The report focuses on matching the resource to up-market functionalized end-use compounds, and indicates the following findings:
A summary of the results of the Report indicate (see ‘About TRU Group Inc, below):
• A preliminary assessment suggests that the graphite is amenable for the development of a suitable spherical graphite product that is competitive on quality. There is significant opportunity for the Graphite Creek Project to push downstream by performing additional processing to their expected run of mine ("ROM") concentrate. The products recommended for development and manufacture include: uncoated spherical graphite for use in the Li+ battery market; expanded graphite, exfoliated and micronized, for use in the manufacture of alkaline batteries; jumbo flake graphite that can be sold to the refractory industry; and, micronized graphite, for use in the manufacture of alkaline batteries.
• The strategic significance of the Graphite Creek Project as a secure American-based resource as a substitute for Chinese supply, as well as a competitor against imports from other countries, should not be underestimated.
Anthony Huston, CEO of Graphite One adds, "We are pleased to have this report completed by the TRU Group who are known for their industry-leading expertise and roster of experts. We look forward to progressing the Graphite Creek Deposit to its full potential."
