Cavan Ventures Inc (TSXV:CVN) announced that subject to regulatory approvals, it has acquired 100 percent interest in two graphite projects in Quebec.
As quoted in the press release:
The projects consist of two areas of reported historic graphite drilling results obtained by the Ministere Des Richesses Naturelles -Quebec- Department of Natural Resources, one of the areas is adjacent to TIMCAL’s producing flake graphite mine and purification facility at Lac Des Iles, Quebec, the other project is located approximately 35km to the East of this facility.
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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