Graphite

TSXV:GLK

Great Lakes Graphite Inc. (TSXV:GLK) announced that the TSX Venture Exchange has given it final approval to acquire Rock Tech Lithium Inc.’s (TSXV:RCK) Lochaber graphite property.

Great Lakes Graphite Inc. (TSXV:GLK) announced that the TSX Venture Exchange has given it final approval to acquire Rock Tech Lithium Inc.’s (TSXV:RCK) Lochaber graphite property. Great Lakes has now filed a NI 43-101 compliant technical report for the property on SEDAR.

As quoted in the press release:

The Company has now commissioned, and commenced, a follow-up study to determine a compliant estimate of the graphite resources present on the Property.

The Lochaber Graphite Property comprises 152 mineral claims, covering 9,122 ha (91 km2) in the Buckingham Region northeast of Gatineau, Québec. The Property, considered prospective for large flake, crystalline graphite, has an historic record of exploration and production. Numerous flake graphite occurrences on the property are some of the oldest graphite showings in Canada, having been discovered in the late 1800s and early 1900s. There are two past producing graphite mines (the ‘Mayo’ and ‘Plumbago’ mines) and three historical graphite occurrences (the ‘McLaren’, ‘Kelly’ and ‘Burke’ Showings) distributed over an area covering 16 km2 of the Property.

Paul Gorman, CEO of Great Lakes, commented:

We are extremely encouraged by the grade and flake size that we have encountered across the property and building out a resource will be a giant step for the company. Once completed, we will have positioned Great Lakes to be one of only a handful of industrial mineral companies poised to plan for production.

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

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