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Big North Graphite Corp. (TSXV:NRT) recently sold 200 tons of amorphous graphite to a customer within Mexico. The amorphous graphite was mined from the Company’s Nuevo San Pedro mine and additional feed mines located in Sonora Mexico; mine run and semi-processed, consisting of a 3/4 inch minus size, yielding an average grade of 68% Cg. The mined graphite was processed at Big North’s processing facility located near the town of La Colorada, Mexico.
As quoted in the press release:
The Company commenced test mining at the Nuevo San Pedro project in May of this year and in July announced that it had mined, shipped and stockpiled 160 tons of graphite, leading to the sale of product this month.
Big North President Spiro Kletas said:
Our goal has always been to become one of the first junior graphite companies to capture some of the market by making graphite sales and earning revenue for our shareholders. Today is a monumental day for Big North and our shareholders. We were able to sell the graphite in our inventory as soon as it was available for purchase. Further, we were able to sell this graphite as mine run. This initial sale demonstrates the significant demand for amorphous graphite and the fact that we are one of a few companies focusing not only on mining, but selling amorphous graphite, gives Big North a distinct advantage. As amorphous graphite is the largest segment of the natural graphite market by tonnage, our goal now is to grow our amorphous graphite mining and sales business for our shareholders.
Click here to read the Big North Graphite Corp. (TSXV:NRT) press release
Click here to see the Big North Graphite Corp. (TSXV:NRT) profile.