Battery Metals

Sama Resources Inc. (TSXV:SME) (“SME” or the “Company”) today reports that SRG Graphite Inc. (“SRG”) has today announced progress in the development of its mineral processing flowsheet designed in conjunction with DRA Americas and SGS Canada. Additionally, SRG has received positive testwork results on the expandable properties of its graphite flakes from the Lola deposit.   Sama …

Sama Resources Inc. (TSXV:SME) (“SME” or the “Company”) today reports that SRG Graphite Inc. (“SRG”) has today announced progress in the development of its mineral processing flowsheet designed in conjunction with DRA Americas and SGS Canada. Additionally, SRG has received positive testwork results on the expandable properties of its graphite flakes from the Lola deposit. Sama holds a control position in SRG of 24,658,267 shares representing 43.93% of the issued and outstanding shares of SRG and is considered an insider for reporting purposes.

As quoted in the press release:

The key result highlights are as follows:

  • Preliminary testwork suggests wet scrubbing as an alternative to traditional grinding is possible, which would reduce capital and operating costs while promoting flake size preservation.

  • Ongoing testwork suggests the developed flowsheet would allow for 95%-98% Cg concentrate to be produced over all size fractions.

  • Performed expandability testwork on +50mesh and +80mesh graphite concentrate obtained 350ml/g and 300ml/g, respectively, well over industry requirements.

Click here for the full text release

Featured

MARKETS

Markets
TSX20050.97-570.42
TSXV810.00-46.62
DOW33444.97-820.40
S&P 5004272.27-125.67
NASD13327.54-441.38
ASX7175.80-166.60

COMMODITIES

Commodities
Gold1832.52-1.68
Silver23.64-0.63
Copper4.41-0.11
Palladium2126.50+29.50
Platinum1012.50-17.50
Oil82.68-2.46
Heating Oil2.58-0.06
Natural Gas3.95-0.05

DOWNLOAD FREE REPORTS

×