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Alabama Graphite Corp. (TSXV:ALP) announced a corporate update that includes the latest information regarding its trenching program in Coosa County.
Alabama Graphite Corp. (TSXV:ALP) announced a corporate update that includes the latest information regarding its trenching program in Coosa County.
As quoted in the press release:
The Company has just received the final assay results from ActLabs of Ancaster, Ontario, and is currently sorting through and will release the results as soon as possible this week. The next step will be to submit samples for metallurgical testing of targets that show promising assay results. Trenching work around the prior-producing Bama Mine should commence this week and will immediately be followed by assay & metallurgical work. Results from the Bama trenching program will be released as soon as they become available.
Ron Roda, president and CEO of Alabama Graphite, stated:
Given that the initial results from Bama property were some of the best results we have ever seen in Alabama, the Company would like to investigate the area further before finalizing the decision on the PEA. We are greatly looking forward to attending this year’s PDAC convention, since last year’s meeting we have made significant progress with our exploration program at both the Coosa and Bama projects. We expect to have complete results from our recent Coosa trenching program as well as additional metallurgical testing and the PEA process in progress in time for PDAC. PDAC has always been a great venue for interacting with the investment community and we feel that Alabama Graphite has a compelling story to tell.
Click here for the full Alabama Graphite Corp. (TSXV:ALP) press release