Initial field work and prospecting has resulted in multiple new graphite vein and large flake discoveries at the project.

The company has submitted scattered graphite flakes in some exposures, which exceeded two centimeters in diameter, for assay with results expected soon.

Multiple new conductors were identified by Caribou along the southeastern border of the graphite property in close proximity to the historic Walker Graphite mine.

Caribou King Resources director and CEO Michael England said the company is planning follow up work for Buckingham, with phase two work programs at Calumet, TAC and Mulloy to begin shortly.

"With recent graphite discoveries at our TAC, Calumet, and Mulloy properties, the success at Buckingham is the fourth in a series of successful exploration programs," England added.

Follow-up electromagnetic surveys and drilling are due to commence to test the similar geology distributed throughout the highly anomalous areas.

The Buckingham graphite property is located around 750m west of the historic Walker Graphite Mine in Quebec that produced graphite from 1876 to 1920.