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Canada Carbon Summarizes PEA Work for Miller Graphite Project
Canada Carbon Inc. (TSXV:CCB) announced a report of its exploration activities and market development work in support of the preliminary economic assessment of the company’s flagship, 100-per-cent-owned Miller hydrothermal lump vein (HLV) graphite project.
Canada Carbon Inc. (TSXV:CCB) announced a report of its exploration activities and market development work in support of the preliminary economic assessment of the company’s flagship, 100-per-cent-owned Miller hydrothermal lump vein (HLV) graphite project.
As quoted in the press release:
Exploration Program Summary
Since January 1, 2015, the Company has submitted 4,840 drill core samples for assay by Actlabs, in Ancaster, Ontario. These samples were collected from 84 new diamond drill holes dating back to August 2014, comprising 4,096 metres (“m”) total, and also include additional drill core samples collected from drill holes previously reported.
Another 174 channel samples were collected and assayed from 68 channels cut into bedrock exposures of graphitic material.
Trenching over exploration targets and excavation associated with preparing drill pads has frequently uncovered graphitic material from historic workings. The excavation process itself also often disturbs bedrock-hosted graphitic material, or exposes graphitic boulders in the overburden. These graphitic materials are being continuously collected, sorted by apparent grade (visually determined), and stockpiled.
Marketing Studies for White Marble
As reported by the Company on February 19, 2015, wide intersections of white marble were discovered to lie adjacent to the main vein/skarn graphite mineralized zones, also hosted in white marble. Consultations with dimensional stone industry representatives revealed that the white marble intersections were continuous enough to warrant further evaluation of the quality and size of the marble units. A significant component of this year’s drill campaign was dedicated to better defining the white marble zones.
A block of marble weighing approximately one tonne was shipped to an architectural stone processor located in Quebec, for cutting, polishing and assessment. The processor reported that the Miller marble was whiter, less brittle, easier to cut, and polished to a luster not seen in the imported white marble that they currently process. Following a site visit to the Miller Project, the processor has requested a further 50 tonnes of marble blocks, to prepare cut and polished samples, and make them available to his clients for their own assessments. The Quebec Mining Act permits the extraction of 50 tonnes of dimensional stone for testing purposes. The Company is in the process of extracting and delivering large blocks of white marble, as requested.
Detailed chemical analysis of the flotation tailings, composed entirely of crushed marble, has demonstrated that the tailings have calcium, iron, silica, and aluminum levels suitable as feedstock for cement manufacturers. The Miller marble contains low levels of magnesium, which makes it well-suited for certain specific value-added products distributed by the two international cement companies now in discussions with the Company.
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