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The airborne electromagnetic (EM) survey on the Standard Graphite Corp. (TSXV:SGH) Preston property confirmed that the known graphite occurrence is coincident with an extensive conductor.
As quoted in the press release:
The Preston graphite occurrence reported historical grades of up to 12% Cg in grab samples (source: MRNF – mineral occurrence database). The trend outlined in the survey shows a more continuous conductor towards the northwest, away from the known occurrence. These results prompted the staking of additional claims further to the northwest. Field crews will mobilize to the area later in June and will prospect the entire conductor axis in search for additional high-grade, large flake graphite occurrences.
Standard Graphite President and CEO Chris Bogart said:
“Preston is particularly interesting, based on the historical high-grade find. We are extremely happy that the occurrence is now part of a trend and could lead to a sizeable discovery.”
Click here to read the Standard Graphite (TSXV:SGH) press release