Mining News has reported that Graphite One Resources Inc. (TSXV:GPH) has found a vast graphite deposit in Northwest Alaska and the drilling has confirmed thick zones of graphitic carbon that rival the top tier of graphite carbon projects around the world.
As quoted in the market news:
Graphite Creek, as this emerging world-class project is aptly named, has long been suspected to host somewhere between six and 20 million tons of crystalline-flake graphite. This assumption was based on a 100-meter thick graphite-rich layer that can be traced for some five kilometers (three miles) along the northern slops of the Kigluaik Mountains.
Graphite One Resources Inc. CEO, Charles Chebry said:
It’s about five kive kilometers in length, the average width we see is about 100 meters and the dip length that we can see at surface we expect to be between 100 and 200 meters.