Terra Firma Resources Inc. (TSXV:TFR) signed an agreement which allows it 100%-interest in the Lac des Iles East Graphite Property, Quebec.
As quoted in the press release:
The Lac des Iles East Graphite Property (the “Property”) consists of 71 claim blocks totalling 3980 Ha and borders the eastern boundary of the Timcal Lac des Iles property; only 1 kilometer east of TIMCAL’s producing Lac des Iles Mine. TIMCAL’s Lac des Iles Mine average grade is 7.5% Cg (Carbon Graphite) and is one of the only two Graphite producers in the country and has been in production for over 20 years.
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