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Graphite One Resources Files NI 43-101 Technical Report

Investing News Network
Jan. 23, 2013 09:44AM PST
Battery Metals Investing

Graphite One Resources Inc. (TSXV:GPH,OTCQX:GPHOF) announced that the National Instrument 43-101 Technical Report for its maiden inferred resource at the Graphite Creek Property in Alaska has been filed on SEDAR.

 Graphite One Resources Inc. (TSXV:GPH,OTCQX:GPHOF) announced that the National Instrument 43-101 Technical Report for its maiden inferred resource at the Graphite Creek Property in Alaska has been filed on SEDAR.

As quoted in the press release:

The Technical Report was prepared by SGS Canada Inc., and APEX Geoscience Ltd., following the guidelines of the Canadian Securities Administrations National Instrument 43-101 and Form 43-101F1. The report titled “TECHNICAL REPORT, MAIDEN INFERRED RESOURCE ESTIMATE OF THE GRAPHITE CREEK PROPERTY, ALASKA USA”, is filed on SEDAR and can be viewed on the SEDAR website, www.sedar.com, and Graphite One’s website, www.graphiteoneresources.com.

Graphite One Resources Inc. President, Anthony Huston said:

We are excited by the results of this independent National Instrument 43-101 inferred resource estimate, which represents a major milestone for the Company and provides a solid base for further developing Graphite Creek. We believe that the Property’s considerable percentage of high grade large flake graphite, the envisioned low waste to ore strip ratio, readily accessible infrastructure, and prime location in a mining friendly jurisdiction make Graphite Creek a compelling development project. From a management perspective, the economics of this sizeable resource provide a strong incentive to fast track this deposit into production, thereby delivering significant value for our shareholders.

Click here to read the Graphite One Resources Inc. (TSXV:GPH,OTCQX:GPHOF) press release
Click here to see the Graphite One Resources Inc. (TSXV:GPH,OTCQX:GPHOF) profile

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