Piloting and Bulk Samples On Its Way
MONTREAL, Sept. 24, 2018 /CNW Telbec/ - SRG
Graphite Inc. (TSXV: SRG) ("SRG" or the "Company") announces
today that SGS Canada (Lakefield)
("SGS") was selected for metallurgical testwork, flowsheet
validation, piloting testwork, and bulk concentrate production for
the Lola Graphite Project in Guinea, West
Africa. Metallurgical testwork began a month ago, and bulk
concentrate production is set to begin in the coming weeks.
The testwork is conducted on a 1.5-tonne representative sample
of mineralized material from the deposit, under the supervision of
Oliver Peters of Metpro and
Volodymyr Liskovych of DRA. This testwork will be completed by the
end of Q4 2018, and its results will be key inputs in the process
design for the Lola graphite plant.
An additional 200 dry tonnes of mineralized material from the
deposit is currently on its way to SGS for concentrate production.
Once produced, several tonnes of graphite concentrate will be
available to the Company, ready for shipment to prospective clients
as part of its sales strategy. Intermediate concentrate will also
be produced and sent to suppliers as part of the vendor tests to
further increase confidence in the equipment selected in the
feasibility study. The 200 dry tonnes of mineralized material
departed Guinea, via ship, in
early September and is estimated to arrive in Lakefield by late October.
"We are extremely pleased to see that everything is going
according to plan," said Raphaël Beaudoin, P.Eng., VP Operations,
Metallurgy and Process Design. "The testwork is essential to the
completion and validation of the process design. Furthermore,
successful concentrate production will increase confidence in our
flowsheet design. Both activities go towards completing our
feasibility study on time."
ABOUT SGS CANADA
(LAKEFIELD)
SGS Canada began in 1948 as a
specialist provider of services for the agricultural industry.
Today, their operations across Canada have rapidly evolved into a highly
technical service provision and are known across the world for
excellence in exploration and mining.
ABOUT SRG
SRG is a Canadian-based company focused on developing mineral
deposits located in the Republic of Guinea, West
Africa. SRG is committed to operating in a socially,
environmentally, and ethically responsible manner.
For additional information, please visit SRG's website at
www.srggraphite.com.
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this
release.
Forward-Looking Statements
This press release contains "forward-looking information" within
the meaning of Canadian securities legislation. All material
contained herein that is not clearly historical in nature may
constitute forward-looking information, including references to the
plans and project of the Company, such as proceeding with
production at the Company's Lola Project or proceeding with
exploration activities on its permits, including Lola and Gogota.
Generally, such forward-looking information can be identified by
the use of forward-looking terminology and phrases or can state
that certain actions, events, or results "expect," "may," "could,"
"would," or "might." Forward-looking information is subject to
known and unknown risks, uncertainties, and other factors that may
cause the actual results, level of activity, performance, or
achievements of the Company to be materially different from those
expressed or implied by such forward-looking information.
Forward-looking information is based on assumptions management
believes to be reasonable at the time such statements are made.
Although the Company has attempted to identify important factors
that could cause actual results to differ materially from those
contained in the forward-looking information, there may be other
factors that cause results not to be as anticipated, estimated, or
intended. There can be no assurance that such forward-looking
information will prove to be accurate, as actual results and future
events could differ materially from those anticipated in such
forward-looking information. Accordingly, readers should not place
undue reliance on forward-looking information. Forward-looking
information is given as of the date of this press release, and the
Company does not undertake to update such forward-looking
information except in accordance with applicable securities laws.
Additional information on these and other factors that could affect
SRG's operations and financial results are included in reports on
file with Canadian securities regulatory authorities and may be
accessed through the SEDAR website (www.sedar.com).
SOURCE SRG Graphite
