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BREAKING…Santo Mining Corp to Start Producing Gold & Silver

Posted by AGORACOM-JC at 2:21 PM on Thursday, May 2nd, 2013

SANP: OTCQB

  • Entered into a definitive long-term license agreement to develop and mine its three metallic concessions located at Ocampo, Coahuila, Mexico
  • Inferred resource tonnage: 3M mt at 3.17 g/t gold and 57.3 g/t silver
  • Inferred resource ounces: 306K oz gold and 5.5 M oz silver
  • Open-pit mining with truck access to highway
  • Most entitlements are in place including the environmental permit.

View Release / Corporate Profile / Hub On AGORACOM

———-

Santo Mining Corp to Start Producing Gold & Silver

SANTO DOMINGO, Dominican Republic, May 2, 2013 — Santo Mining Corporation (OTCQB:SANP), (the “Company”), announced that on March 13, 2012 the Company entered into a definitive long-term license agreement (the “Agreement”) with Campania Minera Los Angeles Del Desierto SA De CV (Mexico) (the”Concessionaire”)to develop and mine its three metallic concessions (the “Concessions”) located at Ocampo, Coahuila, Mexico, 45 miles south of the United States border. Pursuant to the 15 year Agreement, the Concessionaire will receive a 40% of any royalty from the Concessions and the Company will keep the remaining 60%. The Concessions total more than 7.27 square kilometers and have been assayed for Gold and Silver with impressive grades. Most entitlements are in place including the environmental permit.

Location Map

Due Diligence Sampling

Photos accompanying this release are available at

http://www.globenewswire.com/newsroom/prs/?pkgid=18475

http://www.globenewswire.com/newsroom/prs/?pkgid=18474

The signing of the Agreement follows a year of due diligence under three consecutive standstill agreements. Under the Agreement, the Company is required to make payments during the first year to the Concessionaire totaling $210,000, and on 15 June 2013 the Company will transfer 1,000,000 shares of the Company’s common stock to the Concessionaire. $100,000 of the total initial cash payments is considered an advance on future 40% royalty payments. Preliminary assessments conducted on the first 60 hectares indicated a high probability of economic reserves that warranted entering into a definitive contract. There are indications that additional reserves are yet be discovered on the remaining 667 hectares.

QUICK FACTS:

Location: Coahuila State, North Central Mexico

Nearby Mining Operations: First Majestic Silver Corp (NYSE:AG ; TSX:FR) operates the Encantada silver mine nearby.

Area: 7.47 square kilometers of rolling desert

Inferred resource tonneage: 3M mt at 3.17 g/t gold and 57.3 g/t silver

Inferred resource ounces: 306K oz gold and 5.5 M oz silver

Secondary metals: silver & zinc

Type of mine: open-pit mining with truck access to highway

Estimated production: 2014

Estimated mine life: 2014-2030 (16 years)

Estimated employees: 66

Percent to the Company: 60%

Royalty to the Concessionaire: 40%

DUE DILLIGENCE SAMPLING:

In November 2012, a geochemical sampling survey was conducted by respected local mine engineer Juan Luis Castillo Velez under the direct supervision of Al French, the Company’s Chief Executive Officer. Surface soil and rock samples were collected at the base perimeter, sides and top of a mineralized rise and sent to Inspectorate Labs of Reno Nevada for fire assay analysis. The average results of all the samples was 3.17 g/t AU (gold) and 57.37 g/t AG (silver) which confirmed numerous certified and uncertified analyses previously commissioned by the Concessionaire. The highest results obtained were 8.581 g/t AU and 148.1 g/t AG.

RESOURCE CALCULATION & VALUATION:

The inferred mineral resource estimate is based partially on: 1) The results of the November 2012 geochemical sampling; 2) A 2007 Geological Assessment (Sketch) sponsored by the Mexican Secretary of Economy,

Coordination General de Mineria, and Fideicomso de Formento Minero; and 3) A Geological Report by Juan Jose Lopez Reyna, a Professional Geologist at the Universidad Autonoma de Coahuila. Adopting a conservative approach, the preliminary tonnage estimate inputs are limited to just 50% of the 60 hectares (600,000 square meters) study area multiplied by 5 meters of depth. The result indicates a potential of 3 million tonnes or $700 million in gold and silver in inferred resources at current prices. The Company plans to start shallow drilling, metallurgy testing, bulk sample testing in a local pilot plant, and commission a qualified geological report with the objective of augmenting the preliminary inferred resources estimates.

GEOLOGY & LOCATION:

The Concessions are located on the south periphery of the extinct volcano Cerro Minerva and consist of a numerous tertiary intrusive igneous rocks whose composition varies from granite, granodiorite, gabbro, diorite, andesite porphyries, rhyolite, and syenite as stocks, sills and dikes, and are generally rolling hills and all are accessible by truck transport. A jagged metamorphic aureole formed in the areas of contact with limestone and shale intrusive bodies generally consisting of irregular garnet skarn, marble, hornfels and recrystallized limestone. The gold-silver mineralization is largely encapsulated in silica. Because the gold and silver is so fine grained as to be invisible and largely refractory, the ore is not readily susceptible to standard cyanidation process. Santo Mining is evaluating a number of processing options to determine the most economical way to pre-treat or concentrate the refractory ore. Preliminary tests indicate a combination of conventional processes look optimistic and may provide excellent gold and silver recoveries on a cost effective basis.

PLAN OF OPERATION:

Santo Mining will establish a 100% owned local subsidiary in Mexico to administer this project. Later in 2013 and early 2014 the Company plans to systematically scale-up operations and purchase equipment and machinery with funds from a recently approved $16 million equity funding program with the Magna Group affiliate of Hanover Holdings I, LLC, of New York.

The Concessionaire is providing the three exploitation concessions and an environmental license all of which are in force. The Company will submit an application for a Forestry Permit (which typically takes 60-90 days to process) and a well permit for process water (which is expected to take 30 days to process). In Mexico Mining Concessions are typically granted for 50 years and allows for the exploration and extraction of underlying mineral deposits. Established in 2005, this modern system has attracted substantial long-term investment with 286 mining companies operating with foreign capital. In 2010, Mexico produced 79.37 tonnes of Gold, 4.41 billion tonnes of Silver (the largest in the World) and 476 tonnes of Base metals (copper, lead, Zinc, etc). According to Thomson Reuters, Mexico has lower gold production costs than most other countries. Since the implementation of NAFTA 19 years ago and its strong foreign investment protection provisions, the Mexican government has implemented a transparent and consistent mining policy, and Mexico has evolved into a friendly mining jurisdiction. Foreign mining companies and their wholly owned subsidiaries have a clear legal framework to refer to when exploring, developing and operating a project. In an effort to expand exploration, the Mexican government has created the Mexican Geological Survey which has established a detailed database of prospective exploration areas throughout the country.

Al French, CEO, Santo Mining Commented on the news: “The closing of this gold & silver mining contract is a major milestone for Santo Mining Corp as it squarely launches us into the “Junior Mining” league. The project is consistent with our vision to acquire production ready properties in Mexico and highly prospective properties (exploration concession applications) in the Dominican Republic. This, in conjunction with the recent $16 million equity funding agreement, provides Santo Mining with a credible window of opportunity for short-term exponential growth on top of the longer-term opportunities in the Dominican Republic.”

About Santo Mining:

Santo Mining Corporation is a junior minerals exploration and development company, based in the Dominican Republic. The Company is actively pursuing the acquisition and exploration of properties, which are strategically located in the prolific and highly prospective Hispaniola Gold-Copper Back-Arc area in the Dominican Republic. A detailed description of the Company’s activities is available at www.SantoMining.com.

Further information on the Company and its filings can be found at www.sec.gov.

The Santo Mining Corporation logo is available at: http://www.globenewswire.com/newsroom/prs/?pkgid=14686.

Notice Regarding Forward-Looking Statements

This current report contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, such as the Company’s plans to acquire a number of highly prospective gold exploration properties, which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, any mineralization, development or exploration of the Company’s properties and the timing of any work program or exploration activities, and any results that may be obtained or the commencement of production.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

Tyler Troup, B.Comm
Circadian Group, Investor Relations
North American: +1 (647)-930-1037
Toll Free: +1 (866) 603-3330

www.SantoMining.com
Due Diligence Portal: http://circadian-group.com/santo.html

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Lomiko Adds Graphene Experts Dr. Polyakova and Dr. Stolyarov to Board of Advisors

Posted by AGORACOM-JC at 3:18 PM on Tuesday, April 30th, 2013

Apr 30, 2013 — Vancouver, B.C., and New York, NY – Lomiko Metals Inc. CA:LMR -8.33% LMRMF -8.82% DE:DH8B -20.41% (europe:ISIN)(wkn:A0Q9W7) (the “Company” or “Lomiko”) is very pleased to welcome Dr. Elena Polyakova and Dr. Daniel Stolyarov to the Advisory Board of Lomiko Metals Inc.

Dr. Elena Polyakova founded Graphene Laboratories in 2009 as President and Chief Executive Officer. Since founding Graphene Laboratories, the company has grown to be the leading manufacturer and supplier of graphene materials. Dr. Polyakova is an invited speaker at many international forums and conferences, and her input on the graphene industry is regularly published by journalists covering business and technology.

Dr. Polyakova has won numerous awards for her entrepreneurship, including Mass High Tech’s Women to Watch award (2011) and the Hauppauge Industrial Association of Long Islands’ Young Entrepreneur award (2012).

She received her Masters’ degree in Physics and Applied Mathematics with honors from the Moscow Institute of Physics and Technology, and her Ph.D. in Chemistry from the University of Southern California. During Dr. Polyakova’s post-doctoral work at Columbia University, her work on graphene was published in many leading peer-reviewed journals, which she co-authored with Nobel and Kalvi prize winners, as well as members of the National Academy of Sciences. It was then that she realized the commercial potential of graphene, which led to the founding of Graphene Laboratories, Inc.

Dr. Daniel Stolyarov co-founded Graphene Laboratories in 2009 and has since served as Chief Technology Officer. At Graphene Laboratories, he leads efforts to introduce new materials to the Graphene Supermarket product line. He also overviews all production efforts and leads all collaborative R&D projects of Graphene Labs. His work continues to play a critical role in securing Graphene Labs place as a leader in the manufacture and sale of 2D materials.

Dr. Stolyarov speaks at many international conferences about advancements in 2D materials, and insight from his work at Graphene Laboratories has been written about by several publications, including BBC and Physics World.

Previously, he worked at Energetiq Technology Inc. as a Research Scientist, where he helped develop the EQ-99 Laser Driven Light Sourceâ„¢ which won the SPIE and Photonics Media Prism Award (2010), and at Brookhaven National Laboratory as an Assistant Scientist.

He received his Masters’ degree in Physics and Applied Mathematics with honors from the Moscow Institute of Physics and Technology, and his Ph.D. in Physical Chemistry from the University of Southern California. During his academic career, his work on graphene was published in many leading peer-reviewed journals, which he co-authored with Nobel and Kalvi prize winners, as well as members of the National Academy of Sciences.

Lomiko Metals also confirms that it has issued 200,000 stock options at .10 to each new Advisor exercisable for up to 60 months from the date of grant. The options are subject to a four-month hold period commencing April 30, 2013. The options to be granted will be issued in accordance with the company’s stock option plan.

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

On Behalf of the Board

“A. Paul Gill”

Chief Executive Officer

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

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Graphene: the nano-sized material with a massive future

Posted by AGORACOM-JC at 8:23 AM on Tuesday, April 30th, 2013

(CNN) — Ever since it was discovered in 2004, graphene has been hailed as a natural wonder of the materials world destined to transform our lives in the 21st century.

Graphene’s amazing properties excite and confound in equal measure. How can something one million times thinner than a human hair be 300 times stronger than steel and 1,000 times more conductive than silicon?

CNN Labs asked the head of MIT’s graphene research department, Tomas Palacios, to explain why graphene is such a special material and what we can expect it to do for us in the future.

CNN: What is graphene?

Tomas Palacios (TP): Graphene is a one-atom thick layer of carbon atoms arranged in a honeycomb lattice.

This special atomic arrangement gives graphene truly unique properties. For example electrical currents in graphene move faster than in any other material we know of.

Products such as cell-phones will be integrated into the likes of the clothes, pieces of paper and in windows
Tomas Palacios

Heat can also move in graphene very fast and it is the best thermal conductor that we have. On top of this, graphene is the thinnest material in the world as well as the strongest, much stronger than steel and, of course, much lighter.

Finally, because it is only one atom thick, it is perfectly transparent and flexible.

CNN: What applications will it have?

TP: The very first application where graphene is going to be used is probably as a replacement for (the relatively expensive metal) indium selenide in solar cells.

Read: ‘Mantis:’ the monster-sized hexapod robot

After that, I think we will see a new array of communication devices that don’t just use graphene but which also use other two-dimensional materials.

Products such as cell phones will be integrated into the likes of the clothes, pieces of paper and in windows.

Another direction is transparent displays. Basically we are going to have electronic displays embedded almost everywhere, in the windows, in our glasses, in the walls, everywhere.

To do this we need very thin materials that are also transparent and graphene could be that material.

CNN: When will products containing graphene be available?

TP: It depends on the specific application. I believe that the use of graphene in solar cells, displays and so on is probably going to be in the marketplace in a couple of years.

Read: ‘Afterlife’ feels ‘even more real than real’

More complex applications such as computers or cell phones will probably take longer, maybe within five and ten years.

CNN: What challenges remain for researchers?

TP: One important challenge facing graphene is the way the material is developed.

Graphene was isolated for the first time using the Scotch Tape technique (where ever thinner strips are peeled off a block of graphite using sticky tape) and the quantities we can make in large areas still lag behind this method.

The ambition is that one day graphene will be fabricated in the same way that you print newspapers
Tomas Palacios

There has been a lot of work to try and enhance the manufacturability of graphene and there are a few techniques that look very promising but they are not completely mature yet.

The second challenge is that graphene is a material that is only one atom thick. Anything that you do to it is going to impact its properties.

Read: Flying robots learn mind-boggling tricks

We still need to understand better how to fabricate graphene devices and how to be gentle enough not to (break) the formula.

CNN: Are production methods improving?

Recently, Samsung Electronics has demonstrated a single layer of graphene which is 30 inches in diameter. So in just a few years we have gone from micro-meter sized flakes all the way to 30 inches.

The ambition is that one day graphene will be fabricated in the same way that you print newspapers — in a roll to roll process using the same kind of equipment. This will change the entire economics of the electronics industry.

CNN: Are there any other materials like graphene?

TP: Graphene was the first two-dimensional material to be discovered, but it is not the only one. Now there are more than 10 materials that are all two-dimensional with complimentary properties that could be integrated with graphene to provide extra functionality.

Boron nitride for example is also one-atom thick and instead of being a conductor it is an insulator (of heat), the best insulator we know. If you go to three atoms thick we have another material called molybdenum disulfide which is a semi-conductor, like silicon, but lighter and stronger.

These materials can then be combined in order to fabricate completely new material structures that don’t exist in nature. I think that that is a very powerful proposition.

I am completely convinced that graphene is going to end up changing our lives
Tomas Palacios

CNN: When will graphene-based products hit main street?

TP: If you look at how long it traditionally takes new materials to make an impact in the market, it typically takes around 20 years.

We need to be patient but things seem to be moving faster than with other materials.

I think the next couple of years will see quite significant improvements in the growth techniques and synthesis of two-dimensional materials.

At a basic research level we are going to see an emphasis on trying to understand what happens when you stack these materials one on top of the other.

That is going to enable a lot of new understanding which will enable completely new devices.

I am completely convinced that graphene is going to end up changing our lives. Exactly how, I don’t know and I don’t think anyone can know for sure but there is nothing thinner, stronger or more suitable to conduct electricity and that has to be useful for many important things.

Source: http://www.cnn.com/2013/04/29/tech/graphene-miracle-material/index.html?hpt=hp_c3

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END OF DAY ALERT – (PP: TSX-V) Pacific Potash Corp Up 36% on 2.9M Shares (Sponsor)

Posted by AGORACOM-JC at 4:50 PM on Friday, April 26th, 2013

                                                                            

Last Traded: $0.13 Up: $0.035

Percentage: 36.84% Vol. 2.8M Shares

————–

Pacific Potash is engaged in the exploration and development of the Provost Potash Property and the surrounding potash claims targeting the Prairie Evaporite Formation. Pacific Potash has officially acquired 100% interest in Western Potash Corporation’s Amazonas Basin claims in Brazil.

Investment Highlights – Brazil

Amazonas Potash Basin

  • The Brazilian Government plans to reduce Brazil’s reliance on potash imports from 91% to 60% over the next 5 years
  • Soils in Brazil are deficient in potassium and require potash to remain productive
  • The Amazonas potash basin is similar in geology and dimension to the Saskatchewan potash basin in Canada
  • The claims are situated close to a primary market: Brazil is the 2nd largest importer and 3rd largest user of potash in the world
  • Two deposits owned by Petrobras—Arari and Fazendinha—are located 20 and 40 km west of the property being optioned by Pacific Potash. These two deposits have reported historic resources as follows*:Fazendinha – 520 Mt @ 28.8% KCl
    Arari – 659 Mt @ 17.7% KCl

Highlights of 43-101 Report

  • Potash has been intersected on 3 margins immediately adjacent to the property (West, North, and North East).
  • The Property is located on the northwest limb of the Middle Amazonas Basin, extending across the deepest part of the basin axis. The known occurrence of potassium salts (potash) is in Cycle VII in the Nova Olinda Formation. The Cycle VII potash mineralization occurs in numerous drill holes in the Middle and Lower Amazon basin, including those that define the Fazendinha and Arari potash occurrences.
  • Well log control from within the basin, but outside the claims, indicates thickening of the Nova Olinda formation towards the basin axis.
  • Potential potash layers are expected to occur at depths of 1100 to 1800 m.

Investment Highlights – Alberta

Provost Potash Property

  • Two 100%-owned MAIM permits totaing 17,781 hectares of land, located 250 km southeast of Edmonton and 45 km west of the historic Unity Potash Mine
  • Exceptional infrastructure (access to water, paved roads, services lines, railway, workforce)
  • Alberta was ranked the No. 1 jurisdiction for Mining and Exploration by the Fraser Institute in 2011
  • The Alberta Department of Energy (Mineral Development Division) advised that potash royalty would be similar to salt at $.045/tonne compared to Saskatchewan’s $6.00/tonne
  • 50:50 Joint Venture Twenty-four MAIM permits totaling 213,269 hectares, owned in a 50:50 Joint Venture with Grizzly Discoveries Inc.

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Santo Mining Reports 10.79 g/t Silver and 1.0%+ Copper on New Charles Claim in Dominican Republic (Client)

Posted by AGORACOM-JC at 8:57 AM on Thursday, April 25th, 2013

                

SANP: OTCBB

Santo Mining Reports 10.79 g/t Silver and 1.0%+ Copper on New Charles Claim in Dominican Republic

Announced positive results from a geochemical reconnaissance survey of its “CHARLES” exploration application located in the Dominican Republic “Tireo Formation”.

  • Results up to 10.79 g/t Silver and +1.0% Copper
  • Claim borders Goldquest’s (TSX VENTURE:GQC) renowned La Escandalosa claim

Hub On AGORACOM / Corporate Website
———————–
FULL RELEASE BELOW.

Santo Mining Reports 10.79 g/t Silver and 1.0%+ Copper on New Charles Claim in Dominican Republic

SANTO DOMINGO, Dominican Republic, April 25, 2013 (GLOBE NEWSWIRE) — Santo Mining Corp. (OTCQB:SANP), (the “Company”), is pleased to announce positive results from a geochemical reconnaissance survey of its “CHARLES” exploration application (the “Charles Claim”) located in the Dominican Republic “Tireo Formation”.  Rock samples collected by the Company exploration team yielded a series of results up to 10.79 g/t Silver and +1.0% Copper. The Charles Claim borders Goldquest’s (TSX VENTURE:GQC) renowned La Escandalosa claim.

A photo accompanying this release is available at http://www.globenewswire.com/newsroom/prs/?pkgid=18329

In 2012 Goldquest reported three bonanza drill intercepts just 2.5 km from the Charles claim which was reported as being the largest gold discovery in the Dominican Republic in 20 years.

The 278 hectare Charles Claim is located in the gold, silver and copper rich Tireo Formation and lies on the eastern border of Goldquest’s La Escandalosa. In March 2013 the Company’s exploration team, led by Elpidio Moronta, conducted a preliminary reconnaissance and surface geochemical survey of the entire claim. Stream sediment samples were collected from the Rio Guayabo, Rio Piedra Blanca and its tributaries. Grab and outcrop rock samples were collected and several samples from the Rio Piedra Blanca to the North side of the “Loma Del Gajo Pelon” mountain along a 600 meter long by 2 meter wide mineralized vein. These rock samples were dispatched to Acme Labs in Vancouver for multi-element and fire-assay analysis and returned the following positive grades for Silver and Copper:

10.79 g/t Silver and >1% Copper
10.57 g/t Silver and >1% Copper
03.18 g/t Silver and >7,160 g/t Copper
02.27 g/t Silver and >6,832 g/t Copper

The Tireo Formation consists of an Upper Cretaceous package of sedimentary and volcanic rocks including andersite, dacite, mineralized quartz veins, volcanic breccias, diorite and volcaniclastic silicification striking a NW/SE diagonal swath in west Dominican Republic.

Ten years ago, Goldquest, in a joint venture with Goldfields Ltd, carried out a regional geochemical and prospecting program that identified several new areas of mineralization. Later, Goldquest discovered several gold and copper mineralized areas in a long 35 km group of concessions called Romero, La Escandalosa, Jenjibre, Los Comios and Loma Viejo Pedro. Just 2.5 km NW of Charles are four bonanza drill intercepts which are reported on Goldquest’s website as follows:

Hole 90: 231m grading 2.41 g/t Gold and 0.44% Copper
Hole 92: 159m grading 4.45 g/t Gold and 0.95% Copper
Hole 93: 258m grading 4.50 g/t Gold and 1.30% Copper
and most recently 235m grading 7.88 g/t Gold and 1.43% Copper

According to Company President, Al French, “The Acme Lab results confirm a highly prospective area for Silver, Copper and potential Gold mineralization. Today the exploration team will return to Charles just north of San Juan and conduct a detailed sampling in the prospective zones. Meanwhile, back in Santo Domingo we are negotiating to purchase up to four more claims clustered immediately around Goldquest’s bonanza claims. Funding for the exploration will potentially come from the recent $16 million commitment from Hanover Holdings I, LLC (NY).

About Santo Mining Corporation

Santo Mining Corporation is a junior minerals exploration and development company, based in the Dominican Republic. The Company is actively pursuing the acquisition and exploration of properties, which are strategically located in the prolific and highly prospective Hispaniola Gold-Copper Back-Arc area in the Dominican Republic. A detailed description of the Company’s activities is available at www.SantoMining.com.

Further information on the Company and its filings can be found at www.sec.gov

The Santo Mining Corporation logo is available at:  http://www.globenewswire.com/newsroom/prs/?pkgid=14686

Notice Regarding Forward-Looking Statements

This current report contains “forward-looking statements,” as that term is defined in Section 27A of the United States Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Statements in this press release, such as the Company’s plans to acquire a number of highly prospective gold exploration properties, which are not purely historical are forward-looking statements and include any statements regarding beliefs, plans, expectations or intentions regarding the future, including but not limited to, any mineralization, development or exploration of the Company’s properties and the timing of any work program or exploration activities, and any results that may be obtained or the commencement of production.

Actual results could differ from those projected in any forward-looking statements due to numerous factors. Such factors include, among others, the inherent uncertainties associated with mineral exploration and difficulties associated with obtaining financing on acceptable terms. We are not in control of metals prices and these could vary to make development uneconomic. These forward-looking statements are made as of the date of this news release, and we assume no obligation to update the forward-looking statements, or to update the reasons why actual results could differ from those projected in the forward-looking statements. Although we believe that the beliefs, plans, expectations and intentions contained in this press release are reasonable, there can be no assurance those beliefs, plans, expectations or intentions will prove to be accurate. Investors should consult all of the information set forth herein and should also refer to the risk factors disclosure outlined in our most recent annual report for our last fiscal year, our quarterly reports, and other periodic reports filed from time-to-time with the Securities and Exchange Commission.

For further information, please visit the company’s website: www.santominingcorp.com.

Tyler Troup, Managing Director
Circadian Group, Investor Relations

Toll Free: +1 (866) 865-2780
Toronto: +1 (647) 930-1037
New York: +1 (646) 257-2444

Email: 
Web: www.Circadian-Group.com
DD portal: http://www.circadian-group.com/santo.html

 

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Oremex Silver Hosts Portfolio of Silver Projects With an Inferred Mineral Resource of 50.8 Million Ounces *(ad client)

Posted by AGORACOM-JC at 12:46 PM on Wednesday, April 24th, 2013

The company has a portfolio of silver projects with an inferred mineral resource of 50.8 million ounces of silver at its Tejamen deposit. All of Oremex Silver’s projects are located in democratic, mining-friendly jurisdictions.

Additional Information on Oremex Silver
Additional Information on Oremex Silver Projects

PRESENTATION

 

FACTSHEET


 

About Oremex Silver

  • Oremex Silver Inc. (previously Oremex Resources Inc.) is a Canadian-based, pure
    silver focus, exploration and development company with mineral properties located in
    highly productive mineralized belts in Mexico
  • Portfolio of four silver projects includes mineral resource of 50.8M oz. of
    silver with P.E.A. at the Tejamen project
    • Visit Projects for additional information.
  • All projects are in mining, capital-friendly jurisdictions
  • Experienced Board of Directors and Management Team
    • Successful track record of exploration, development, discovery and mine
      building in Mexico with seasoned ability for new project evaluation and
      acquisition

Corporate Website / Hub on AGORACOM

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Mason Graphite announces robust preliminary economic assessment results, featuring 22 years of production at 27.4% Cgr and an IRR of 33.7%

Posted by AGORACOM-JC at 10:43 AM on Monday, April 22nd, 2013

MONTREAL, April 22, 2013  – Mason Graphite Inc. (“Mason Graphite” or the “Company”) (TSX.V: LLG) reports strong results of a Preliminary Economic Assessment study (“PEA”) for the development of its 100%-owned Lac Guéret graphite project in northeastern Quebec.

Financial Highlights
● Initial direct capital costs of $89.9M
● Production costs of $390 per tonne of finished product
● $364M pre-tax NPV (8% discount); $283M pre-tax NPV (10% discount)
● 33.7% pre-tax Internal Rate of Return
● Payback period of 2.5 years
● 22-year mine life
● Average sales price of $1,525 per tonne
Operational Highlights
● Annual production of 50,000 tonnes of graphite concentrate
● 27.4% average LOM graphite content in the mineralization
● Graphite recovery above 96%
● Up to 96.4% Cgr of finished product purity
● Stripping ratio of 0.76:1

 

Cautionary Note: A PEA is preliminary in nature and includes Inferred Mineral Resources, which are considered too geologically speculative to have mining and economic considerations applied to them that would enable them to be categorized as mineral reserves. Mineral resources that are not mineral reserves do not have demonstrated economic viability.  There is no certainty that the reserves development, production, and economic forecasts on which the PEA is based will be realized.

Benoît Gascon, CEO of Mason Graphite commented, “We are very pleased with the excellent results of the PEA, which demonstrates a low cost project with robust economics. Our senior management team has decades of cumulative experience producing and selling graphite, and with our partners, we have delivered a technically sound, realistic, and highly profitable project. The completion of the PEA is a significant milestone for the project and demonstrates that the Lac Guéret mine has the potential of becoming a reliable and long term global supplier of high quality graphite. We now intend to proceed with the next phase of development in order to bring this exceptional asset one step closer to production.”

The PEA was prepared by Met-Chem Canada Inc. (Montreal, Quebec), with contributions from SGS Minerals Services (“SGS”) (Lakefield, Ontario) for the process development; both are independent leading firms in the mineral processing industry. Unless otherwise noted, all monetary figures presented in this document are in Canadian dollars.

MINERAL RESOURCES

Excellent mineral growth potential expected

The PEA was prepared using data from the July 2012 mineral resource estimate, which consists of 0.3 million tonnes at 24.4% Cgr in the Measured category, 7.3 million tonnes at 20.2% Cgr in the Indicated category and 2.8 million tonnes at 17.3% Cgr in the Inferred category (see Technical Report dated July 3, 2012 for details). This mineral resource is hosted on a small portion of the GC Zone, as shown in figure 1.

July 2012 Mineral Resource Estimate

Categories Unit Tonnes Grade (% Cgr)
Measured (M) Unit 1 (4 to 10% Cgr)
Unit 2 (10 to 27% Cgr)
Unit 3 ( > 27 % Cgr)		 31,200
122,800
144,900		 7.82
14.85
36.72
All units 298,900 24.39
Indicated (I) Unit 1 (4 to 10% Cgr)
Unit 2 (10 to 27% Cgr)
Unit 3 ( > 27 % Cgr)		 2,672,500
2,089,200
2,535,300		 8.09
16.83
36.2
All units 7,297,000 20.24
M + I Unit 1 (4 to 10% Cgr)
Unit 2 (10 to 27% Cgr)
Unit 3 ( > 27 % Cgr)		 2,703,700
2,212,000
2,680,200		 8.67
18.30
36.96
All units 7,595,900 20.40
Inferred Unit 1 (4 to 10% Cgr)
Unit 2 (10 to 27% Cgr)
Unit 3 ( > 27 % Cgr)		 1,272,600
714,200
771,500		 7.56
17.54
33.1
All units 2,758,300 17.29

Since the completion of the July 2012 mineral resource, the Company has completed 26,500 metres of additional drilling. This program consisted of 145 drill holes around the resource envelope in the GC Zone and 18 drill holes in the GR Zone to test for continuity of mineralization (see Nov. 21, 2012 and Feb. 28, 2013 and April 3, 2013 press releases). The program successfully identified mineralization with similar grades in both zones.

After the 22-year mine life proposed in the PEA, 5.6 million tonnes of mineralization grading 13.1% of graphite will still remain as part of the 2012 mineral resource envelope. An updated mineral resource is currently underway by Roche Ltd. Consulting Group, which will include 145 new drill holes from the GC Zone; the Company expects that the addition of the latest GC Zone results in the upcoming mineral resource will significantly increase this quantity and grade and, consequently, will further increase the mine life beyond the one contemplated in the PEA.

COMMERCIAL SALES & REVENUES

50,000 tonnes of saleable graphite annually; $76.2 million in annual revenues

The Lac Guéret mine will produce an average of 50,000 tonnes of saleable graphite annually. At an average sale price of $1,525 per tonne, this represents $76.2 million in annual revenue. The flake size distribution and associated prices are summarized in the table.

Graphite flake distribution and price assumptions

Product Category Tonnes of Product Price per Tonne Annual Revenue
+50 mesh 9,200 $2,200 $20,240,000
+80 mesh 6,095 $2,000 $12,190,000
+150 mesh 7,136 $1,500 $10,703,000
-150 mesh 27,569 $1,200 $33,083,000
Total 50,000 $1,525 $76,217,000

The sale price assumptions used in the PEA were based on the 24-month average graphite prices published by Industrial Minerals magazine (”IM”). Applying Mason’s product distribution to IM’s 24-month averages, the average selling price would become $1,974/tonne. In comparison to the industry’s market prices, the graphite prices used in the PEA are deemed by the Company to be conservative.

Luc Veilleux, CFO of Mason Graphite, commented, “The conservative price assumptions used in the PEA could represent a potential opportunity for improved economics. Integrating the 24-month average IM price of $1,974/tonne in the financial model could yield a potential improvement with a pre-tax NPV (8% discount) of $558M and an IRR of 44.7%.”

The commercial scenario used in the PEA considers realistic assumptions that are based on Mason Graphite’s established relationships with existing markets. Graphite is not an openly traded mineral, therefore prices are negotiated between end-users and producers in annual or multi-year contracts. The Company will continue to build close and continuous relationships with its potential customers in order to tailor the finished product to meet their exact needs. The Lac Guéret project does not rely on yet-to-come technologies and demands; however, it will be well positioned to work with new applications, technologies, markets and customers.

MINING

Highlights
Mining costs $36/tonne of finished product; $6/tonne mined
Average graphite grade 27.4% Cgr
Stripping ratio 0.76:1
Average graphite material mined per year 176,000 tonnes
Average waste mined per year 134,000 tonnes
Total material moved per year 310,000 tonnes

The Lac Guéret graphite deposit outcrops on surface, therefore mining will be carried out using conventional open pit mining. Due to the hard nature of the mineralization, drilling and blasting will be required. The high grade graphite in the mineralization and the low waste stripping ratio will result in a very low amount of total material movement. Throughout the life of the mine, only about 6 tonnes of material will have to be mined for the production of one tonne of finished graphite concentrate.

The processing plant and waste dump will be located less than 1,500 metres from the mine to ensure short cycle times and low production costs.

PROCESSING & RECOVERY

Proven process resulting in exceptionally high graphite recoveries above 96%

Highlights
Processing costs $221/tonne of finished product;
$63/tonne of material processed
Annual average processing rate 176,000 tonnes
Annual average production 50,000 tonnes of graphite concentrate
Average graphite recovery Above 96%
Finished product purity Up to 96.4% Cgr

The graphite recovery process at Lac Guéret consists of crushing, followed by multiple steps of grinding and flotation separation circuits. The processing plant is based on a flow sheet developed by SGS, using proven technologies to create a very efficient process resulting in remarkably high graphite recoveries. Lock cycle tests were performed by SGS and have demonstrated the robustness of the flow sheet.

Using standard product specifications of the industry, commercial distribution was calculated based on the mineral deposit’s metallurgical distribution. See the Company’s press release dated February 22, 2013 for further detail on the Lac Guéret metallurgical results.

The processing plant was designed to allow for capacity increases to satisfy the market demand.

Flake size distribution for annual production of 50,000 tonnes of concentrate

Flake Size Distribution (%) Tonnes of Product
+50 mesh 18.4% 9,200
+80 mesh 12.2% 6,095
+150 mesh 14.3% 7,136
-150 mesh 55.1% 27,569
Total 100.0% 50,000

Additional development work is planned with the goal of further optimizing the flake size distribution as well as the purity of the final concentrate. These tests will also be conducted on samples obtained from other areas of the mineral deposit.

CAPITAL & OPERATING COSTS

Low capital intensity and cash operating costs

Capital Cost Breakdown
Mining $8,026,000
Plant $55,264,000
Tailings and water management $4,271,000
Infrastructure and Services $17,074,000
Total direct costs $89,935,000
Contingency (20 % of direct costs) $17,987,000
$107,922,000
Indirect costs $21,768,000
Sustaining capital $6,281,000
Mine closure and rehabilitation $4,493,000

 

 

Cash Operating Cost Breakdown (per tonne of finished product)
Mining $36/tonne
Plant $221/tonne
Support & Infrastructure $133/tonne
Total $390/tonne

PROJECT LOCATION & INFRASTRUCTURE

Excellent accessibility in a stable and mining-friendly jurisdiction

The Lac Guéret property covers approximately 11,630 ha (116 km2) in northeastern Quebec, and is located about 300 km north of the main service centre of Baie-Comeau. The mine site is accessible from the main public highway, Hwy 389, via approximately 80 km of good quality logging roads throughout the property. The Company plans to build a mining and operations camp that will consist of accommodations for the personnel, offices and a fully equipped maintenance facility for the fleet of vehicles. Power for the project will be produced onsite using diesel generators.

The Technical Report will be posted on Mason Graphite’s website at www.masongraphite.com and on SEDAR at www.sedar.com, within 45 days following this news release.

Quality Control and Assurance

Mary-Jean Buchanan, Eng. M.Env., of Met-Chem Canada Inc. independent Qualified Person as defined by National Instrument 43-101, for the purposes of the PEA has reviewed the technical content of this press release. Jean L’Heureux, Eng., Senior Director of Process Development for Mason Graphite, and a Qualified Person for Mason Graphite has read and approved this press release.

About Mason Graphite

Mason Graphite is a Canadian mining company focused on the exploration and development of its 100% owned Lac Guéret graphite property, which is located in northeastern Québec near the main service center of Baie-Comeau. The Lac Guéret graphite property currently hosts a National Instrument 43-101 compliant Mineral Resource (see news release issued on July 16, 2012), which considers the exploration of only 17% of one well defined zone. Excellent potential exists for mineral growth. The Company’s senior management team possesses significant graphite expertise from their experience at Timcal/Imerys; including Benoit Gascon, CPA, CA, who held 20 years of executive positions, including over 6 years as President and CEO; Jean L’Heureux, Eng., Senior Director of Process Development, with over 20 years of experience; and Luc Veilleux, CPA, CA, with 8 years of experience. Timcal, now owned by Imerys, is one of the largest graphite producers in the world.

Cautionary Statements Regarding Forward Looking Information

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

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

 

 

 

 

Image with caption: “Figure 1 – GR Zone & GC Zone showing July 2012 mineral resource area (CNW Group/Mason Graphite Inc.)”. Image available at: http://photos.newswire.ca/images/download/20130422_C7293_PHOTO_EN_25822.jpg

Image with caption: “Figure 2 – Lac Guéret property location and infrastructure (CNW Group/Mason Graphite Inc.)”. Image available at: http://photos.newswire.ca/images/download/20130422_C7293_PHOTO_EN_25821.jpg

SOURCE: Mason Graphite Inc.
For further information:

For more information about Mason Graphite, visit www.masongraphite.com or contact:

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

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

Benoît Gascon, President & CEO
+1 (514) 289-3574

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

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

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Focus Graphite Reports Commissioning and Start Up of Lac Knife Project Pilot Plant

Posted by AGORACOM-JC at 8:52 AM on Wednesday, April 17th, 2013

OTTAWA, ONTARIO–(April 17, 2013) – Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) (“Focus” or the “Company”) is pleased to report the commissioning of its pilot plant and the start-up of circuit testing for the production of high-grade graphite concentrates from the Company’s wholly-owned Lac Knife, Québec graphite project.

The principal objectives of the pilot plant testwork are to confirm the results from Phase II bench scale Locked Cycle Tests (LCT)*; to assess the technical viability and operational performance of the processing plant design; to generate tailings for environmental testing, and; to produce a range of graphite raw materials for customer assessments and for further upgrading.

The Lac Knife project pilot plant was designed and built and is being operated by SGS Canada Inc. (“SGS”) in Lakefield, Ontario. The testing is expected to last 4-6 weeks.

Dr. Joseph Doninger, Focus Graphite’s Director of Manufacturing and Technology said the pilot plant tests are a critical component of the Lac Knife project development program.

“The testwork will provide us with the information we need to refine and optimize the design our mineral processing flow sheet and adjust individual circuits. They’ll also generate data needed for scale up of relevant processing equipment and to identify those critical controls required to maintain consistency of graphite concentrate recovery and purity.

“At the end of the day,” Dr. Doninger said, “the pilot plant campaign will provide us with the knowledge and the ability to adjust our processes to produce high purity graphite concentrates to fit individual customers’ needs and technical requirements.”

On March 4, 2013, the Company published its preliminary Phase II LCT* results which confirmed the high purity of the concentrates generated from four composite core samples comprised of low-grade and semi-massive graphite with a head grade ranging between 6.0% C and 20.7% C.

The highlights of those tests conducted by SGS confirmed:

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

Final results for Phase II LCT including for the two composite drill core samples of massive graphite mineralisation are pending.

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

Lac Knife Pilot Plant Testing Program

The pilot plant was designed, built and is being operated by SGS Canada Inc. (“SGS”) in Lakefield, Ontario. The flow-sheet design for the pilot plant is based on the results of Phase II bench top LCT at SGS and on the findings of experimental test work conducted at Metchib Metallurgical Laboratories of Chibougamau, Québec. The pilot plant is designed to operate in continuous mode at a feed rate of 200 kg per hour and it includes grinding mills, mechanical flotation cells, magnetic separator, flotation columns, classification devices, dewatering and other ancillary equipment such as power generation, electrical components, internal piping, a water distribution system and flotation reagent distribution. The grinding and floatation components of the circuit have been configured specifically to minimize flake wear and breakage and ensure maximize flake size preservation.

Two bulk graphite composites were provided to SGS by the Company to use as feed material for the pilot plant. The first is a bulk 21.6t sample of weathered semi-massive grade graphite mineralisation collected from surface that will be used for mechanical and metallurgical commissioning of the pilot plant circuit. The second bulk composite sample was assembled from drill core and consists of a 23.3t blend of core samples from the massive, semi-massive and low-grade mineralisation zones from the deposit. Both composites were crushed and homogenized by SGS prior to the pilot plant campaign to ensure consistent feed. Once the pilot plant circuit is dialed-in using the surface bulk sample, the composite core sample will be introduced into the circuit. The results from the processing of the bulk drill core sample will be used to establish the processing plant flow-sheet design. Graphite flake samples produced from the pilot plant will be submitted to potential customers for quality evaluations and purification trials designed to generate final saleable products.

Testing at SGS is expected to last 4-6 weeks.

About Focus Graphite

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

About SGS Canada’s Metallurgical Services (Lakefield)

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

The technical information presented in this press release has been reviewed by Marc-André Bernier, M.Sc., P.Geo. (Québec and Ontario), Focus Director and a Qualified Person under NI 43-101.

Forward Looking Statements – Disclaimer

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

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

Contact Information

 

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

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Lomiko Sends 94%-100.00%, High to Ultra Pure Carbon Flake Graphite Samples to Graphene Labs for Graphite to Graphene Testing

Posted by AGORACOM-JC at 1:43 PM on Tuesday, April 16th, 2013

VANCOUVER, BRITISH COLUMBIA and NEW YORK, NEW YORK–(April 16, 2013) – LOMIKO METALS INC. (TSX VENTURE:LMR)(PINKSHEETS:LMRMF)(FRANKFURT:DH8B) (Europe: ISIN: CA54163Q1028, WKN: A0Q9W7) (the “Company”) announces that it has prepared a variety of high to ultra pure carbon flake graphite samples for testing by Strategic Alliance Partner Graphene Laboratories Inc. (“Graphene Labs”), which has been involved in researching graphene and the development of graphene-related products.

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

Lomiko will provide mineral samples from the Quatre Milles Project required for testing natural high quality flake graphite for graphene conversion. The primary goal of testing is for Graphene Labs to develop a feasible procedure for the purification of flake graphite for use in graphene production. Graphene Labs will also provide guidance on technologies tailored to the production of graphene and graphene-related materials.

Further, Lomiko will continue to work towards securing financing to complete the acquisition of the Quatre Milles West Property.

Graphene Laboratories Inc. Background

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

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

For more information on Graphene Laboratories, Inc, visit www.graphenelabs.com or contact them at (516)-382-8649 or via email at [email protected].

Lomiko Metals Inc Background

Lomiko Metals Inc. is a Canada-based, exploration-stage company. The Company is engaged in the acquisition, exploration and development of resource properties that contain minerals for the new green economy. Its mineral properties include the Quatre Milles Graphite Property and the Vines Lake property which both have had recent major discoveries. In April, 2012, a 122 Ha zinc anomaly in soils was found on the Company’s 100% owned Vines Lake property. The Vines Lake property is located in the south western corner of the Cassiar Gold District. The Vines Lake property consists of fifteen claims comprising 5,290 hectares. In October and November, 2012, Lomiko Metals Inc. announced 11 drill holes had intercepted several high grade intercepts of 9.81%, 10.11% and 10.80% over 3 to 5 metres in length 4.77 metres or less from the surface at the 3,780 Ha Quatre Milles Property indicating open pit potential. The project is located 175 km north of the Port of Montreal and 26 km from a major highway on a well-maintained gravel road.

On Behalf of the Board

A. Paul Gill, Chief Executive Officer

We seek safe harbor.

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

Contact Information

 

Lomiko Metals Inc.
A. Paul Gill
604-729-5312
[email protected]
www.lomiko.com

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Grafoid Inc. and the University of Waterloo Announce a JV Agreement to Develop High Performance Graphene Electrochemical Energy Systems

Posted by AGORACOM-JC at 10:28 AM on Tuesday, April 16th, 2013

OTTAWA, ONTARIO–(April 16, 2013) – Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) on behalf of Grafoid Inc. (“Grafoid”) is pleased to announce the signing of a two-year R&D agreement between Grafoid Inc. and the University of Waterloo to investigate and develop a graphene-based composite for electrochemical energy storage for the automotive and/or portable electronics sectors.

Gary Economo, President and CEO of Focus Graphite Inc. and Grafoid Inc., said the objective of the agreement is to research and develop patentable applications using Grafoid’s unique investment which derives graphene from raw, graphite ore to target specialty high value graphene derivatives ranging from sulfur graphene to nanoporous graphene foam.

Some of the new graphene materials will contribute positively as a powerful next generation composite for fuel cell/electrochemical supercapacitor applications, he said.

Those applications include but are not limited to: electrodes, nanocatalyst support, electrolyte membranes and bipolar plates, transparent electrodes and other potential applications which create high-efficiency solutions in electrochemical energy systems and portable electronics.

“Today’s announcement marks Grafoid’s fifth publicly declared graphene development project with a major academic or corporate institution, and the third related directly to a next generation green technology or renewable energy development project,” Mr. Economo said.

It follows R&D partnering projects announced with Rutgers University’s AMIPP, CVD Equipment Corporation, with Hydro-Quebec’s research institute, IREQ, and with British Columbia-based CapTherm Systems, an advanced thermal management technologies developer and producer.

Mr. Economo said Grafoid’s investment in highly conductive graphene, combined with the University’s advanced catalyst technologies could advance the science “by opening the door to a realistic, cost-competitive option to other energy solutions.”

“Given our growth agenda for 2013, we expect to be in a position to announce a number of additional application development projects throughout the course of 2013,” Mr. Economo added.

Dr. Aiping Yu, Assistant Professor, Department of Chemical Engineering at the University of Waterloo will be the lead investigator of the project. Dr. Gordon Chiu, Research Scientist, Department of Chemical Engineering at the University of Waterloo will be working on the project.

Dr. Chiu said that research and discovery on graphene sulfur and nanoporous graphene is well documented and is a cornerstone for a wide range of applications

“The technology for tailoring graphene for energy storage systems must be developed. This will lead to unique intellectual property assets.

“Our group’s approach for targeting graphene derivatives that powerfully impact next generation energy storage systems adds significant value to commercial applications while providing invaluable knowledge and insight about the engineering of graphene and certain graphene metamaterials,” Dr. Chiu said.

Dr. Yu said that graphene without proper porosity and polarity remain “a constant roadblock for entry into next generation energy storage applications.

“My group will focus on solving the specific tailoring and design of graphene to enable entry into these energy storage areas” she said. ”

“Grafoid’s decision to invest in reducing or removing such a roadblock is a brilliant approach of enhancing graphene for impacting fuel cells, electrochemical supercapacitors and/or other portable energy storage systems,” Dr. Yu added.

Background

Alternative Energy & Graphene:

The quest for alternative energy sources is one of the most important and exciting challenges facing science and technology in the 21st century. Environmentally-friendly, efficient and sustainable energy generation and usage have become large efforts for advancing human societal needs. Graphene is a pure form of carbon with powerful characteristics which can bring about success in portable, stationary and transportation applications in high energy demanding areas in which electrochemical energy storage and conversion devices such as batteries, fuel cells and electrochemical supercapacitors are the necessary devices.

Electrochemical Supercapacitors:

Supercapacitors, a zero-emission energy storage system, have a number of high-impact characteristics, such as fast charging, long charge-discharge cycles and broad operating temperature ranges, currently used or heavily researched in hybrid or electrical vehicles, electronics, aircrafts, and smart grids for energy storage. The US Department of Energy has assigned the same importance to supercapacitors and batteries. There is much research looking at combining electrochemical supercapacitors with battery systems or fuel cells.

Fuel Cells:

A fuel cell is a zero-emission source of power, and the only byproduct of a fuel cell is water. Some fuel cells use natural gas or hydrocarbons as fuel, but even those produce far less emissions than conventional sources. As a result, fuel cells eliminate or at least vastly reduce the pollution and greenhouse gas emissions caused by burning fossil fuels, and since they are also quiet in operation, they also reduce noise pollution. Fuel cells are more efficient than combustion engines as they generate electricity electrochemically. Since they can produce electricity onsite, the waste heat produced can also be used for heating purposes. Small fuel cells are already replacing batteries in portable products.

Toyota is planning to launch fuel cell cars in 2015, and has licensed its fuel cell vehicle technology to Germany’s BMW AG. BMW will use the technology to build a prototype vehicle by 2015, with plans for a market release around 2020.

By 2020, market penetration could rise as high as 1.2 million fuel cell vehicles, which would represent 7.6% of the total U.S. automotive market. Other fuel cell end users are fork lift and mining industries which continuously add profits to this growing industry.

Proton or polymer exchange membranes (PEM) have become the dominant fuel cell technology in the automotive market.

The U.S. Department of Energy has set fuel cell performance standards for 2015. As of today, no technologies under development have been able to meet the DOE’s targets for performance and cost.

About Focus Graphite Inc.

Focus Graphite Inc. is an emerging mid-tier junior mining development company, a technology solutions supplier and a business innovator. Focus is the owner of the Lac Knife graphite deposit located in the Côte-Nord region of northeastern Québec. Focus’ 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 also investing in the development of graphene applications and patents through Grafoid Inc.

About Grafoid Inc.

Grafoid, Inc. is a privately held Canadian corporation investing in graphene applications and economically scalable production processes for pristine bilayer and trilayer graphene and its graphene derivatives from raw, unprocessed, graphite ore.

Focus Graphite, Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) holds a principal interest in Grafoid on behalf of its shareholders.

About the University of Waterloo

In just half a century, the University of Waterloo, located at the heart of Canada’s technology hub, has become one of Canada’s leading comprehensive universities with 35,000 full- and part-time students in undergraduate and graduate programs. Waterloo, as home to the world’s largest post-secondary co-operative education program, embraces its connections to the world and encourages enterprising partnerships in learning, research and discovery. In the next decade, the university is committed to building a better future for Canada and the world by championing innovation and collaboration to create solutions relevant to the needs of today and tomorrow. For more information about Waterloo, please visit www.uwaterloo.ca.

Contact Information

 

Gary Economo
President and CEO
Focus Graphite Inc.
613-691-1091 ext. 101
[email protected]
www.focusgraphite.com

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Posted in Graphite | Comments Off on Grafoid Inc. and the University of Waterloo Announce a JV Agreement to Develop High Performance Graphene Electrochemical Energy Systems

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