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First Spherical Graphite Tests Deliver Battery Grade Specifications
Next Graphite (OTCMKTS:PNE) has completed their technical report for the Aukam graphite project and has received permission to use explosives for underground exploration at the project. According to the press release: Explosives will be used at the Aukam site to complete the process of making the adits safe by blasting large blocks of rock that …
Next Graphite (OTCMKTS:PNE) has completed their technical report for the Aukam graphite project and has received permission to use explosives for underground exploration at the project.
According to the press release:
Explosives will be used at the Aukam site to complete the process of making the adits safe by blasting large blocks of rock that were unable to be barred down in the initial phase (see News Release dated August 16, 2016). Blasting is expected to start in early October, initially with the remaining bad hangings in the adits, followed by clearing the winze area at the back of the lower adit (to open access to a lower level), and finally in the open pit to ensure all loose material is removed from the stopes.
Once the adits have been made safe, the Company’s JV will proceed with an underground exploration program of drilling and development to delineate resources down dip of the lower adit. These resources will be included, together with the results of an Environmental Impact Assessment (EIA), in the application for the mining license.
“Recent progress at the Aukam site has been significant,” said Cliff Bream, CEO of Next Graphite. “As previously reported, we have built an initial stockpile from our above-ground graphitic material. As a result of continuing work in our existing adits we hope to add significant material to the stockpile from our underground exploration. We look forward to restarting production of processed graphite at this past producing mine, and receiving a full mining permit is the next step towards that. Our joint venture will be focussing its effort on completing the necessary studies on time and on budget in order to expedite the process.”
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