Samples were obtained from 15cm thick graphite-rich veins visible in the open pit and were found to contain significant grades of graphite as high as 49.4% Cg and support its plans to re-open the former Miller mine.
Canada Carbon CEO Paul Ogilvie stated that 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," Ogilvie added.
Inlandis Consultants associate and Miller project qualified person Dr Remi Charbonneau said, "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."
Previously, about 816t of graphite was extracted from the Walker mine, located northwest of Buckingham, in Buckingham Township, between 1876 and 1920.
