Caribou King Resources Ltd. (TSXV:CKR,FWB:CB8) has completed its trenching and sampling program for the southeastern zone of its Buckingham graphite project. The program obtained graphite bearing grab samples from three trenches, with assay values between 13.6-18.1 percent graphitic carbon.
As quoted in the press release:
Grab samples exhibit both irregular masses and vein type graphite hosted in feldspar dominated pegmatitic rocks. Results of the limited trenching to date on the Southeastern Zone area confirm the presence of graphite-bearing strata associated with shallow electromagnetic anomalies. Caribou King will continue to investigate these encouraging results during the next phase of exploration on its Buckingham Graphite Project property.
Investing in graphite? Graphite One Resources Inc. (TSXV:GPH,OTCQX:GPHOF) is advancing the Graphite Creek Deposit in Alaska - North America’s largest known large flake graphite deposit.
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