Caribou King Contacted by European Full Service Analytical Company for Graphite Samples

- March 19th, 2015

Caribou King Resources Ltd. (TSXV:CKR) reported that a full service analytical company specializing in high-value industrial and strategic minerals based in Europe has contacted them to provide samples from the Uncle Zone on the Buckingham graphite project in Quebec. The European company gives Caribou King exposure to a full project chain offering support from exploration through to quality evaluation and tailor-made process design to market introduction and testing for end user approval by potential customers. According to Caribou King CEO Michael England, this provides a potential for testing and analysis using state-of-the-art analytical methods, as well as “offtake agreements and strategic partnership introductions.”

Caribou King Resources Ltd. (TSXV:CKR) reported that a full service analytical company specializing in high-value industrial and strategic minerals based in Europe has contacted them to provide samples from the Uncle Zone on the Buckingham graphite project in Quebec. The European company gives Caribou King exposure to a full project chain offering support from exploration through to quality evaluation and tailor-made process design to market introduction and testing for end user approval by potential customers. According to Caribou King CEO Michael England, this provides a potential for testing and analysis using state-of-the-art analytical methods, as well as “offtake agreements and strategic partnership introductions.”

As quoted in the press release:

Caribou King Resources Ltd. (“Caribou” or the “Company”)(CKR – TSX.V)(CBULF – USA) is pleased to announce it has been contacted to provide high-grade graphite samples to a European based full service analytical company specializing in high-value industrial and strategic minerals. A 5kg sample from the “Uncle Zone” on Caribou’s 100% owned Buckingham graphite project that yielded over 81% Cg (see CKR news Nov 18 2013) has now been sent to an in-house laboratory and test center for analysis. Caribou was recently contacted to provide a high-grade sample for analysis after its March 3rd 2015 news release reported the Company achieved over 99.9% Cg from a flotation circuit alone without process optimization such as acid leach or alkaline roast.

Michael England, CEO and Director of Caribou King, stated: “Our recent Buckingham graphite samples that achieved over 99.9% Cg from flotation alone have garnered international recognition. We are excited to have been contacted by one of the top European based full service analytical firms that has offered to provide testing and analysis of our high-grade graphite using state-of-the-art analytical methods as well as the potential for offtake agreements and strategic partnership introductions. Initial sampling at Buckingham has returned some of the highest assay results reported in Quebec to date and further exploration is now underway to continue to define the graphite rich Uncle Zone.”

Caribou now has exposure to a full project value chain that offers expert support from exploration through quality evaluation and tailor-made process design to market introduction and testing for end user approval by potential customers. This potential working relationship will provide a unique combination of a fully equipped technical center, analytical facilities, and strong contacts in downstream industries to thoroughly evaluate and process technical samples.

All carbon analyses described above were performed by SGS Canada and are reported as graphitic carbon employing a Leco SC-632 instrument. The results reported in this release are from a single trench and are not necessarily representative of all mineralization hosted in this zone. Further testing must be carried out to verify these results.

Click here to read the Caribou King Resources Ltd. (TSXV:CKR) press release
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