Atocha Resources (TSXV:ATT) announced that it has already received the prospecting and mapping report for its Montpellier (23 claims) and St. Sixte (29 claims) graphite properties, in Grenville, Quebec.
As quoted in the press release:
In light of the current economic conditions, the Company has initiated an assessment of its land holdings and their economic viability and potential for future discoveries. Each project has been evaluated on an individual basis. Based on this analysis, the Company will not be continuing exploration on the Montpellier or St. Sixte graphite properties.
Investing in graphite? Eagle Graphite Incorporated (TSXV:EGA) owns one of only two natural flake graphite production facilities in North America. Eagle Graphite recently achieved 99.995% purity from flake graphite produced from the processing plant of the Black Crystal project in BC.
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