TSX.V- SOV) Lochaber graphite property.  Located in a historic graphite mining district, it was initially explored for graphite in the early 1950′s and again in the 1980′s.

The Company hired a ground team to conduct a mapping and prospecting program to investigate the potential on the Saint-Sixte property.  Reconnaissance mapping of the area has been done and any significant rock samples will be sent for analysis to Activation Laboratories.  Updates on the results will be announced as soon as they become available.

The Saint Sixte property is 100% owned by Atocha as staked claims and is not subject to any NSR or work commitments.

The technical information in this news release has been reviewed by Derrick Strickland, P.Geo.

Shareholders and Investors are encouraged to sign up to the Company mail list in order to receive timely updates. Please visit www.atocharesources.com or email [email protected] to add your contact details.

ABOUT ATOCHA

Atocha is a natural resources company engaged in the acquisition and exploration of mining/exploration properties, mainly for gold and other precious metals.  The Company has a 100% undivided interest in the McGillivray and KO Properties, located in British Columbia.  Atocha owns the Sol Riche and Tresor Nord/Sud REE properties in Montviel Township in Quebec, the Trove, Descouverte and Bijou gold properties in the Abitibi of Quebec, the Montpellier and St. Sixte graphite properties in the Grenville region of Quebec, and the Stubble property in Saskatchewan. The Strike 101-114 gold claims near Dawson City, Yukon are under option to Goldstrike Resources as announced on May 15, 2012.

For further information on Atocha, please refer to www.sedar.com.

For further information, please contact:

Marcy Kiesman, Chief Executive Officer
Telephone: 604.696.1111
Facsimile: 888.266.3983
E-mail: [email protected]
Website: www.atocharesources.com

Forward-Looking Statement

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties, as it relates to Atocha Resources Inc., please refer to the Company’s Prospectus filed with SEDAR.

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

Zenyatta Ventures Achieves High Grade Purity of 97.2% C (Graphite) on First Test; On-Going Work Targets Greater Than 99.0% Purity

Posted by AGORACOM-JC at 9:10 AM on Thursday, October 4th, 2012

THUNDER BAY, ONTARIO–(Oct. 3, 2012) – Zenyatta Ventures Ltd. (“Zenyatta” or “Company”) (TSX VENTURE:ZEN) is pleased to announce that a first pass beneficiation test at SGS Canada Inc. (“Lakefield”) demonstrated a leaching process capable of producing a 97.2% C (total) graphite product from a rough concentrate. Work is on-going to target purity levels of >99.0% C with results from a second series of tests expected soon.

Aubrey Eveleigh, President and CEO, stated “It is very significant and remarkable to start with such a high purity level of greater than 97% graphite on the first test. Management is excited with the latest successful metallurgical developments and considers higher purity graphite achievable with fine-tuning of the process.”

In conjunction with Don Hains of Zenyatta, Lakefield metallurgical test work of the Albany graphite material continues to develop a simple concentration and leaching process to produce an ultra-high purity (>99.0% C) graphite product. Again, mineralogical work shows the graphite material to be very simple and contains insignificant amounts of undesirable material. This confirms an earlier mineralogical report prepared by Dr. Andrew Conly, Ph.D. of Lakehead University.

Aubrey Eveleigh also stated “Presently, Zenyatta’s Albany is the only new vein type graphite deposit being developed in the world. It is the only one of its kind outside of the mined vein type graphite deposits of Sri Lanka.”

Sri Lankan vein type graphite grades are available in purities ranging from 80-99% carbon with the majority above 90%. The Bogala Mine, a Sri Lankan graphite deposit, has been in production since 1847. It is a narrow (20cm), high grade underground mine. Sri Lankan graphite still enjoys great demand due to its unusually high purity and unique physical properties. Graphite veins are quite rare and in many industrial applications offer superior performance due to higher thermal and electrical conductivity.

The Albany (vein-type) graphite deposit is located 30km north of the Trans Canada Highway, power line and natural gas pipeline. A rail line is located 70km away and an all-weather road approximately 4-5km from the graphite deposit. The Albany deposit is near surface, underneath glacial till overburden.

The outlook for the global graphite market is very promising with demand growing rapidly from new applications in clean technology. China produces over 70% of global supply and, like other commodities, now has less available for export as domestic demand grows. As global demand outstrips supply, graphite prices have increased substantially, more than doubling over the past three years.

Graphite is a natural form of carbon with the chemical formula C, which it shares with diamond and coal. It is now considered one of the more strategic elements by many leading industrial nations, particularly for its growing importance in high technology manufacturing and in the emerging “green” industries, such as electric vehicle components. The application for graphitic material is constantly evolving due to its unique chemical, electrical and thermal properties. It maintains its stability and strength under temperatures in excess of 3,500°C and is very resistant to chemical corrosion. It is also one of the lightest of all reinforcing elements and has high natural lubricating abilities. Some of these key physical and chemical properties make it critical to modern industry.

Mr. Aubrey Eveleigh, P.Geo., President and CEO, is the “Qualified Person” under NI 43-101 and has reviewed the technical information contained in this news release. Analyses were carried out by SGS Canada Inc. lab using a total carbon (LECO) method. To find out more on Zenyatta Ventures Ltd., please visit website www.zenyatta.ca.

This News Release includes certain “forward-looking statements”. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management’s expectations. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, “should” or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company’s mineral properties, and the Company’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this news release. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. The Company does not undertake to update any forward-looking statement that may be made from time to time by the Company or on its behalf, except in accordance with applicable securities laws.

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

 

Zenyatta Ventures Ltd.
807-346-1660
[email protected]
www.zenyatta.ca

Bracemac-Mcleod Continues on Target, Exploration Drilling Intersects 2.83% Copper, 13.09 g/t Silver and 0.13 g/t Gold Over 19.35 Metres

Posted by AGORACOM-JC at 3:40 PM on Tuesday, October 2nd, 2012

The company recently reported on exploration results for drilling conducted in the vicinity of the Bracemac-McLeod Deposit and within the 4,737 square kilometre Matagami Project as reported to the Company by partner and project operator Xstrata Canada Corporation-Xstrata Zinc Canada Division.

Renewed exploration diamond drilling up-dip from the McLeod Zone has discovered new copper mineralization within a laterally extensive chlorite alteration zone, including 2.83% copper over 19.35 metres intersected in hole MCL-12-16, drilled 45 metres up-dip from previous drilling on the McLeod Zone. Two drills are currently active on the project.

The Donner – Xstrata team discovered the proven and probable mining reserves of 3.73 million tonnes grading 9.60% zinc, 1.26% copper, 28.25g/t silver and 0.43g/t gold that support an initial 4 year mine plan. In close proximity to these reserves are inferred resources of 2.63 million tonnes grading 8.78% zinc, 1.31% copper, 38.83g/t silver and 1.06g/t gold. Mineralization is open in many parts of the deposit and exploration potential is considered excellent. Relative interests in the deposit are Donner 35% and Xstrata 65%.

Donner Metals Goes Beyond the Press Release to discuss recent Results.

Cambridge House Presentation – September 2012

Corporate Website / AGORACOM Hub

Focus Graphite Updates the Timing of a PEA for its Lac Knife, Quebec Graphite Resource

Posted by AGORACOM-JC at 11:17 AM on Tuesday, October 2nd, 2012

OTTAWA, ONTARIO–(Oct. 2, 2012) – Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) (“the Company”) wishes to provide the following shareholder update regarding the timing of the release of its NI 43-101 compliant Preliminary Economic Assessment (PEA) and supporting Technical Report (the “Technical Report”) for its Lac Knife, Quebec graphite resource.

Due to a requirement set by the Ontario Securities Commission to file the Technical Report on SEDAR by no later than October 31, 2012, the Company will be issuing a news release summarizing the results of the PEA together with the Technical Report on or before October 31, 2012. Roscoe Postle Associates is completing this report for Focus.

About Focus Graphite

Focus Graphite Inc. is an emerging mid-tier junior mining development company, a technology solutions supplier and a business innovator. It is the owner of the NI 43-101 compliant Lac Knife graphite deposit grading 16% carbon as graphite. The company’s goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus Graphite is invested in the development of graphene applications and patents through Grafoid Inc.

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.

Strike Graphite Intersects Significant Flake Graphite During 2012 Drill Campaign

Posted by AGORACOM-JC at 9:35 AM on Tuesday, October 2nd, 2012

VANCOUVER, BRITISH COLUMBIA–(Oct. 2, 2012) – Strike Graphite Corp. (TSX VENTURE:SRK) (the “Company”) is pleased to report drill results for the spring 2012 exploration program at the Simon Lake Graphite Property, located in north-central Saskatchewan.

Blair Way, CEO remarks, “These initial drill hole results are very exciting and continue to verify our interpretation of continuity for the 25 k strike length of the EM conductor. The high graphitic carbon content and potential scale of the Simon Lake graphite occurrences warrant follow up metallurgical test work to confirm flake size distribution and more drilling along the strike length of the conductor.”

During late spring, the company completed four diamond drill holes within the historic Simon Lake trend (see attached location map or click the following link: http://www.strikegraphite.com/Simon-Lake-Geophysics-DDH-Sept-25.pdf). Three conductive zones were targeted, and tested small portions of the approximately 25 kilometre conductive trend. Results of the exploration program confirm substantial widths to the graphitic horizon; which are thought to form a continuous mineralized horizon that continues to surface.

Highlights:

  • Hole SL-12-002: 93.8m of 2.11% Cg, including 32.8m of 3.30% Cg
  • Hole SL-12-003: 25.3m of 3.00% Cg, including 11.2m of 5.03% Cg
  • Hole SL-12-004: 25.1m of 3.21% Cg, including 15.2m of 4.46% Cg

Discussion:

The results of the 2012 drill campaign confirmed the presence of significant flake graphite at the Simon Lake Property. During the 4th quarter of 2012, this will be confirmed by mineralogical and metallurgical testwork of representative drill-core material to quantify the flake size distribution of graphite.

The graphitic horizon was tested at a depth where measurements of continuity and thicknesses could be interpreted. The graphitic horizons are interpreted to continue to near surface by geophysical modeling, structural measurements and historic mapping of outcrops.

The graphitic horizon at the northern end of the property, intersected by holes SL-12-001 and SL-12-002, is interpreted to dip at an angle of approximately 40 to 50 degrees, and is interpreted to continue close to surface.

The graphitic horizon within the southern parts of the project area, appears folded, and where tested, displays a consistent thickness and grade; and is near flat-lying with an apparent dip of approximately 9-degrees. At this location, the graphitic horizon was intersected at a depth of approximately 110 metres from the surface, and is interpreted to continue close to surface to the north.

The zinc-lead mineralization found in hole SL-12-001 is an example of the 1970’s and 1980’s targeted exploration for Sedex-style deposits. The high-grade zinc mineralization, although narrow, is significantly higher than many of the showings in the Wollaston Domain, and is therefore thought to be significant.

Results:

Results of graphitic intervals have been compiled into the following table:

From
(m)
To
(m)
Interval
(m)
C-graph
(%)
Zn
(%)
Pb
(%)
SL-12-001 45.7 69.5 23.8 2.17
including 45.7 51.8 6.1 4.58
and 93.5 102.2 8.6 1.92
including 93.5 95.3 1.8 4.93
and 204.6 206.3 1.7 5.49 0.66
and 224.7 226.0 1.2 8.66 0.22
SL-12-002 74.7 106.4 31.7 3.08
including 74.7 91.0 16.3 3.78
including 85.0 89.0 4.0 5.08
and 127.0 220.8 93.8 2.11
including 188.1 220.8 32.8 3.30
including 203.0 211.0 8.0 4.74
SL-12-003 181.9 207.3 25.3 3.00
including 181.9 197.0 15.1 4.29
including 184.8 196.0 11.2 5.03
SL-12-004 120.2 145.3 25.1 3.21
including 120.2 135.3 15.2 4.46

Drill hole SL-12-001 verified the intervals of graphite within historic hole E42-5, which encountered a graphitic biotite gneiss, with core descriptions of “disseminated graphite” or “coarse graphite flakes”, with narrower intervals described as “graphite flakes abundant” and “heavy graphite in 6 to 12 inch bands”. Hole SL-12-001 was drilled with an azimuth of 141° and a dip of -45°. The hole was drilled to a depth of 241m to fully test the geology of the conductor within this area. Near the end of the hole, two sphalerite-bearing horizons were encountered, one from 204.6m to 206.3m (1.7m interval) encountered an average of 5.49% zinc and 0.66% lead. A second horizon from 224.7m to 226.0m (1.2m interval) averaged 8.66% zinc and 0.22% lead. The aforementioned intersections encountered only trace to 5g/t levels of silver and below detection limits for gold.

Drill hole SL-12-002, collared approximately 5.5 kilometres northeast of SL-12-001, verified the historic intervals of graphite within historic drill hole 2-72, which encountered a graphitic biotite gneiss with descriptions of “abundant graphite” over a 68 m interval. Hole SL-12-002 was drilled with an azimuth of 153° and a dip of -45°.

Drill holes SL-12-003 and SL-12-004 were collared approximately 8 kilometres southwest of SL-12-001, and targeted the strong EM anomaly discovered in the winter 2012 airborne survey. The holes, located only 382 metres apart, were drilled with an azimuth of 345° and a dip of -70°. The rational of hole SL-12-004 was to test the graphitic horizon at a potentially shallower depth, and succeeded in locating the horizon approximately 50 metres closer to surface.

Future Plans:

Drill-core from the 2012 program will be sent for preliminary metallurgical testing which will determine the flake size distribution and recoveries.

The Satterly Lake gold property is drill ready and it is anticipated that this drilling will take place 4th quarter 2012. Satterly lake is a two block property package comprising a total of 1,600 hectares located in close proximity to the south and west of Gold Canyon Resources’ Springpole Gold Project where consistently good exploration results have been demonstrated.

Future exploration will test the Simon Lake graphite trend along strike, as only a small portion of the 25 kilometer long conductive trend has been tested by drilling.. The metallurgical testing will act as an additional guide to target those graphitic zones, with favorable flake-size distribution.

The Simon Lake Graphite Project covers 11,800 hectares, and is located approximately 300 km northeast of La Ronge, Saskatchewan and is intersected by Highway 905. The property consists of several showings of flake graphite mineralization in historic drill holes, which were discovered during the exploration of base metals during the 1960’s and 1970’s.

Neil G. McCallum, P.Geo., is a Qualified Person pursuant to NI 43-101, and has reviewed and approved the technical disclosure of this news release.

Notes:

  • Drill hole intervals reported herein are not true widths, which cannot be determined due to uncertain geometry of mineralization at this time.
  • Drill hole intervals are weight-averaged based on the sample width. No internal cut-off grades were used in the reported intervals.
  • Actlabs of Ancaster, Ontario was utilized during routine analysis.
  • Graphitic Carbon is reported by LECO whereby the pulp is either digested with hydrochloric and perchloric acids, or subjected to a multistage furnace treatment to remove all forms of carbon with the exception of graphitic carbon.
  • Silver and gold are reported as gravimetric fire-assay; zinc and lead are reported as 4-acid ICP assay.
  • A quality assurance, quality control (QA/QC) program was employed by utilizing, blanks and duplicates as per industry best standards.

About the Company:

Strike Graphite Corp. is a progressive exploration company with seasoned management targeting strategic assets on a global scale. In addition to the Deep Bay East and Simon Lake graphite properties, the Company is also active advancing its Wagon Graphite property in Quebec next to the Timcal Graphite mine. The company is also advancing the Satterly Lake gold project in NW, Ontario, located just west of Gold Canyon Resources Inc.

On behalf of the Board of Directors,

Blair Way, C.E.O.

For more information on the above or to view the Company’s Corporate Presentation on its Graphite assets and opportunity, please visit the Company’s website at www.strikegraphite.com.

We seek safe harbor.

Contact Information

Focus Graphite Inc. Appoints Dr. Joseph E. Doninger Director of Manufacturing and Technology

Posted by AGORACOM-JC at 3:43 PM on Monday, October 1st, 2012

OTTAWA, ONTARIO–(Oct. 1, 2012) – Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) the “Company,” is pleased to announce the appointment of Dr. Joseph E. Doninger as Director of Manufacturing and Technology. The appointment is effective Oct. 1, 2012.

Dr. Doninger is the developer and co-developer of a number of U.S., European and Canadian patents and patent applications related to carbon processing methodologies and processing equipment.

Also, a chemical engineer, Dr. Doninger is the author and co-author of some two dozen technical papers and studies related to graphite composite anodes; carbon-based materials for electrochemical energy storage systems; advanced graphite for Li-Ion batteries and other related publications.

“Dr. Doninger’s international credentials and experience dovetail with Focus Graphite’s mine-to-market-technology business objectives. His broad responsibilities include leading our team in meeting those objectives at our future mine site and at our planned processing facilities in Varennes, Quebec,” said company President and CEO, Gary Economo.

“We are extremely pleased to have secured Dr. Doninger’s participation as a key member of our management team,” Mr. Economo said.

“Dr. Doninger is not only an industry innovator, he is an industry insider with an established and successful senior management background with Chicago-based Superior Graphite among other internationally recognized graphite technology companies,” Mr. Economo added.

Dr. Doninger’s academic background includes an Honorary Professorship at the Department of Chemistry, Kiev National University of Design and Technology; a Doctorate of Philosophy in Chemical Engineering and Master of Science, Chemical Engineering, Northwestern University, and; a Bachelor of Science Degree in Chemical Engineering, University of Illinois.

As a consulting engineer, Dr. Doninger served as President of Dontech Global, Inc. During his 17-year career with Superior Graphite Co., he held the posts of Senior Vice President, Engineering and Product Commercialization, Vice President, Manufacturing, and Vice President, Technology.

His corporate background also includes that of Vice President, Sales and Marketing, Minerals Group, Applied Industrial Materials Corp, of Deerfield, IL; and, General Sales and Marketing Manager, International Minerals and Chemical Corp., of Libertyville, IL.

About Focus Graphite

Focus Graphite Inc. is an emerging mid-tier junior mining development company, a technology solutions supplier and a business innovator. It is the owner of the NI 43-101 compliant Lac Knife graphite deposit grading 16% carbon as graphite. The company’s goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus Graphite is invested in the development of graphene applications and patents through Grafoid Inc.

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

Northern Graphite Commences Drill Program at Bissett Creek

Posted by AGORACOM-JC at 10:11 AM on Monday, October 1st, 2012

OTTAWA, ONTARIO–(Oct. 1, 2012) – Northern Graphite Corporation (TSX VENTURE:NGC)(OTCQX:NGPHF) announces that it has commenced a drill program on its Bissett Creek graphite project consisting of approximately 3,000 meters of drilling in 65 holes. The drill program is designed to follow up on opportunities identified in the recently completed bankable feasibility study (“FS”) to further improve the already attractive economics of the Bissett Creek project.

The main objective of the drill program is to upgrade inferred resources both within and outside the FS pit shell to the indicated category. The FS considers approximately 1.5 million tonnes of inferred resources within the pit as waste and includes the processing of a low grade stockpile that exceeds 2.5 million tonnes. Upgrading the inferred resources within the pit to the indicated category, and substituting higher grade material from outside of the FS pit for the low grade stockpile, could result in an increase in grade and a further reduction in operating costs. Of particular interest are the higher grade inferred resources located off the eastern end of the FS pit (see figure 1: http://media3.marketwire.com/docs/FIGURE-1.jpg). The Preliminary Economic Assessment on the Bissett Creek project states that there is a relatively high probability that inferred resources can be upgraded due to the thick, flat lying and continuous nature of the mineralization. However, the inferred resources do yet not have demonstrated economic viability and are not mineral reserves.

The Company has retained AGP Mining Consultants Inc. (“AGP”) to update the current resource and reserve estimates, mine design and economic model once the new drilling results are available which is expected to be before year end. In addition, AGP will review assay methodologies and procedures to investigate the fact that graphite production, based on calculated head assays from the locked cycle test program, was up to 12% higher than expected based on the initial assay grade of the samples.

Gregory Bowes, CEO, stated that “The FS is based on 23 years of indicated resources but this does not represent the best 23 years. We have an additional 50+ years of inferred resources at planned production rates. The drill program will enable us to optimize the first 20 years and demonstrate that the project has very solid economics even in a low graphite price environment. Operating costs over the first five years of operation were estimated at $851/tonne of concentrate in the FS which assumed contract mining. Owner mining is expected to reduce them to approximately $800/tonne with further decreases possible based on the results of the drill program and assay review.”

The Graphite Market

Graphite demand and prices have increased substantially over the past few years due to the ongoing modernization of China and other emerging economies which has resulted in strong demand from traditional steel and automotive markets. In addition, new applications such as lithium ion batteries, vanadium redox batteries, fuel cells and nuclear power have the potential to create significant incremental demand growth.

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 proposed a new set of rules and standards for graphite mines which will make them much more difficult to operate and build. The recent proposals on new mines are the third major graphite supply related announcement out of China this year and follow calls for REE type protection from the largest Chinese graphite producer and the formation of a state owned amorphous graphite monopoly. Due to the expectation that Chinese graphite production and exports could decline at a time when demand is appears ready to grow rapidly, both the European Union and the United States have declared graphite a supply critical mineral.

Northern Graphite Corporation

Northern Graphite Corporation is a Canadian company that has a 100% interest in the Bissett Creek graphite deposit located in eastern Ontario. The completion of the bankable Feasibility Study has established Northern as the industry leader with a large flake, high purity, scalable deposit that is located close to infrastructure and has 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 has been reviewed and approved by Don Baxter, P.Eng, President of the Company and a non-independent “Qualified Person” under NI 43-101.

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.

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

Berkwood Commences 2012 Fieldwork at Lac Gueret East Graphite Property in Quebec

Posted by AGORACOM-JC at 9:58 AM on Friday, September 28th, 2012

VANCOUVER, British Columbia, Sept. 27, 2012 – Berkwood Resources Ltd. (TSX-V: BKR; OTC-PINK: CZSVF) ( “Berkwood”) is pleased to announce that it has commenced field work on its Lac Gueret East Graphite Property, located approximately 290 km north of Baie-Comeau, Quebec.

The objective of the Phase 1 work program is to delineate prospective Graphite zones, beginning with an airborne electromagnetic survey, surface work follow up, and compilation of historic geological data. The work program will be performed by EarthMetrix of Mont-Laurier, QC.

The company intends to follow Phase 1 with a Phase 2 work program, consisting of stripping, trenching and sampling. The objective of Phases 1 and 2 is to generate targets for drill testing in a potential Phase 3 work program, as timing and funds permit. The results from the Phase 1 program will be released when received by the company.

This news release has been reviewed and approved by Alain Moreau, P. Geo., who supervised the preparation of the technical information in this news release. Alain Moreau is a Qualified Person as defined by National Instrument 43-101.

Lac Gueret East Graphite Property:

The Lac Gueret East Graphite Property (the “Property”) consists of 59 claims totalling 3186 Ha and borders the eastern boundary of Mason Graphite’s advanced Lac Gueret Property. A technical report by Tekhne Research on Mason Graphite’s Lac Gueret Property estimated a resource of 7.5 million tonnes grading 20.4% Graphite.

The Lac Gueret East Graphite Property has similar geological characteristics as that observed at Mason Graphite’s Lac Gueret Property located adjacent and to the west of the Lac Gueret East Graphite Property. The Lac Gueret East Property is situated in the Paleoproterozoic Gagnon Terrain which is considered a para-autochton unit fertile for graphite in the Grenville Province of Quebec and includes biotite/garnet/sillimanite/graphite paragneisses, dolomitic marbles and intrusive rocks. Graphite in the area is present in marbles and in contact with or within paragneisses and ranges from 3% to 40% Cg (Carbon Graphite) exhibiting flakes up to 5 mm in diameter. Large flake graphite is generally considered from 0.2 mm or more in size. The Lac Gueret East Graphite Property is within three hours of Baie-Comeau by road and is easily accessible via numerous tertiary and forest roads.  Property maps and details are available on the Berkwood website, please click here.

Investors are cautioned that the graphite mineralization in the adjacent property is not an indication that similar mineralization will be found in the Lac Gueret East Graphite Property, which is still in an early stage of exploration.

About Berkwood Resources:

Berkwood holds a 100% interest in the Prospect Valley Gold Property near Merritt, BC.  To date, several areas of gold mineralization have been identified on the 10,871 Ha property.  The majority of historic drilling has taken place in the centre of the claim block along the Discovery Trend.  To date this drilling has outlined an extensive low grade epithermal gold system with indications of potential for additional and higher grade mineralization (see Berkwood news release dated January 25, 2012 for details). The zones remain open for expansion and other known zones of gold mineralization have yet to be drilled.

If you are not currently on the Berkwood Resources news and updates list, you can opt-in via the Berkwood website by clicking here. News Releases and exploration updates are emailed to list members who wish to keep up to date with Berkwood Resources and our projects.

On Behalf of Berkwood Resources

“Brian Buchanan”

Brian Buchanan, President and Director

For additional information please contact:

Karim Sayani, Corporate Communications
Tel: (604) 662-7455 E-mail: [email protected]

Tom Steer, Media Relations Manager
Tel: (604) 681-5556 E-mail: [email protected]

Forward Looking Statements
This Berkwood News Release may contain certain “forward-looking” statements and information relating to Berkwood that are based on the beliefs of Berkwood’s management as well as assumptions made by and information currently available to Berkwood’s management. Such statements reflect the current risks, uncertainties and assumptions related to certain factors including, without limitation, competitive factors, general economic conditions, relationships with strategic partners, governmental regulation and supervision, seasonality, technological change, changes in industry practices, and one-time events. Should any one or more of these risks or uncertainties materialize, or should any underlying assumptions prove incorrect, actual results and forward-looking statements may vary materially from those described herein. Except as required by law, Berkwood does not assume the obligation to update any forward-looking statement.

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.

SOURCE Berkwood Resources Ltd.

The Great Graphite Supply Shakeup: Simon Moores

Posted by AGORACOM-JC at 9:23 AM on Wednesday, September 26th, 2012

Investors who remember the lithium boom (and bust) a few years ago may be twice shy to enter a space with big upside potential tied to electric vehicles. But the parallels between graphite and lithium are superficial, insists Simon Moores, analyst with Industrial Minerals. Graphite, unlike lithium, supplies layers of demand, with reliable end-users in the steel industry. Meanwhile, China’s production lull is making way for market entrants. In this interview with The Critical Metals Report, Moores profiles graphite miners around the world competing for the market’s attention.

The Critical Metals Report: The graphite market is one commodity sector that is getting increased interest over the past year or two. What’s the best way to participate in this market?

Simon Moores: Because the graphite market is dominated by Chinese companies and private companies, juniors are really the only way to participate directly in this market. The non-Chinese major players, like TIMCAL Graphite & Carbon in Canada, are part of larger minerals companies. So when you invest in Imerys (NK:PA), which is the parent company, you’re not investing in an exclusively graphite-focused company. Graphite is only a tiny percentage of its business. Many of the other major non-Chinese companies in the market are private, such as Nacional de Grafite in Brazil, as well as a number of smaller private producers in Zimbabwe, Austria, Russia and Norway. Ultimately, your most direct option is to go for the juniors.

TCMR: Who are the main graphite consumers?

SM: Graphite’s current demand is mainly driven by industrial uses, metal production being the most important. Steel is the main driver of the graphite market on two fronts. First is in refractories, which is the biggest end use. Refractories are used to line huge steel kilns and as protective linings in bricks. Graphite is also used as an additive, in what is called a “recarburizer.” Steel demand has historically driven the graphite market, accounting for approximately 39% of the market.

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