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Graphite One Resources Inc. (TSXV,GPH,OTCQX:GPHOF) has retained the engineering services of TRU Group Inc. in order to define initial options for development at its Graphite Creek Deposit. TRU’s report focused on matching the resource to market functionalized end use compounds.
As quoted in the press release, a summary of the report indicated:
- A preliminary assessment suggests that the graphite is amenable for the development of a suitable spherical graphite product that is competitive on quality. There is significant opportunity for the Graphite Creek Project to push downstream by performing additional processing to their expected run of mine (“ROM”) concentrate. The products recommended for development and manufacture include: uncoated spherical graphite for use in the Li+ battery market; expanded graphite, exfoliated and micronized, for use in the manufacture of alkaline batteries; jumbo flake graphite that can be sold to the refractory industry; and, micronized graphite, for use in the manufacture of alkaline batteries. The analysis took into account the carbon/graphite content, impurity levels, flake size, and potential for upgrading according to prior test results (see news releases dated April 29, 2013; April 24, 2014; February 28, 2014 and the Technical Report filed on SEDAR which can be viewed on the SEDAR website, www.sedar.com);
- The strategic significance of the Graphite Creek Project as a secure American-based resource as a substitute for Chinese supply, as well as a competitor against imports from other countries, should not be underestimated.
Graphite One CEO, Anthony Huston, said:
We are pleased to have this report completed by the TRU Group who are known for their industry-leading expertise and roster of experts. We look forward to progressing the Graphite Creek Deposit to its full potential.
Click here to read the Graphite One Resources Inc. (TSXV:GPH) press release
Click here to see the Graphite One Resources Inc. (TSXV:GPH) profile.
