- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Alabama Graphite Identifies New Targets Near Bama Mine Project
Alabama Graphite Corp. (TSXV:ALP,OTCQX:ABGPF) announced the receipt of final assay results from a trenching program completed at its Bama mine project earlier this year.
Alabama Graphite Corp. (TSXV:ALP,OTCQX:ABGPF) announced the receipt of final assay results from a trenching program completed at its Bama mine project earlier this year.
As quoted in the press release:
The results identified new targets in close proximity to the historic Bama Mine with a number of sections averaging over 3% C(g).
The purpose of the trenching was both to further evaluate areas adjacent to the historic mine as well as to test new areas where airborne geophysical anomalies and/or surface channel sampling has identified prospective targets. Bulk samples were also collected for future metallurgical testing.
Trenching has proven to be the most cost-effective means of exploration given the soft and near-surface nature of the graphite mineralization in Alabama. Trenching was performed by a contractor using an excavator with all sampling and logging being conducted by Alabama Graphite personnel. Assay work was conducted by ActLabs of Ancaster, Ontario. Samples were collected on five-foot intervals with the majority of the trenches cut perpendicular to the strike of foliation. In keeping with the Company’s environmental commitment, trenches are backfilled and reclaimed after sampling.
Ron Roda, president and CEO of Alabama Graphite, commented:
We emphasize that all of the results presented are from soft, oxidized material which differentiates the Alabama graphite deposits relative to other flake graphite occurrences in North America. The Bama Mine is of significant interest as both historical records and our own metallurgical testing indicates a very high proportion of coarse flake graphite. Our test results suggest that there is the potential to develop another resource in close proximity to the former mine.
Click here to read the full Alabama Graphite Corp. (TSXV:ALP,OTCQX:ABGPF) press release.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â