Soldi Ventures has declared that it has obtained the assay results of samples taken from the Cameron Township flake graphite property, located adjacent to Ste-Therese-de-la-Gatineau in Quebec. Two successive chip samples assayed graphitic carbon of 26.85% and 25.02%, respectively. These samples were taken over thicknesses of every 1m.
The graphite zone is open in a small pit, which was explored for obtaining a bulk sample in 1965. This is present in a crystalline limestone belt, which is at least 250 m thick. This marble type is common all over the Grenville Geological Province. The coarse and lustrous flakes of graphite exist for up to 2 cm across, in a zone whose width is between 5 and 6 m that dips towards the northeastern part at about 30°.
The company conducted an initial geological mapping and VLF-electromagnetic survey at the Cameron property during the spring season of 2012.
The graphite zone matches with a weak VLF conductor, which expands 200 m towards the southeastern part, and is specifically exposed in that direction. Historic near-surface drill holes have intercepted graphite in "all but one" of 23 holes drilled towards the western part of the test pit. The VLF conductor does not expand for over approximately 25 m in that direction.
Soldi has planned to carry out a phase I diamond drill campaign of about 1,000 m in order to examine the graphite zone over 400 m of length and to a depth of 100 m vertically.
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