Feb 22 2013
Canada Carbon Inc., is pleased to announce its first grab sampling results from their past producing Miller lump/vein graphite mine approximately 60 km west of Montreal.
The new grab samples were taken from graphite-rich veins (15 cm thick) clearly visible in the open pit (see pictures below) and yielded remarkably significant grades upon assaying by Actlabs in Ancaster, Ontario. The sampling program represents the initial steps in Canada Carbon's plans to re-open the former Miller mine as quickly as possible.
Mr. Paul Ogilvie, the CEO of Canada Carbon commented: "Success in the graphite sector is a function of many elements but at the top of that list is access to high grade natural graphite It offers the opportunity for low production and product costs which in turn will attract customers and represent a key competitive advantage in the graphite markets. Our team has extensive experience in the graphite space and most have never seen anything like these new samples from Miller. It is not uncommon to encounter properties where graphite flakes can be disseminated in grades from as low as 1.2% to 22%. To be seeing grades from Miller in our first grab samples as high as 49.4%C is encouraging and supports our belief that our lump/vein project warrants further research and material sampling".
Stephen Riddle, CEO of Asbury Graphite Mills Inc., a widely regarded expert in the graphite and carbon industry commented: "Canada Carbon's Miller Mine has a unique natural graphite vein. I am told the Carbon grade runs between 49 to 85% graphitic carbon which should then make this graphite deposit less expensive to increase the purity to current Natural Graphite market purity requirements. Knowing that the Miller Graphite Mine operated in the past should also be a benefit. The graphite industry looks forward to seeing a new long term source of Natural Graphite available from this Mine."
This view was supported by Dr. Remi Charbonneau, Ph.D., P.Geo an associate of Inlandis Consultants and Canada Carbon's qualified person (QP) on the Miller project: "As a geologist it is always interesting to observe exceptional geological formations holding a commercial development potential. In the case of Miller, we have established the distribution of these Lump veins which may offer Canada Carbon the opportunity to supply the market with a high-quality low cost natural graphite product".
Source: http://www.canadacarbon.com/