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Golden Hope announces Additional Gold Assays, 16 meters of 1.66 grams per ton gold, 195 intersected 90 meters of 0.59 grams per ton gold

Posted by AGORACOM-JC at 10:27 AM on Thursday, January 17th, 2013

Golden Hope announces Additional Gold Assays from its Bellechasse-Timmins Gold Deposit

Highlights include:

  • Hole 137d intersected 16 meters of 1.66 grams per ton gold
  • Hole 195 intersected 90 meters of 0.59 grams per ton gold

Press Release / Corporate Website / Hub On AGORACOM

———————————————–

Golden Hope announces Additional Gold Assays from its Bellechasse-Timmins Gold Deposit

TSX VENTURE: GNH
Pink Sheets: GOLHF

MONTREAL, Jan. 17, 2013  – Golden Hope Mines (TSX VENTURE: GNH)(Pink Sheets: GOLHF) – Golden Hope Mines Limited is pleased to announce the latest results from the 2012 drill campaign on the Bellechasse-Timmins Gold Deposit in southeastern Quebec. The drill holes confirm and improve the confidence of its resource and further extend mineralised zones (88 Zones) at surface.

The company is pleased to present the following table of highlights from eight holes.

 

Hole Number From To Length (m) Au (g/t)
BD2012-137d 481 497 16 1.66
Including 494 495 1 9.86
BD2012-154d 339 340 1 1.48
BD2012-195 9 11 2 0.87
BD2012-195 188 278 90 0.59
Including 188 208 20 1.21
Including 215 222 7 1.03
Including 232 238 6 1.03
Including 271 273 2 2.57
BD2012-195 * 336 337 1 144.0
BD2012-196 74 87 13 0.71
BD2012-197 67 68 1 1.13
BD2012-197 98 99 1 2.09
BD2012-198 109 114 5 0.31
BD2012-199 143 153 10 0.64
Including 146 147 1 4.30
BD2012-200 191 201 10 0.66
Including 191 192 1 2.68
Including 199 200 1 1.82

Table 1: Highlights from Bellechasse-Timmins holes; length are core lengths and results are not capped.  
 *= previously reported in the November 7, 2012 news release (nr_2012_11_07.pdf).

“We are very pleased with these latest results as they not only confirm the previous results announced on the Bellechasse-Timmins gold deposit but also extend the 88 zones near surface” states Frank Candido, President, Golden Hope Mines Limited.

Of the 21 holes drilled in the fall 2012 drill campaign, eleven (11) were drilled in the Bellechasse-Timmins gold deposit and ten (10) on other targets on the Bellechasse-Timmins claims block. The 10 holes on other targets are still pending assay results.

Drilling on Bellechasse-Timmins gold deposit area aimed at improving confidence in the resource model; to better define the mineralized structures and to extend the 88 zones to the east close to surface. Holes BD2012-137d and BD2012-154d were extensions of existing holes, BD2012-195 was a new hole, while holes BD2012-196 through 200 were all near surface holes drilled to extend the 88 zones.

  • Holes BD2012-137d and 154d both cut mineralized diorites and improved confidence in the resource estimate. Hole BD2012-137d confirmed the previously interpreted mineralized zone with a horizontal true width of 14 meters. Hole BD2012-154d tested the extension of the Ascot mineralization down to 305 meters depth.
  • Hole BD2012-195 was drilled two sections to the northwest of the “magic core” in hole BD2011-167 which yielded 6140 g/t gold over 1 meter.  The hole confirmed the mineralized envelope and tested the lateral extent of the “jewellery zone” of the 167 holes (BD2011-167, BD2011-167a and BD2012-167b).  The 90 meter long interval grading 0.59g/t Au confirming the presence of the mineralized envelope.  Its steep and somewhat oblique drilling angle explains the 90 meter long interval; on section and it matches the 55 meter intervals of the 167 holes ( http://www.goldenhopemines.com/_resources/news_releases/nr_2012_03_05.pdf) . The high grade, 144g/t Au, result from 336 to 337 meters is interpreted as the lateral extension of the original “magic core” of BD2011-167.  Further drilling will be required to better define its orientation and extent.
  • BD2012-196, 197, 198, 199 and 200 were drilled at the eastern extension of the 88 Zones at shallow depths to extend its mineralized surface to the east and to depth.  BD2012-196 and 197 intersected the mineralized envelope below BD2012-188 and 193 respectively.  Holes BD2012-198 and 199 were drilled on section 70 metres away and encountered the mineralized envelope which extended the 88 Zones eastward. The drill was then moved south along the same section and hole BD2012-200 intersected the same envelope down dip.
  • Holes BD2012-201, 202 and 203 were drilled 500 meters southwest of the Bellechasse-Timmins gold deposit to test a Quebec Ministere des Ressource Naturelles (MRN) interpreted diorite dyke which returned no significant results.

Samples for gold (Au) were prepared and analyzed at Actlabs in Ancaster, Ontario. Analysis for gold was done on one half of core samples following Fire Assay Gravimetric method including a specific sample preparation. For QA-QC purposes, blanks were introduced by GNH prior to shipping and in addition ActLabs introduced standards and blanks in the sequence during sample preparation.

Claude Duplessis, Eng and Claude Bisaillon, Eng. are qualified persons (QP) in compliance with National Instrument 43-101 and have reviewed the technical contents of this press release.

About Golden Hope Mines Limited:

Golden Hope Mines Limited is a mineral exploration company that seeks to grow shareholder value through the acquisition, exploration and development of potentially large-scale gold and base metal projects suitable for underground and/or open-pit mining. The company’s focus is in southeastern Quebec, Canada. The company’s claim blocks lie within an area that extends approximately 100 kilometres along the Appalachians of southern Quebec from near Ste-Lucie-de-Beauregard to about 16 kilometres southwest of Beauceville. The Bellechasse-Timmins gold deposit lies 5 kilometres southeast of St-Magloire within the Bellechasse Belt an approximately 18 kilometre long mineralized area. The Bellechasse-Timmins gold deposit includes the T1, T2A, T2B, Ascot/Road gold zones, and the 88 Diorite. The company is also looking to develop the Champagne zone, a partially explored base metal and gold deposit that lies within the Company’s Bellechasse Belt claims. A recently completed VTEM survey may identify other similar targets along the horizon. The company is also working to develop other targets within its claim blocks including the FSG gold and base metal target, Chute du Bras, the LG showing, Moose Cliff, and Talon. For further information on Golden Hope Mines Limited please visit www.goldenhopemines.com.

Statements Regarding Forward-Looking Information: Information set forth in this news release by Golden Hope Mines Ltd. may contain forward-looking information within the meaning of Canadian securities laws. Forward-looking information includes statements that relate to future, not past, events. In this context, forward-looking information often addresses the Company’s expected future business and financial performance, and often contains words such as “anticipate”, “believe”, “plan”, “estimate”, “expect” and “intend”, statements that an action or event “may”, “might”, “could”, “should” or “will” be taken or occur, or other similar expressions (including negative and grammatical variations). Such information includes plans, timing and expectations for updates of the Company’s resource estimate; expectations regarding the Company’s planned exploration activities and budget; the timing for receipt of drilling and assay results; and plans for further exploration and drilling at Bellechasse-Timmins and Champagne/VMS and other targets along the Bellechasse Belt. By their nature, forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the Company’s actual results, performance or achievements, or other future events, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others, the following risks: the risks associated with any outstanding litigation; risks associated with exploration activities and project development; timing of and unexpected events regarding the receipt and interpretation of drilling and assay results; delays in the preparation of resource estimate updates; the need for additional financing; operational risks associated with mineral exploration; fluctuations in gold and other commodity prices; title matters; technical and permitting issues; environmental liability claims; insurance matters; reliance on key personnel; the potential for conflicts of interest among certain officers, directors or promoters with certain other projects; the absence of dividends; competition; dilution; the volatility of our common share price and volume; the impact of taxation; and general economic conditions. Forward-looking information is based on management’s beliefs, estimates and opinions on the date hereof and the Company undertakes no obligation to update any forward-looking information if these beliefs, estimates and opinions or other circumstances should change. Investors are cautioned against attributing undue certainty to forward-looking information. 

Any historical mineral quantities set forth herein are, unless otherwise indicated, not compliant with National Instrument 43-101.

 

SOURCE: Golden Hope Mines Limited

For further information:Golden Hope Mines Limited
Frank Candido
: President, Director
Tel: 514-750-8218
[email protected]
[email protected]
www.goldenhopemines.com

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Lomiko Provides Graphite, Graphene and Lithium-Ion Battery Infographics Links for Investors via Visual Capitalist

Posted by AGORACOM-JC at 1:17 PM on Wednesday, January 16th, 2013

VANCOUVER, BRITISH COLUMBIA–(Jan. 16, 2013) – LOMIKO METALS INC. (TSX VENTURE:LMR)(PINKSHEETS:LMRMF)(FRANKFURT:DH8B) (Europe: ISIN: CA54163Q1028, WKN: A0Q9W7) (the “Company”) has sponsored three infographics by Visual Capitalist which summarize the Graphite Market, Graphene and the Lithium-Ion Battery. Both Visual Capitalist and Lomiko Metals Inc. have agreed to allow links to be re-published and shared for the information of investors.

Quatre Milles Graphite Property:

Click here to view full version

Graphite:

Graphite - the Driving Force Behind Green Technology

Graphene:

The Lithium-Ion Battery:

Lithium-ion Infographic

The Quatre Milles drill hole map and a full set of drill results released October 22 and November 13, 2012 are available at:

http://www.lomiko.com/properties/quatre.html

On Behalf of the Board

A. Paul Gill, Chief Executive Officer

We seek safe harbor.

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

Contact Information

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Focus Graphite Inc. Announces Bought Deal Private Placement of Flow-Through Shares

Posted by AGORACOM-JC at 9:01 AM on Wednesday, January 16th, 2013

NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN

Focus Graphite Inc. (“Focus Graphite” or the “Company”) (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) is pleased to announce that it has entered into an agreement with Cormark Securities Inc. (the “Underwriter”), pursuant to which the Underwriter has agreed to act as underwriter in connection with the offer and sale of 3,300,000 flow through shares (“Flow-Through Shares”) of Focus Graphite (the “Offering”) on a private placement basis. The Flow-Through Shares shall be offered at a price of $0.91 per share for aggregate gross proceeds of approximately $3.0 million.

The closing of the Offering is expected to occur on or about February 5, 2013 and is subject to the completion of formal documentation and receipt of regulatory approval, including the approval of the TSXV.

The proceeds of the financing will be used to incur general exploration expenditures that are “flow-through mining expenditures” (CEE), as defined under the Income Tax Act (Canada), that will be renounced in favour of the purchasers with an effective date of no later than December 31, 2013. The funds are intended to be used for in-fill and exploration drilling of Focus Graphite’s Lac Knife Graphite Project located in Québec.

The securities described herein have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States unless registered under the Act or unless an exemption from registration is available.

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

This news release includes certain “forward looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995. Without limitation, statements regarding potential mineralization and resources and reserves, exploration results, and future plans and objectives of the Company are forward looking statements that involve various degrees of risk. The following are important factors that could cause the Company’s actual results to differ materially from those expressed or implied by such forward looking statements: changes in the world wide price of mineral commodities, general market conditions, risks inherent in mineral exploration, risks associated with development, construction and mining operations, the uncertainty of future profitability and the uncertainty of access to additional capital.

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

Contact Information

  •  
    Focus Graphite Inc.
    Gary Economo
    President and Chief Executive Officer
    (613) 691-1091 ext. 101
    www.focusgraphite.com

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Focus and Lara Sign a Definitive Option Agreement for the Caninde Graphite Project, Ciera State, Brazil *Client*

Posted by AGORACOM-JC at 11:31 AM on Monday, January 14th, 2013

OTTAWA, ONTARIO–(Jan. 14, 2013) – Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) (“Focus” or the “Corporation“) is pleased to announce that it has signed a Definitive Option Agreement (the “Agreement”) with Lara Exploration Ltd. (“Lara”)(TSX VENTURE:LRA) regarding Lara’s wholly-owned Canindé graphite project located in Ceará State, northeastern Brazil.

The definitive Agreement

Under the terms of the Agreement, Lara through its wholly-owned British Virgin Islands subsidiaries Lara (BVI) Ltd. and Pan Brazilian (BVI) Ltd. which collectively own 100% of the mineral rights to the Canindé property (the “Property”), has granted Focus two separate options to acquire a total 60% undivided interest in the Property, subject to an Underlying Royalty to a third party on 11 Exploration Licenses (2% of gross revenue from production sales to a lifetime maximum of R$750,000), in consideration of a staged exploration expenditure commitment over 5 years, the issuance of 500,000 common shares of Focus to Lara on or before the third anniversary of the Agreement and the reimbursement of Lara for certain claim acquisition costs. Focus will act as the Operator of the Canindé project exploration program throughout the duration of the Agreement.

Under the First Option, Focus can earn a 51% interest in the Property by: (i) paying R$30,000 to a third party for claim acquisition costs on or before the date of this Agreement; (ii) issuing 500,000 common shares to Lara (100,000 shares upon signing of the agreement and 400,000 shares by the third anniversary thereof) and (iii) carrying out exploration on the Property (including 2,000 m of drilling and an electromagnetic survey of the entire Property) totalling $2.5 million by the third anniversary of the Agreement based on the following schedule: $500,000 each in years 1 and 2; and $1.5 million in year 3.

Under the Second Option, Focus can earn an additional 9% interest in the Property by carrying out additional exploration work including a further 5,000 m of drilling and by completing a positive Preliminary Economic Assessment (“PEA”) as defined in National Instrument 43-101 (“NI 43-101”), for a total expenditure of at least $4.5 million by the fifth anniversary of the Agreement. Focus shall also be responsible for paying R$200,000 due to a third party upon the definition of a graphite deposit on the Property which qualifies as a mineral reserve under NI 43-101 and the approval thereof by the Departamento Nacional de Produção Mineral of Brazil (“DNPM”), whether such reserve is established during the Option Period or after Focus has exercised the First Option or Second Option.

If Focus elects not to exercise the Second Option, or elects but fails to exercise the Second Option, Lara and Focus will enter into the Joint Venture with Focus holding a 51% interest and Lara holding a 49% interest in the Property. If Focus exercises the Second Option, Lara and Focus will enter into the Joint Venture with Focus holding 60% interest and Lara holding 40%. Upon the execution of the Joint Venture Agreement, both Parties will proportionately fund the exploration program and the party holding majority interest will be deemed the operator of the Joint Venture. If a Party’s interest is reduced to less than 10%, its interest in the Joint Venture shall be converted into a 2% production royalty.

About Focus Graphite

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

Forward Looking Statements – Disclaimer

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

FOR FURTHER INFORMATION PLEASE CONTACT:

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 Makes Metallurgical Studies at Quatre Milles Crystalline Flake Graphite Project a Top Priority *Client*

Posted by AGORACOM-JC at 9:13 AM on Monday, January 14th, 2013

Vancouver BC – LOMIKO METALS INC. (TSX-V:LMR, OTC: LMRMF, Europe: ISIN: CA54163Q1028, WKN: A0Q9W7,) (the “Company”) will make completing metallurgical studies a top priority at the Quatre Milles East Flake Graphite Project in order to follow-up on positive drilling results.

2013 Goals

-Complete Metallurgical studies on the graphite at Quatre Milles East.

-Raise the profile of the Company with Institutions

-Improve US Exposure through new listing

-Perform preliminary exploration at Quatre Milles West.

-Complete a 43-101 compliant flake graphite resource study.

China, which produces about 90 per cent of the world’s graphite, is seeing production and export growth leveling, and export taxes and a licensing system have been instituted in order to regulate and control supply. Europe and the USA have both indicated graphite is of economic importance and has a supply risk (Critical Raw Materials for the EU, July 2010).

“There is currently extensive research being conducted for graphite and graphene related innovations and inventions. Over 400 patents have been filed for graphite and graphene related products in the past 5 years.” stated A. Paul Gill, CEO.

Given the high possibility of future limited supply of sought-after flake graphite and growing demand, Lomiko has acquired the Quatre Milles Project and completed 23 drill holes, all of which intersected mineralization. An NI 43-101 Resource has not been filed for the property nor has a Pre-Economic Assessment (PEA). The full extent of mineralization remains to be tested under Phase II of the exploration program along strike and at depth.

The Quatre Milles Property East is road accessible via Highway No.1 and a gravel road and is located approximately 175 km northwest of Montreal and 17 km due north of the village of Sainte-Veronique, Quebec. The property consists of 28 contiguous claims totaling approximately 1,600 hectares. Lomiko recently optioned the Quatre Milles West Property, a 2180 Ha Property with similar geology. Combined, the Quatre Milles Property Package is 3,780 Ha.

Highlighted Drill Holes

-QM 12-04 5.00 m to 75.00 m 70.00 meters of 2.17 Cg%

including 12.50 meters of 4.58 Cg%

-QM 12-03 3.50 m to 54.62 m 51.12 meters of 1.48 Cg%

-QM 12-06 40.00 m to 71.50 m 31.50 meters of 1.94 Cg%

-QM 12-10 4.50 m to 47.42 m 42.92 meters of 2.47 Cg%

including 5.46 meters of 8.02 Cg%

-QM 12-16 31.48 m to 51.00 19.52 meters of 6.23 Cg%

-QM 12-17 5.20 m to 37.73 m 32.53 meters of 2.89 Cg%

-QM 12-19 2.00 m to 43.30 m 41.30 meters of 2.73 Cg%

-QM 12-20 4.30 m to 44.75 m 40.45 meters of 2.83 Cg%

including 3.45 meters of 10.01 Cg%

-QM 12-21 1.35 m to 39.50 m 38.15 meters of 3.43 Cg%

including 4.77 meters of 10.80 Cg%

-QM 12-22 11.20m to 51.00 m 39.80 meters of 3.71 Cg%

including 9.90 meters of 8.81 Cg%

-QM 12-23 6.90 m to 50.10 m 43.20 meters of 3.71 Cg%

-Drill hole intervals reported herein are not true widths but reported along core.

-Drill hole intervals are weight-averaged based on the sample width.

-No internal cut-off grades were used in the reported intervals.

The drill hole map and a full set of drill results released October 22 and November 13, 2012 are available at:

http://www.lomiko.com/properties/quatre.html

Jean-Sebastien Lavallée (OGQ #773), geologist, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.

For more information, review the website at www.lomiko.com, contact A. Paul Gill at 604-729-5312 or email: [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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Standard Graphite Corp.: Exploration Drilling at Mousseau East Deposit Expands Main Graphite Zone Over 700m

Posted by AGORACOM-JC at 8:21 AM on Thursday, January 10th, 2013

VANCOUVER, BRITISH COLUMBIA–(Jan. 10, 2013) – Standard Graphite Corp. (TSX VENTURE:SGH)(OTCQX:DARDF) (the “Company”) is pleased to report the results from the expansion drilling performed during the summer 2012 diamond drilling program on its Mousseau East Deposit. The expansion drilling aimed primarily at tracing the historical mineralization towards the southwest along a well-defined conductor.

The expansion drilling marked the second phase of the program completed following the validation drilling for which results were announced earlier (see press release 21 November 2012) and are highlighted below:

Validation drilling results include:

  • M12-01: 52.9m of 7.5% Cg
    Including 22.9m of 12.9% Cg
  • M12-03: 18.9m of 9.7% Cg
  • M12-04: 29.9m of 8.3% Cg
  • M12-06: 24.6m of 10.6% Cg
  • M12-07: 15.5m of 11.2% Cg
  • M12-10: 15.3m of 11.6% Cg

M12-01 was implanted in a previously undrilled section directly south of the Main zone and confirmed that the mineralization extends beyond the historical resource. The expansion drill holes were emplaced towards the southwest from M12-01 along the trace of the EM conductor outlined by an airborne EM survey flown in the summer 2012. Drilling further confirmed the continuity of the graphitic horizon along the entire conductor. A series of widely spaced diamond drill holes successfully traced the extension of the graphite-bearing horizon to the western edge of the property for an approximate 500m of additional strike length. A compilation of composite assays from the core produced the following results.

Expansion Drilling Results

Drill Hole Depth Intersection* (m) Graphite Cg %
FROM (m) TO (m)
M12-13 18.00 34.10 16.1 2.01
67.00 78.70 11.7 2.40
M12-14 51.00 56.40 5.4 4.30
75.80 82.70 6.9 5.67
123.00 126.10 3.1 1.94
M12-16 30.30 38.30 8.0 5.77
M12-18 48.40 51.70 3.3 4.49
M12-22 36.40 41.50 5.1 1.65
46.90 50.20 3.3 1.55
M12-23 40.00 50.00 10.0 2.41
M12-25 40.00 44.40 4.4 1.48
M12-27 45.50 56.10 10.6 6.96
* Measured intercept along core axis not necessarily representative of true width.

The results obtained appear highly promising and will require additional drilling along the wider and richer intercepts to define some potential additional resources. The company is currently preparing this additional phase of diamond drilling.

During the expansion phase of the program, some 10 widely spaced holes were drilled to cover a well-defined EM target. The expansion drilling was planned in consultation with MRB & Associates who was responsible for the supervision of the drilling operations, the logging and sampling of the core. Sampling including the addition standardized reference material and blanks according to a strict QA/QC protocol was carried out in their Val-d’Or facility and half split core samples were shipped to Act Labs of Ancaster, Ontario for graphitic carbon assaying.

To view a map of the results please click here:

http://www.standardgraphite.com/i/pdf/w-mousseau.pdf

Chris Bogart, President and CEO, explains: “Expansion drilling confirmed that there is still room for additional resources on Mousseau East. These results are also evidence that every conductor on the property will need to be systematically explored to fully characterize the potential of the project.” The Mousseau East Property was acquired by Standard Graphite in April of 2012 (see press release April 24, 2012) and is located some 40 kilometres northeast of the town of Mont-Laurier in northwestern Québec and within 50 kilometres of Timcal Canada Inc.’s producing Lac-des-Îles Graphite Mine, which is currently the larger of the two producing mines in North America.

Antoine Fournier, P.Geo., manages Standard’s exploration and development programs and is the Qualified Person as defined by National Instrument 43-101. He supervised the preparation of the technical information in this release.

About Standard Graphite

Standard Graphite Corp is focused exclusively on the exploration and development of a large portfolio of flake graphite properties in Canada. The company is rapidly positioning itself as North America’s premier pure-play graphite exploration company and it controls 100% interest in 13 highly prospective graphite properties within known graphite districts in both Quebec and Ontario. An aggressive 2012 exploration strategy has commenced and will be implemented by a geologic team with the pedigree of a previous world-class graphite discovery.

ON BEHALF OF THE BOARD

Chris Bogart, President & CEO

Cautionary Statement:

The foregoing information may contain forward-looking statements relating to the future performance of Standard Graphite Corp. Forward-looking statements, specifically those concerned with future performance are subject to certain risks and uncertainties, and actual results may differ materially. These risks and uncertainties are detailed from time to time in Standard Graphite Corp.’s filings with the appropriate securities commissions.

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

Contact Information

 

Standard Graphite Corporation
Chris Bogart
President & CEO
(604) 683-2509
(604) 683-2506 (FAX)
[email protected]
www.standardgraphite.com

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SKYPE INTERVIEW: Lomiko Metals – Flake Graphite, Near Surface, Open Pit Mining Potential

Posted by AGORACOM-JC at 4:28 PM on Wednesday, January 9th, 2013

                      

                                                                                   LMR: TSX-V

Lomiko’s Quatre Milles East Graphite Property

The Quatre Milles East Property is road accessible and is located approximately 175 km northwest of Montreal and 17 km due north of the village of Sainte-Veronique, Quebec. The property consists of 28 contiguous claims totaling approximately 1,600 hectares.

Lomiko recently reported that 23 drill holes totaling 1600 metres were completed at the Quatre Milles East Flake Graphite Property in Quebec. Visible large flake graphite was identified in multiple drill holes from this campaign.

Highlights:

-QM 12-04 5.00 m to 75.00 m — 70.00 meters of 2.17 Cg%

including 12.50 meters of 4.58 Cg%

-QM 12-03 3.50 m to 54.62 m – 51.12 meters of 1.48 Cg%

-QM 12-06 40.00 m to 71.50 m 31.50 meters of 1.94 Cg%

Corporate website / Hub on AGORACOM

 

 

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Lomiko’s 11 High Grade, Near Surface Flake Graphite Drill Hole Results Indicate Open Pit Mining Potential at Quatre Milles

Posted by AGORACOM-JC at 8:11 AM on Wednesday, January 9th, 2013

VANCOUVER, BRITISH COLUMBIA–(Jan. 9, 2013) – LOMIKO METALS INC. (TSX VENTURE:LMR)(PINKSHEETS:LMRMF) (ISIN# CA54163Q1028) (WKN A0Q9W7) (the “Company”) summarizes 2012 as the year of “The Graphite Revolution” as investors became aware of this industrial metal. Investors scrambled to invest in companies as the companies themselves participate in a staking and acquisition boom in early 2012 in Southern Quebec and Ontario.

China, which produces about 90 per cent of the world’s graphite, is seeing production and export growth leveling, and export taxes and a licensing system have been instituted in order to regulate and control supply. Europe and the USA have both indicated graphite is of economic importance and has a supply risk (Critical Raw Materials for the EU, July 2010).

“There is currently extensive research being conducted for graphite and graphene related innovations and inventions. Over 400 patents have been filed for graphite and graphene related products in the past 5 years,” stated A. Paul Gill, CEO.

Given the high possibility of future limited supply of sought-after flake graphite and growing demand, Lomiko has acquired the Quatre Milles Project and completed 23 drill holes, all of which intersected mineralization. An NI 43-101 Resource has not been filed for the property nor has a Pre-Economic Assessment (PEA). The full extent of mineralization remains to be tested under Phase II of the exploration program along strike and at depth.

The Quatre Milles Property East is road accessible via Highway No.1 and a gravel road and is located approximately 175 km northwest of Montreal and 17 km due north of the village of Sainte-Veronique, Quebec. The property consists of 28 contiguous claims totaling approximately 1,600 hectares. Lomiko recently optioned the Quatre Milles West Property, a 2180 Ha Property with similar geology. Combined, the Quatre Milles Property Package is 3,780 Ha.

Highlighted Drill Holes

– QM 12-04 5.00 m to 75.00 m 70.00 meters of 2.17 Cg%

including 12.50 meters of 4.58 Cg%

– QM 12-03 3.50 m to 54.62 m 51.12 meters of 1.48 Cg%

– QM 12-06 40.00 m to 71.50 m 31.50 meters of 1.94 Cg%

– QM 12-10 4.50 m to 47.42 m 42.92 meters of 2.47 Cg%

including 5.46 meters of 8.02 Cg%

– QM 12-16 31.48 m to 51.00 19.52 meters of 6.23 Cg%

– QM 12-17 5.20 m to 37.73 m 32.53 meters of 2.89 Cg%

– QM 12-19 2.00 m to 43.30 m 41.30 meters of 2.73 Cg%

– QM 12-20 4.30 m to 44.75 m 40.45 meters of 2.83 Cg%

including 3.45 meters of 10.01 Cg%

– QM 12-21 1.35 m to 39.50 m 38.15 meters of 3.43 Cg%

including 4.77 meters of 10.80 Cg%

– QM 12-22 11.20m to 51.00 m 39.80 meters of 3.71 Cg%

including 9.90 meters of 8.81 Cg%

– QM 12-23 6.90 m to 50.10 m 43.20 meters of 3.71 Cg%

– Drill hole intervals reported herein are not true widths but reported along core.

– Drill hole intervals are weight-averaged based on the sample width.

– No internal cut-off grades were used in the reported intervals.

The drill hole map and a full set of drill results released October 22 and November 13, 2012 are available at:

http://www.lomiko.com/properties/quatre.html

2013 Goals

– Raise the profile of the Company with Institutions

– Improve US Exposure through new listing

– Complete Metallurgical studies on the graphite at Quatre Milles East.

– Perform preliminary exploration at Quatre Milles West.

– Complete a 43-101 compliant flake graphite resource study.

Jean-Sebastien Lavallée (OGQ #773), geologist, a Qualified Person as defined by National Instrument 43-101, has reviewed and approved the technical content of this release.

For more information, review the website at www.lomiko.com.

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
Chief Executive Officer
604-729-5312
[email protected]
www.lomiko.com

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Focus Graphite Appoints Mr. Benoit Lafrance Vice-President, Exploration

Posted by AGORACOM-JC at 1:56 PM on Monday, January 7th, 2013

OTTAWA, ONTARIO–(Jan. 7, 2013) – Mr. Gary Economo, President and CEO, Focus Graphite Inc., (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) is pleased to announce the appointment of Mr. Benoit Lafrance, P.Geo, Ph.D., as Vice-President, Exploration. Mr. Lafrance’s appointment is effective immediately.

“Mr. Lafrance’s addition to Focus Graphite’s management, particularly his experience in mineral exploration as well as his strong academic background in metallogenic studies brings additional strength to our core management team to develop new projects and evaluate future domestic and international opportunities with a view to increasing shareholder value,” Mr. Economo said.

Mr. Lafrance replaces Mr. Tony Brisson who resigned to pursue other interests.

Mr. Lafrance assumes his responsibilities with Focus Graphite after serving three years as scientific researcher for CONSOREM, an applied research group for mineral exploration. His previous experience includes four years with Cogitore Resources Inc. as senior geologist and five years with the Quebec Government geological survey.

Mr. Lafrance, a Chicoutimi, Québec-based geologist holds a Ph.D. degree in Mineral Resources Studies from the Université du Quebec à Chicoutimi.

About Focus Graphite

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

Forward Looking Statements – Disclaimer

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

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

Contact Information

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Rock Tech Intersects 4.24% Graphite over 13.12 metres at Lochaber

Posted by AGORACOM-JC at 9:49 AM on Monday, January 7th, 2013

Jan 07, 2013 — Vancouver, British Columbia, Canada, January 7, 2013 – Rock Tech Lithium Inc. CA:RCK +10.00% (frankfurt:RJIA) (the “Company” or “Rock Tech”) announces additional assay results from its Lochaber graphite property in Quebec. The assay results correspond to the four remaining drill holes that were part of the drill program announced by the Company on October 1, 2012.

Two of the drill holes successfully tested the extension of graphite mineralization to the north along electromagnetic conductor ‘C’. This conductor, now with a strike length exceeding one-half of a kilometer, remains open to the north and south and at depth. Of the additional two drill holes, one tested electromagnetic conductor ‘E’ while the other, drilled on electromagnetic conductor ‘A’, was primarily for metallurgical testing and was adjacent to drill hole PB-12-02. The electromagnetic conductors were identified on the Plumbago area of the property during geophysical surveys in September, 2012 (click here to view a map).

Highlights of these assay results include:

-Drill hole PB-12-10 intersected 47.82 metres of graphitic carbon (“Cg”) at various depths with grades ranging from 1.07% Cg to 4.24% Cg, including 13.12 metres at 4.24% Cg, 11 metres at 2.62% Cg, and 14 metres at 3.61% Cg;

-Drill Hole PB-12-11 intersected 29.96 metres of Cg at various depths with grades ranging from 1.18% Cg to 9.03% Cg, including 3.77 metres at 9.03% Cg, 4 metres at 3.94% Cg, 5.49 metres at 2.13% Cg and 5.76 metres at 2.52% Cg;

-Drill Hole PB-12-12 intersected 8.43 metres of Cg at various depths with grades ranging from 1.03% Cg to 2.42% Cg; and

-Drill Hole PB-12-13 intersected 82.24 metres of Cg at various depths with grades ranging from 1.08% Cg to 8.25% Cg, including 10.13 metres at 3.66% Cg, 2.96 metres at 3.91% Cg, 7.31 metres at 4.16% Cg, 1.62 metres at 8.25% Cg, 2.93 metres at 7.61% Cg, 5.62 metres at 3.4% Cg and 10.93 metres at 5.92% Cg.

To date, the Company’s geophysical surveys and drill programs have focused exclusively on the Plumbago area of the property which includes only four of the thirty-two claims subject to the property option agreement. Surface samples taken from the Kelly, McLaren and Burke areas of the property returned graphite results up to 22% (see September 13, 2012 news release).

“The assay results from the first round of drilling have exceeded our expectations and illustrate the resource potential of the property. On their own, the results from the Plumbago area are highly encouraging. Electromagnetic conductor ‘A’ has been traced for 300 metres along strike while electromagnetic conductor ‘C’ has been traced for over one-half of a kilometre along strike. Both conductors remain open along strike and at depth. Our optimism is bolstered by the fact that the Plumbago area represents less than 13% of the claims under option while surface samples from other areas of the property show the potential for further high-grade graphite mineralization. Drilling continues on the Plumbago area and will further test the extensions of the previously identified electromagnetic conductors,” said Afzaal Pirzada, Rock Tech’s Vice President of Exploration and interim CEO.

Quality Assurance/Quality Control

All core samples are logged and split by wet diamond saw with half sent to the lab for analysis and half stored securely on site. The core sample lengths typically average 1 metre but vary depending on geological boundaries. Additional QA/QC procedures include inserting blanks into the core sample stream at industry standard intervals with duplicate core samples taken at intervals of twenty. Core samples are prepped and analyzed by Acme Metallurgical Limited (“AcmeMet”) in Vancouver, British Columbia. During analysis, the core samples are dried, pulverized, leached and roasted at 450? Celsius and 1200? Celsius with measured weights taken between double ignitions. AcmeMet also conducts duplicate and internal standard samples at intervals of ten as part of their QA/QC program.

For additional details, please see the table below:

         ----------------------------------------------
         |Hole ID |Depth From|Depth To|Width |Graphite|
         |        |-----------------------------------|
         |        |Metres    |Metres  |Metres|%       |
         |--------------------------------------------|
         |PB-12-10|15.00     |20.80   |5.80  |2.93    |
         |        |-----------------------------------|
         |        |24.00     |37.12   |13.12 |4.24    |
         |        |-----------------------------------|
         |        |42.60     |53.60   |11.00 |2.62    |
         |        |-----------------------------------|
         |        |57.00     |71.00   |14.00 |3.61    |
         |        |-----------------------------------|
         |        |82.00     |83.90   |1.90  |1.24    |
         |        |-----------------------------------|
         |        |100.00    |101.00  |1.00  |1.10    |
         |        |-----------------------------------|
         |        |102.00    |103.00  |1.00  |1.07    |
         |--------------------------------------------|
         |PB-12-11|28.08     |33.77   |5.69  |1.92    |
         |        |-----------------------------------|
         |        |46.13     |47.13   |1.00  |1.18    |
         |        |-----------------------------------|
         |        |47.13     |50.90   |3.77  |9.03    |
         |        |-----------------------------------|
         |        |52.90     |56.90   |4.00  |3.94    |
         |        |-----------------------------------|
         |        |58.90     |64.39   |5.49  |2.13    |
         |        |-----------------------------------|
         |        |70.00     |75.76   |5.76  |2.52    |
         |        |-----------------------------------|
         |        |78.45     |82.70   |4.25  |1.52    |
         |--------------------------------------------|
         |PB-12-12|16.50     |17.50   |1.00  |1.19    |
         |        |-----------------------------------|
         |        |19.50     |20.50   |1.00  |1.31    |
         |        |-----------------------------------|
         |        |36.87     |37.87   |1.00  |1.06    |
         |        |-----------------------------------|
         |        |89.00     |90.00   |1.00  |1.09    |
         |        |-----------------------------------|
         |        |107.78    |108.70  |0.92  |1.24    |
         |        |-----------------------------------|
         |        |120.50    |121.20  |0.70  |1.03    |
         |        |-----------------------------------|
         |        |122.30    |124.15  |1.85  |2.42    |
         |        |-----------------------------------|
         |        |125.04    |126.00  |0.96  |1.42    |
         |--------------------------------------------|
         |PB-12-13|5.30      |6.28    |0.98  |1.92    |
         |        |-----------------------------------|
         |        |15.60     |17.44   |1.84  |1.40    |
         |        |-----------------------------------|
         |        |21.67     |22.67   |1.00  |1.08    |
         |        |-----------------------------------|
         |        |27.79     |33.84   |6.05  |1.77    |
         |        |-----------------------------------|
         |        |42.31     |43.35   |1.04  |1.16    |
         |        |-----------------------------------|
         |        |43.35     |53.48   |10.13 |3.66    |
         |        |-----------------------------------|
         |        |54.08     |54.57   |0.49  |1.29    |
         |        |-----------------------------------|
         |        |55.15     |58.11   |2.96  |3.91    |
         |        |-----------------------------------|
         |        |61.40     |68.71   |7.31  |4.16    |
         |        |-----------------------------------|
         |        |79.98     |83.15   |3.17  |1.44    |
         |        |-----------------------------------|
         |        |84.20     |87.18   |2.98  |1.15    |
         |        |-----------------------------------|
         |        |88.24     |88.98   |0.74  |1.24    |
         |        |-----------------------------------|
         |        |90.60     |92.46   |1.86  |2.19    |
         |        |-----------------------------------|
         |        |97.40     |99.45   |2.05  |1.46    |
         |        |-----------------------------------|
         |        |103.54    |105.16  |1.62  |8.25    |
         |        |-----------------------------------|
         |        |106.12    |109.05  |2.93  |7.61    |
         |        |-----------------------------------|
         |        |109.05    |113.04  |3.99  |2.24    |
         |        |-----------------------------------|
         |        |114.63    |119.73  |5.10  |2.96    |
         |        |-----------------------------------|
         |        |120.38    |126.00  |5.62  |3.40    |
         |        |-----------------------------------|
         |        |127.00    |129.63  |2.63  |2.78    |
         |        |-----------------------------------|
         |        |131.02    |133.00  |1.98  |3.16    |
         |        |-----------------------------------|
         |        |134.02    |135.00  |0.98  |2.21    |
         |        |-----------------------------------|
         |        |171.19    |174.15  |2.96  |1.31    |
         |        |-----------------------------------|
         |        |176.94    |177.84  |0.90  |2.84    |
         |        |-----------------------------------|
         |        |198.72    |209.65  |10.93 |5.92    |
         ----------------------------------------------

Note: The true thickness of the drill intersection may be less than the reported intervals

Drill hole PB-12-10 is located at 474873E, 5055668N (NAD 1983, Zone 18N) with azimuth 101.9? and dip -50?, drill hole PB-12-11 is located at location 474873E, 5055760N (NAD 1983, Zone 18N) with azimuth 101? and dip -50.3?, drill hole PB-12-12 is located at location 474782E, 5056711N (NAD 1983, Zone 18N) with azimuth 104? and dip -50?, drill hole PB-12-13 is located at location 475408E, 5056048N (NAD 1983, Zone 18N) with azimuth 104.8? and dip -45?.

The technical information contained in this news release has been reviewed by Afzaal Pirzada, P.Geo., Vice President, Exploration and interim CEO of the Company and a Qualified Person as defined in NI 43-101.

On behalf of the Board of Directors,

“Afzaal Pirzada”

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