The exploration program targets historic graphite zones, high-grade drilling intercepts and historic electromagnetic (EM) conductors and includes follow-up sampling around graphite-bearing drillholes such as 90-44 (returning a weighted average of 9.86% Cg over 46.75m).

The exploration program will target yet-untested conductors identified from a 1990 historic electromagnetic (EM) survey.

The company, through historic data analysis, has identified several graphitic zones on the property and zones are now being sampled.

Caribou King Resources CEO and director Michael England said: "Exploration is now underway on both of our flagship graphite properties: TAC and Buckingham.

"Both properties are within well-known graphite districts in southern Quebec and host favorable geology and existing infrastructure, and are surrounded by current active exploration.

"The newly discovered graphite occurrences at TAC, combined with recently compiled geophysics and historic drilling results, make this coming exploration season the most promising to date."

Buckingham’s initial sampling at has returned some of the highest assay results.

The company is due to carry out purity testing on graphitic samples from the TAC Property.