Canada Carbon Announces Initial Graphite Purification Process Testing
14 Avril 2014 - 2:57PM
Marketwired Canada
Canada Carbon Inc. (the "Company") (TSX VENTURE:CCB) is pleased to announce that
it has begun the initial purification process testing of the Miller Mine
graphite material. The Company has sent approximately 50 kg of graphite material
to SGS Minerals Services (Lakefield site) for optimization of their upgrading
and purification processes. This work will lead to the design criteria for the
flotation pilot plant that is expected to run during the 2nd quarter of 2014.
Optimized market samples will also be produced to further develop business
relations with potential buyers.
The Company's objective is to test out various treatment and purification
methods that will enable a small scale mining operation that can produce high
quality concentrate for high end applications.
Stephen Mackie, Ph. D., Manager, Hydrometallurgical Group, SGS (Lakefield)
states, "Preliminary results indicated that the Canada Carbon graphite
concentrate responded well to our standard upgrading process, where a high
purity graphite sample (greater than 99%) is produced by the first purification
step and further upgrading is realized after the final stage."
Executive Chairman and CEO Mr. R. Bruce Duncan stated, "We are very pleased that
the Quebec Ministry has granted authorization for us to move forward with pilot
plant scale testing of this uniquely high-purity graphite deposit. We are
excited to be able to generate additional data in support of graphite mining at
the Miller Mine, and look forward to reporting the results to our shareholders
and to the applicable government agencies."
Remi Charbonneau, Ph.D., P. Geo #290 (an Associate of Inlandsis Consultants
s.e.n.c.) is an Independent Qualified Person under National Instrument 43-101.
On Behalf of the Board of Directors
CANADA CARBON INC.
R. Bruce Duncan, CEO and Director
"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in the policies of the TSX Venture Exchange) accepts responsibility
for the adequacy or accuracy of this release."
FORWARD LOOKING STATEMENTS: This news release contains forward-looking
statements, which relate to future events or future performance and reflect
management's current expectations and assumptions. Such forward-looking
statements reflect management's current beliefs and are based on assumptions
made by and information currently available to the Company. Investors are
cautioned that these forward looking statements are neither promises nor
guarantees, and are subject to risks and uncertainties that may cause future
results to differ materially from those expected. These forward-looking
statements are made as of the date hereof and, except as required under
applicable securities legislation, the Company does not assume any obligation to
update or revise them to reflect new events or circumstances. All of the
forward-looking statements made in this press release are qualified by these
cautionary statements and by those made in our filings with SEDAR in Canada
(available at www.sedar.com).
FOR FURTHER INFORMATION PLEASE CONTACT:
Canada Carbon Inc.
(604) 638-0971
(604) 638-0973 (FAX)
info@canadacarbon.com
www.canadacarbon.com
Canada Carbon (TSXV:CCB)
Graphique Historique de l'Action
De Nov 2024 à Déc 2024
Canada Carbon (TSXV:CCB)
Graphique Historique de l'Action
De Déc 2023 à Déc 2024