CKR Announces Assay Results from Aukam Graphite Project in Namibia

CKR Carbon Corporation. is pleased to announce the results of recent assays for samples of graphite veins from the lower adit and further assays of screened dump material at the Aukam graphite project in southern Namibia.

Chip channel samples were taken from three graphite veins exposed in the lower adit and assayed from 18.34% Cg to 56.06% Cg (see table below).

The first sample was taken close to the entrance to the adit and assayed 18% Cg (carbon as graphite) over 0.9 metres (true width of 0.85 metres). A second sample was taken at the intersection of the adit with a crosscut and assayed 41.98% Cg over 0.84 metres (true width of 0.83 metres). The third sample was taken from the wall of a 2.2 metre wide stope near the end of the adit and assayed 52.08% Cg. With the exception of the low grade sample RM-001, results of these assays are consistent with historical assays of graphite veins that range from 41.21 to 68.85% Cg.

Three two to four kilogram grab samples of screened and sorted material from the dumps produced by the ongoing bulk sampling program assayed 41.55% Cg to 53.48% Cg. Previous assays of the material ranged from 55.64% Cg to 63.87% Cg (see news release dated June 3, 2016). The average grade of the 10 samples taken to date is 56.29% Cg.

"We are very pleased with the consistency of assays from the screened and sorted material produced during the bulk sampling program." said Roger Moss, President and CEO of CKR Carbon. This indicates that the screening and sorting is achieving the desired outcome of generating an upgraded graphitic product. In addition, the initial sampling of the veins in the underground adit demonstrates the high grade nature of the veins. CKR plans to follow up on these successful results with additional underground exploration."