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WATCH: Northern Graphite, Otis Gold and Iplayco Featured on Episode 10 of the Next Biggest Winner TV Show

Posted by AGORACOM-JC at 10:29 AM on Monday, June 24th, 2013

We are pleased to announce that Episode 10 of The Next Biggest Winner, a leading and nationally televised investment show focusing on small-cap and mid-cap companies aired this past weekend.

EPISODE 10 GUESTS

Northern Graphite Corporation (TSX VENTURE:NGC)

Otis Gold Corp. (TSX VENTURE:OOO)

Iplayco Corporation Ltd (TSX VENTURE:IPC)

SEGMENT 1 – Gregory Bowes, CEO and Director of Northern Graphite joins us to discuss the overall graphite market and the advancement of the Bissett Creek mining lease and surrounding claims. Bissett Creek hosts NI 43-101 Measured and Indicated resources of 69.8 million tonnes grading 1.74% graphitic carbon (“Cg”) and 24 Million tonnes Inferred grading 1.65% graphitic carbon (“Cg”) based on a 1.02% Cg cutoff grade.

SEGMENT 2 – Craig Lindsay, President & CEO of Otis Gold Corp joins us to discuss the company’s Kilgore Gold deposit which contains a NI 43-101 Indicated Resource of 520,000 oz Au in 27.4 million tonnes at a grade of 0.59 g/t Au and an Inferred Resource of 300,000 oz Au in 20.2 million tonnes at a grade of 0.46 g/t Au.

Max Liszkowski, CFO of Iplayco Corporation Limited then takes the stage to discuss the companies recently awarded $2.3M sales agreement as well as the operation of a family entertainment center.

SEGMENT 3 – Round table! All three guests take the stage to participate in a round table discussion with host George Tsiolis.

Northern Graphite, Otis Gold and Iplayco Featured on Episode 10 of the Next Biggest Winner TV Show This Weekend

Posted by AGORACOM-JC at 11:32 AM on Thursday, June 20th, 2013

TORONTO, ONTARIO–(June 20, 2013) – The Next Biggest Winner, a leading and nationally televised investment show focusing on small-cap and mid-cap companies, is pleased to announce Episode 10 will be airing across Canada this weekend.

EPISODE 10 GUESTS

Northern Graphite Corporation (TSX VENTURE:NGC)

Otis Gold Corp. (TSX VENTURE:OOO)

Iplayco Corporation Ltd (TSX VENTURE:IPC)

Gregory Bowes, CEO and Director of Northern Graphite will discuss the overall graphite market and the advancement of the Bissett Creek mining lease and surrounding claims. Bissett Creek hosts NI 43-101 Measured and Indicated resources of 69.8 million tonnes grading 1.74% graphitic carbon (“Cg”) and 24 Million tonnes Inferred grading 1.65% graphitic carbon (“Cg”) based on a 1.02% Cg cutoff grade.

Craig Lindsay, President & CEO of Otis Gold Corp joins us to discuss the company’s Kilgore Gold deposit which contains a NI 43-101 Indicated Resource of 520,000 oz Au in 27.4 million tonnes at a grade of 0.59 g/t Au and an Inferred Resource of 300,000 oz Au in 20.2 million tonnes at a grade of 0.46 g/t Au.

Max Liszkowski, CFO of Iplayco Corporation Limited joins us to discuss the companies recently awarded $2.3M sales agreement as well as the operation of a family entertainment center.

PROUD SPONSORS

We are proud to announce that UC Resources (TSX VENTURE:UC) and Pacific Potash (TSX VENTURE:PP) will serve as anchor sponsors for all 30 episodes of Season 2. Both companies appeared in Episode 4 and will also be appearing on future episodes.

In addition, Marketwired is the official Media Partner of The Next Biggest Winner and distributor of this press release.

NEW SEASON, NEW HOST

Season 2 promises to be even better than Season 1 with the addition of our new host, George Tsiolis. As the Founder of AGORACOM.com George brings his significant knowledge and experience of small-cap markets to the show, insuring robust interviews and information for the benefit of our viewing audience.

Tsiolis stated “The Next Biggest Winner fills a significant void in Canadian Business Media by strictly focusing on emerging companies capable of becoming .. The Next Biggest Winner. Show creators Jamie Bailey and Metaphoria Productions smartly recognized there is no other nationally televised show of its kind and now provide small cap companies and investors everywhere with a great platform to connect. The production quality in our state of the art studio is second to none. I’m proud to be a Co-Producer for Season 2 and beyond!”

TELEVISION BROADCAST DETAILS

The show airs nationally on television via iChannel in prime time as follows:

WHEN: Saturday June 22nd 7:30 PM EST (Also 8:30 AM & 3:30 AM)
Sunday June 23rd 6:30PM EST (Also 7:30 AM & 2:30 AM)
WHERE: iChannel (See listing below or check iChannel for your local area)
http://www.ichannel.ca/the-next-biggest-winner/whats-on/
Bell Channel 514 Across Canada
Cogeco Channel 136 in Ontario and Quebec
MTS TV Channel 282 in Manitoba
Rogers Channel 197 in Ontario, Quebec, Nova Scotia, New Brunswick
Shaw Cable Channel 110 in BC / Channel 95 Everywhere Else
Shaw Direct Channel 593 (Classic) Channel 222 (Direct)
Source Cable Channel 174 Ontario
Telus TV Not Available Yet
Videotron Channel 146 in Quebec

About The Next Biggest Winner

The Next Biggest Winner is a television interview series for Canadian investors dedicated to identifying companies poised for growth. If your company believes it is The Next Biggest Winner and would like to appear on the show, please contact us below.

To watch a sneak peek of this episode, as well as, previous full episodes click here.

Contact Information

 

Metaphoria Productions
Jamie Bailey
Creator and Producer
[email protected]

AGORACOM
agoracom.com/services

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

Company can’t explain graphite stock’s sudden gleam

Posted by AGORACOM-JC at 9:36 AM on Wednesday, January 2nd, 2013

OTTAWA — Northern Graphite Corp. said Monday it knows of no reason for a run on its stock that almost tripled the share price in late December.

The Ottawa-based mining company was trading for just 58 cents on Dec. 14 before the run-up took the price to $1.52 on Friday.

After its Monday assertion that it could offer no specific cause for the increase, shares fell to 98 cents in heavy trading on the Toronto Stock Exchange before recovering to $1.10 by early afternoon.

“Recent Chinese restrictions on new and existing graphite producers, positive comments by industry analysts and the year-end tax-loss selling may all have had some effect,” chief executive Gregory Bowes said in a statement.

Such swings are hardly unusual for junior resource companies, especially those in early stages. Northern Graphite was trading for as much as $3.42 in April 2012 before starting a steady slide.

The company wants to redevelop the Bissett Creek property near the Ottawa River west of Deep River. It proposes to build a $103-million open-pit mine capable of handling 2,300 tons a day and employing about 80 people.

Demand for graphite is increasing as new uses are found for the mineral, including in lithium batteries and fuel cells, and as China, the world’s largest user of graphite, guards its domestic supply.

Bowes said Northern Graphite expects to make announcements soon on construction plans and a new estimate of resources at the site.

[email protected]

Northern Graphite Announces Graduation to TSX Venture Exchange Tier 1

Posted by AGORACOM-JC at 9:50 AM on Thursday, November 29th, 2012

OTTAWA, ONTARIO–(Nov. 28, 2012) – Northern Graphite Corporation (TSX VENTURE:NGC)(OTCQX:NGPHF) is pleased to announce that it has been accepted for graduation to Tier 1 of the TSX Venture Exchange (the “TSXV”). Northern will commence trading as a Tier 1 issuer on November 29, 2012.

As a result of Northern’s graduation to Tier 1 issuer status, securities of Northern currently held in escrow under escrow agreements dated April 7, 2011 entered into among Northern, Equity Financial Trust Company as escrow agent and certain escrowed security holders of the Company pursuant to National Policy 46-201 Escrow for Initial Public Offerings and the policies of the TSXV will become subject to an accelerated release schedule. As a result, all of the securities of Northern currently remaining in escrow, being an aggregate of 1,734,541 common shares of Northern, will be released effective November 29, 2012. Upon the release of these securities, Northern will not have any securities remaining in escrow. The vast majority of the escrowed shares are held by directors and management. The number of outstanding common shares of Northern will not change as a result of the escrow release.

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

 

Gregory Bowes, CEO
(613) 241-9959

Stephen Thompson, CFO
(613) 241-9959

Northern Graphite Successfully Scales Up Graphite Purification Process

Posted by AGORACOM-JC at 9:19 AM on Thursday, November 8th, 2012

Bench Scale Tests Produce 99.99% Cg Spherical Graphite

OTTAWA, ONTARIO–(Nov. 8, 2012) – Northern Graphite Corporation (TSX VENTURE:NGC)(OTCQX:NGPHF) is pleased to announce that ongoing metallurgical testing by Hazen Research has succeeded in purifying spherical graphite from the Bissett Creek deposit up to 99.99% graphitic carbon (“Cg”) and large flake graphite to 99.83% Cg. These bench scale tests are the first step in demonstrating that the laboratory process developed by Northern can be scaled to commercial levels.

Hazen Research’s initial mandate was to test the laboratory process developed by Northern’s research partner in Canada, on bench scale models of commercial units. The trials were highly successful in purifying spherical graphite to levels ranging from 99.93% Cg to 99.99% Cg. The requirements of battery manufacturers vary in particle size and purity with the latter specification usually being in the 99.9 to 99.95% Cg range. Large flake graphite was purified to levels ranging from 99.73 to 99.83%Cg with further improvements possible.

The next steps will be to further scale up the process in a Pilot Plant test that will enable Hazen to define operating parameters at a commercial level and to estimate capital and operating costs. As part of this process, Northern and Hazen are presently working with an equipment manufacturer to identify the matching full scale commercial unit that can be modified to suit the process requirements. The ultimate objective is to define a purification process that works not only with spherical graphite for battery use, but also flake graphite and micronized flake graphite for other applications requiring high purity.

Spherical graphite is used to make the anodes in Li ion batteries and is manufactured from the flake concentrate produced by graphite mining operations. Almost all natural spherical graphite is currently produced in China and purified using strong acids which results in large volumes of acidic and toxic waste. Thermal purification at temperatures as high as 2400 degrees C can be used but it is expensive in terms of capital and operating costs. The proprietary purification technology developed by Northern and its metallurgical research partners is much more environmentally friendly than the Chinese approach and operates at significantly lower temperatures than traditional thermal methods. It also involves relatively low retention times in the furnace and will likely be a continuous rather than a batch process. As a result, costs should be significantly lower.

Hazen Research is currently purifying larger quantities of spherical graphite to provide potential strategic partners in the battery industry with samples made from Bissett Creek ore that has been processed using Northern’s commercial mill flow sheet and purified in an environmentally sustainable manner. It has already been successfully tested in batteries at the National Research Council of Canada.

Gregory Bowes, Chief Executive Officer, stated that: “The purification process and the production of spherical graphite are part of the Company’s strategy to create value for shareholders by doing value added and downstream processing in addition to being a mine operator.”

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, Li ion batteries and other new applications such as vanadium redox batteries, fuel cells and nuclear power have the potential to create significant incremental demand growth.

China currently produces over 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. These proposals follow calls for REE type protection and quotas from Chinese producers, and the formation of a state owned amorphous graphite monopoly that has acquired and is consolidating 210 amorphous graphite mines down to 20 and reducing production capacity from 600,000 to 510,000 tonnes per year. No new graphite mines were built during the recent economic cycle and the supply situation will become more acute as Chinese restrictions increase and economies recover. Both the European Union and the United States have declared graphite a supply critical mineral.

Northern files revised Technical Report on SEDAR for TSX-V Tier 1 Graduation Application

Northern also announces that in connection with its application to graduate to Tier 1 of the TSX Venture Exchange (“TSX-V”), it has filed a revised technical report on SEDAR with respect to the bankable feasibility study for its 100% owned Bissett Creek graphite deposit. The revised technical report has been filed to correct minor deficiencies in the original report, filed on SEDAR on August 24, 2012, which were identified by the TSX-V in its review of the report in connection with Northern’s graduation application. There have been no material changes to the bankable feasibility study or the technical report. Northern’s application to graduate to Tier 1 of the TSX-V remains subject to review and approval by the TSX-V.

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 and is well positioned to benefit from the favorable 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 with 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.

Hazen Research

Hazen Research, Inc. was organized in 1961 to provide process research and development services to the extractive metallurgy and chemical industries. Hazen has assembled an experienced and competent staff supported by the laboratory and pilot plant facilities necessary to apply the most appropriate technology to the industrial, commercial, and environmental challenges of their clients.

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.

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

Beyond Pencils and Green Technology: The Best Graphite Stocks (NGC, SGH, GPH, CHGI, GTI & GRPH)

Posted by AGORACOM-JC at 9:53 AM on Tuesday, November 6th, 2012

Graphite is an increasingly important technology component with graphite mining stocks including Northern Graphite Corp (NGC), Standard Graphite Corp (SGH), Graphite One Resources (GPH), China Carbon Graphite Group (CHGI) and Graphite Corp (GRPH) plus GrafTech International (GTI).

Nov 6, 2012 1:33:42 AM PST

Most investors are probably unfamiliar with graphite, a popular choice for electrodes because of its electric conductivity, in part because most of the publicly traded graphite stocks like Northern Graphite Corp (CVE: NGC), Standard Graphite Corp (CVE: SGH) and Graphite One Resources (CVE: GPH) trade on Canadian exchanges but there are a options for US investors, including China Carbon Graphite Group (PINK: CHGI), GrafTech International Ltd (NYSE: GTI) and Graphite Corp (PINK: GRPH). So why should investors be interested in graphite and hence, graphite stocks?

What is Graphite?

First a bit of history: Back in in 1789, the material known as graphite was named “graphite,” a derivative from an ancient Greek word meaning “to draw/write,” because it was already being used in pencils. In fact, most pencil “lead” is actually ground up graphite. Today, graphite is mostly used for batteries, brake linings, expanded graphite, foundry facings, lubricants, refractories and steelmaking. However, the real and potentially “unlimited” (up to a certain point) growth for graphite comes from potential new uses in the form of green initiatives like electric cars, fuel cells, lithium ion batteries (Note: There is 10 times more graphite than lithium in lithium-ion batteries plus it takes 30-40 times more graphite to make these batteries thanks to losses during processing), nuclear energy, solar energy and semiconductors. Likewise, the rise of China, Brazil, India and other emerging markets is creating strong demand for traditional graphite uses e.g. steel making and the automotive industry.

natural-graphite-uses.jpg

In addition, its worth noting that China produces around 70% of the world’s graphite but production and export growth there is leveling off, costs are rising and quality is falling. Hence, new sources of graphite will need to be developed – meaning there are opportunities for North American based mining stocks.

Price Range for +80 mesh, 94-97%C graphite (US$/tonne)

historical-prices.jpg

Canada Listed Graphite Stocks

Among the many small Canadian graphite stocks, the following are worth mentioning briefly as they also trade on the OTC:

Northern Graphite Corp (CVE: NGC). Also trading on the OTCBB under the symbol “NGPHF,” Northern Graphite Corp’s principal asset is the Bissett Creek graphite project that is located 100km east of North Bay, Ontario and 15km from the Trans Canada highway. Northern Graphite Corp believes it will be in a position to begin construction of the mine sometime in early 2013 but those plans will be subject to the availability of financing. On Monday, Northern Graphite Corp rose 1.27% to C$0.80 (NGC has a 52 week trading range of C$0.74 to C$3.47 a share) for a market cap of C$37.50 million plus the stock is down 14.9% since the start of the year and down 30.4% since April 2011 according to Google Finance.

Chart forNORTHERN GRAPHITE CORPORATION (NGC.V)

Standard Graphite Corp (CVE: SGH). Positioning itself as North America’s premier pure-play graphite exploration company that also trades on the OTC under the symbol “NGPHF,” Standard Graphite Corp controls a 100% interest in 12 prospective graphite properties within known graphite districts in both Quebec and Ontario. Standard Graphite Corp is currently undertaking an exploration plan and intends to soon commence construction on its Bissett Creek Mine, subject to financing. On Monday, Standard Graphite Corp closed at C$0.180 (SGH has a 52 week trading range of C$0.16 to C$1.07 a share) for a market cap of $3.99 million plus the stock is down 45.45% since last January.

Chart forSTANDARD GRAPHITE CORPORATION (SGH.V)

Graphite One Resources (CVE: GPH). Also trading on the OTCQX under the symbol “GPHOF,” Graphite One Resources is a mineral exploration company focused on its Graphite Creek Property located on the Seward Peninsula of Alaska. According to Graphite One Resources, the property offers significant potential for the discovery and development of a large-flake, high-grade graphite mineralization exposed at surface – meaning an open pit mine can be used. Graphite One Resources plans to advance Graphite Creek to a NI 43-101 compliant resource in 2013. On Monday, Graphite One Resources rose 3.03% to C$0.170 (GPH has a trading range of C$0.06 to C$0.40 a share) for a market cap of C$14.59 million plus the stock is up 54.5% since the start of the year and down 62.2% over the past five years.

Chart forGRAPHITE ONE RESOURCES INC (GPH.V)

US Listed Graphite Stocks

The few pure US listed graphite stocks that investors should be aware of include the following:

China Carbon Graphite Group (PINK: CHGI). Founded in 1986 as a state-owned carbon and graphite manufacturer and restructured in 2002 as a private enterprise. China Carbon Graphite Group is one of China’s leading wholesale suppliers of fine grain and high purity graphite and it’s a top overall producer of carbon and graphite products. There is not too much written about China Carbon Graphite Group but for what its worth given it’s a Chinese company, the company does issue regular earnings reports with the last one noting the ramp up of its higher margin business. On Friday (the last day CHGI traded), China Carbon Graphite Group fell 9.8% to $0.460 (CHGI has a 52 week trading range of $0.32 to $1.26 a share) for a market cap of $11.15 million plus the stock is up 2.2% since the start of the year and down 22.5% over the past five years according to Yahoo! Finance.

Chart forChina Carbon Graphite Group, Inc. (CHGI)

GrafTech International (NYSE: GTI). A world leader in graphite material science with more than 125 years of experience in the carbon and graphite industry, GrafTech International products are used in a variety of applications in various industries, including metal production, electronics, chemicals, aerospace and transportation. The last time GrafTech International reported earnings, shares soared because they beat expectations although revenue and net income both fell. Likewise, GrafTech International’s sales for its core industrial-materials business fell 14% but the smaller engineered-solutions segment (e.g. consumer products) rose 41%. In addition, GrafTech International’s bottom line had surged 46% in the second quarter thanks to higher prices for its graphite electrodes and needle coke. On Monday, GrafTech International rose 0.38% to $10.63 (GTI has a 52 week trading range of $8.45 to $17.69 a share) for a market cap of $1.43 billion plus the stock is down 22.1% since the start of the year and down 39.7% over the past five years.

Graphite Corp (PINK: GRPH). An exploration stage company focused on the evaluation, acquisition and development of domestic graphite mining opportunities, Graphite Corp believes the best alternate source of flake graphite is located in Alabama along with Montana. Hence, Graphite Corp is an investor’s best bet for a pure play graphite stock whose source of graphite is safely located in the USA should there be an interruption with supplies of graphite from China. Moreover, Graphite Corp has completed a total of $750,000 worth of equity financings to fund the acquisitions of its properties in Alabama and Montana and to begin initial work programs while budgets and exploration plans are being developed with work to beginning this quarter. Hence, Graphite Corp is a graphite stock investors should be watching. On Monday, Graphite Corp fell 2.56% to $0.760 (GRPH has a 52 week trading range of $0.20 to $1.05 a share) for a market cap $18.01 million plus the stock is down about 5% since last October.

Chart forGraphite Corp. (GRPH)

The Bottom Line. Irrespective of the economy, graphite will only meaning investors at least need to keep an eye on graphite stocks like Northern Graphite Corp, Standard Graphite Corp, Graphite One Resources, China Carbon Graphite Group, GrafTech International and Graphite Corp.

Source: http://www.smallcapnetwork.com/Beyond-Pencils-and-Green-Technology-The-Best-Graphite-Stocks-NGC-SGH-GPH-CHGI-GTI-GRPH/s/via/3414/article/view/p/mid/1/id/1046/

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

Northern Graphite a step closer to commercial production

Posted by AGORACOM-JC at 10:46 AM on Wednesday, August 29th, 2012

TORONTO (miningweekly.com) – Canadian graphite project developer Northern Graphite this week filed a bankable feasibility study (BFS) for its Bissett Creek graphite deposit, in eastern Ontario, confirming the project’s financial returns sufficient to justify the investment.

The BFS found that Bissett Creek’s production level, when compared with the total market, should enable its successful introduction in the supply of large and extra-large graphite flake products, without impacting the supply-demand relationship and resulting prices, allowing the company to take full advantage of the expected constrained graphite supply dynamic of the current market.

Graphite demand and prices have increased substantially over the past few years as a result of the ongoing modernisation of China and other emerging economies, which has resulted in strong demand from traditional steel and automotive markets. New applications such as lithium-ion batteries, vanadium-redox batteries, fuel cells and nuclear power have the potential to significantly increase demand for the allotrope of carbon.

Northern Graphite said China currently produced about 70% of the world’s graphite and an export tax and a licensing system had been instituted to restrict exports and encourage value-added processing in China. Recently, more legislation was introduced which would make it increasingly difficult to construct new graphite mines in China.

Existing Chinese production was also expected to decline owing to the effects of many years of high grading, the consolidation or elimination of smaller producers, and improvements in labour and environmental standards.

“The recent proposals on new mines are the third major graphite supply-related announcement out of China this year and follow calls for rare-earth-element-type protection from the largest Chinese graphite producer, and the formation of a State-owned amorphous graphite monopoly.

“As a result of the supply-demand situation for graphite, both the European Union and the US have declared graphite a supply critical mineral,” CEO Gregory Bowes said in a statement.

However an analyst told Mining Weekly Online that large economic deposits are rare and right now, most operating mines in North America are small. “We could see the need for 30 to 40 new graphite mines over the next decade,” the analyst said.

FAVOURABLE ECONOMICS

Mining Weekly Online in May reported that Northern Graphite found itself among a handful of miners developing a high-quality graphite project, scheduled for production within the next year or so. The miner planned to open its Bissett Creek project, one of the first new graphite mines to open outside China since the 1990s, by the end of 2013.

The proposed development of the project entails the construction of an openpit mine and a 2 500 t/d processing plant. It would consist of conventional crushing, grinding and flotation circuits, followed by concentrate drying and screening and is based on proven methods and equipment that are widely used in the mineral industry.

The Ottawa-based company planned to build a natural gas pipeline to the site from the main TransCanada pipeline, about 15 km away, to fuel five 1 MW generators that would produce electrical power. Waste heat from the generators would be used to dry the concentrate, resulting in low overall energy costs of $0.079/kWh.

About 97% of the tailings will be non-acid generating.

Over the first five full years of operation a total of 4.2-million tons of ore would be processed at an average head grade of 2.22% graphite to produce an average of 18 600 t of graphite concentrate at 94.5% graphite a year.

About 80% of production would be +80 mesh large flake and half would be XL (+50 mesh) and XXL (+32 mesh) flake.

Cash operating costs will average C$851/t of concentrate over the first five years. Capital costs are estimated at $102.9-million, including a $9.4-million contingency, but excluding any financial assurance relating to reclamation obligations.

Among Northern Graphite’s peers counted Ontario Graphite who was also developing a graphite mine at its Kearney deposit, located in the same region as Northern Graphite’s Bisset Creek, and the Almenara graphite project, being undertaken by Magnesita, an unlisted company in Brazil.

The company’s TSX-V-listed stock traded 5.36% lower at C$1.06 apiece on Tuesday afternoon.

Edited by: Creamer Media Reporter
Source: http://www.miningweekly.com/article/northern-graphite-a-step-closer-to-commercial-production-2012-08-28

Northern Graphite Files Bankable Feasibility Study

Posted by AGORACOM-JC at 1:52 PM on Monday, August 27th, 2012

OTTAWA, ONTARIO–(Aug. 27, 2012) – Northern Graphite Corporation (TSX VENTURE:NGC)(OTCQX:NGPHF) is pleased to announce that the bankable feasibility study (“FS”) for its 100% owned Bissett Creek graphite deposit has been filed on SEDAR and is available on the Company’s website. The FS was prepared by GMining Services Inc. with contributions from SGS Canada Inc. (Lakefield-metallurgy), Geostat-resource modelling), Knight Piesold Ltd. (environmental, permitting, tailings management and road infrastructure) and Met-Chem Canada Inc.(process engineering).

The FS concludes that “based on all the engineering studies, cost estimates, price scenarios and economic analyses performed as part of this Feasibility Study, we believe that the financial returns are sufficiently robust to justify the required investment to bring the Bissett Creek Project to commercial production. Its production level, when compared to the total market, should enable its successful introduction in the supply of large and extra-large graphite flake products, without impacting the supply-demand relationship and resulting prices. When well established as a reliable supplier of quality products, Northern Graphite should be in excellent position to pursue a production expansion on the basis of its large resources at Bissett Creek.”

Gregory Bowes, CEO, stated that “There are very few development stage graphite companies and Northern is the only one that has disclosed complete independent, bankable feasibility level confirmation of reserves and resources, capital and operating costs, metallurgy, flake size distribution, carbon content of concentrates, etc.” He added that “While economies in the US, European and Chinese have slowed, the FS has identified a number of immediate, low risk opportunities to increase production and further reduce costs which we believe will offset the effect of softer graphite prices.”

Project Description

The proposed development of the Bissett Creek graphite deposit includes the construction of an open pit mine and a 2,500tpd processing plant. The processing plant will consist of conventional crushing, grinding and flotation circuits followed by concentrate drying and screening and is based on proven methods and equipment that are widely used in the mineral industry. The Company plans to build a natural gas pipeline to the site from the main Trans Canada line, approximately 15 kms away, to fuel five 1.0 MW-generators that will produce electrical power. Waste heat from the generators will be used to dry the concentrate resulting in low overall energy costs of $0.079/kWh. Infrastructure includes upgrading the last 5 kms of access road, site preparation, and tailings facilities. Approximately 97% of the tailings will be non-acid generating.

Over the first five full years of operation a total of 4.2 million tonnes of ore will be processed at an average head grade of 2.22% Cg to produce an average of 18,600 tonnes of graphite concentrate at 94.5% Cg per year. Approximately 80% of production will be +80 mesh large flake and 50% will be XL (+50 mesh) and XXL (+32 mesh) flake. Cash operating costs will average CDN$851 per tonne of concentrate over the first five years. Capital costs are estimated at $102.9 million including a $9.4 million contingency but excluding any financial assurance relating to reclamation obligations. The FS does not include any upgrading to value added products such as spherical graphite for Li ion batteries which sell for significantly higher prices than those used in the FS.

Project Opportunities

The FS has identified a number of significant, low risk opportunities to further enhance project returns including upgrading some inferred resources to indicated, both within and outside the proposed pit, which will increase the grade and production, and further reduce operating costs. In addition, actual graphite production from the pilot plant was approximately 4% higher, and graphite production from eight locked cycle tests was approximately 12% higher, than assayed head grades indicating that the reserve grade is conservative and potentially understated. The Company is planning a review of assay procedures to identify the reasons for the understatement. The Company’s objective is to achieve operating costs of less than $800/tonne.

Qualified Persons

The FS was prepared in accordance with NI 43-101 standards by G Mining Services Inc. Louis Gignac, ing., Nicolas Menard, ing., Antoine Champagne, ing., Ahmed Bouajila, ing., Robert Menard, ing., and Robert Marchand, ing. are the independent “qualified persons” under NI 43-101 who were responsible for preparing the FS on behalf of GMining Services Inc.

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.

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 has proposed a set of new rules relating to the size, operational performance, quality and environmental standards for new graphite mines which will make them much more difficult to build. Also, existing Chinese production is expected to decline due to the effects of many years of high grading, the consolidation or elimination of smaller producers, and improvements in labor and environmental standards. 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. As a result of the supply/demand situation for graphite, 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. Northern has established itself as an 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 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.

FOR FURTHER INFORMATION PLEASE CONTACT:

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

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