Great Lakes Confirms Hydrothermal Lump-Vein Graphite at Lochaber

Great Lakes Graphite Inc. (TSXV:GLK) announced that it has confirmed the presence of 98 percent pure hydrothermal lump-vein graphite at its Quebec-based Lochaber property. The material was previously collected as part of a bulk sample, but “had not been previously identified as most of the sample had been ground for testing purposes.”

As quoted in the press release:

The discovery was made and confirmed last week by Process Research Ortech, (‘PRO’) in Mississauga, Ontario during a routine head grade analysis of the bulk sample (completed last August) on the -140 graphitic material, which represents more than 20% of the deposits’ particle size distribution average. The initial analysis was necessary to grade the material to outline its economic value for GLK’s upcoming feasibility study and resource estimate.

The samples were then sent to AGAT Laboratories in Mississauga, Ontario for additional analysis where all assays for graphitic carbon, performed using the IR assay method, yielded results higher than 98%.

Additional graphite material which will assist in building an economic model is currently being analyzed at PRO. Purity testing has also commenced and the Company is planning to collect additional material from the Lochaber Property over the next two weeks, subject to ground conditions.

Paul Gorman, CEO of Great Lakes, commented:

The focus of the work on our resource estimate to date has been on the flake graphite within the deposit at Lochaber. Given the magnitude of the potential positive economic impact of this development and after careful consideration, the management team, and its consultants have made the decision to incorporate this development into the resource estimate that is in progress.

While this will necessarily extend the target date for delivery of the resource estimate, it is a matter of several weeks and not months to accomplish this. Our shareholders are highly supportive of our efforts to build sustainable value for the long term and they understand that delivering the most complete report possible must be our highest priority.

Click here to read the full Great Lakes Graphite Inc. (TSXV:GLK) press release.