The Conversation (0)
Canada Strategic Metals (TSXV:CJC) announced that it and Lomiko Metals had received the results of five drill holes from recent drilling at La Loutre. Graphite measurements ranged from 2.24 percent to 15.65 percent across the five holes.
According to the press release, the results are as follow:
- 3.06% Gp over 21.00 metres from Hole LL-14-16; 6.52% Gp over 14.20 metres;
- 2.24% Gp over 35.00 metres from Hole LL-14-17;
- 3.79% Gp over 20.90 metres from Hole LL-14-18;
- 5.36% Gp over 12.40 metres including 15.65% Gp over 2.40 metres, 6.64% Gp over 22.70 metres including 11.18% Gp over 10.65 metres and 4.55% Gp over 9.65 metres from Hole LL-14-19
- 5.14% Gp over 3.70 metres and 6.04% Gp over 35.15 metres from Hole LL-14-20.
Jean-Sebastien Lavallée, Chief Executive Officer of Canada Strategic Metals., said:
To be economically viable, La Loutre must be able to deliver 1 Million Tonnes of more 94% Purity Graphite. To achieve this, the minimum resource must be 20 Million Tonnes of 5% Gp. We have a good location near Imerys Carbon and Graphite Mine. Setting high standards is required to stand out in the current and future graphite market.
Click here to read the Canada Strategic Metals (TSXV:CJC) press release
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