Noram Ventures Inc. (TSXV:NRM) announced final assay results from the drilling program completed on the Kokanee Flake-Graphite Property in Nelson, BC. Drill results confirmed graphite mineralization over 1,200 meters of strike length.
As quoted in the press release:
The program consisted of 1,376 meters (m) NQ core drilling completed over six holes to test a graphite bearing horizon where outcrop samples ranged from 0.70 to 7% graphite. This favorable horizon is indicated by a 2km electromagnetic anomaly over widths of 100 to 200m. The drilling was successful in meeting its objective of establishing the potential of a flake-graphite deposit being present on the Property with assay results confirming that all six holes intersected appreciable graphite mineralization ranging from true widths of 60 to 137m over a 1,200m strike length. Drilling has now confirmed graphite mineralization from surface to depths of 150 to 200m and the zone is open in both directions along the 2km strike length.
Noram Ventures Inc. President, Dave Rees said:
We are truly pleased with the results from our initial drill program at the Kokanee Property, and with the uniformity of the graphite mineralization in particular as it is enabling us to produce an initial resource estimate for the deposit.
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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