EXCEPTIONAL 64.3% FLAKE GRAPHITE RESULT HIGHLIGHTS LAC RAINY’S TIER-1 RESOURCE POTENTIAL AS DEVELOPMENT STUDIES ADVANCE
- Major drilling programs set to commence to test new high-grade zones and target a substantial Mineral Resource upgrade
➢ Exceptionally high-grade flake-graphite result of 64.3% graphitic carbon (Cg) received from the extensive sampling program at Lac Rainy - which also produced 10 results of over 20% Cg and averaged 11% Cg across a 36km strike-length of graphitic trends identified within the project0 (Figures 1 and 2).
➢ The existing Lac Rainy Mineral Resource of 13.3Mt @ 11.5% Cg1 has been defined from drilling over just 1km of the expanded 36km strike-length of graphitic trends. An extensive new drilling program scheduled to commence next month will target priority new high-grade zones identified from the sampling program to significantly upgrade and expand the Mineral Resources.
