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Standard Graphite Corp.(TSXV:SGH) announced its final results from its 2012 diamond drill program. The Company’s 2012 program at the Mousseau East project aimed at confirming the historical, non 43-101 compliant resource. Results confirm that is was successful in duplicating historical drilling.
As quoted in the press release:
The 2012 diamond drill program aimed at confirming the historical, non 43-101 compliant resource at Mousseau by duplicating some 12 drill-holes that served in the historic resource calculation. Also, the program tested the immediate extensions of the known mineralization and last, exploratory drilling was conducted in other areas of the project where no exploration had taken place previously. All three phases were successful and produced significant mineralization.
Standard Graphite, President & CEO, Chris Bogart, commented:
We are very enthused by the results obtained in 2012 and are very eager to resume exploration on our Mousseau project to further expand on these results. The application for a drilling permit has been filled with the government and should be obtained shortly.
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