Zenyatta Ventures Ltd. (TSXV:ZEN) announced that it’s completed and tested a purification process for the production of high-purity graphite from its Ontario-based Albany deposit.
Zenyatta Ventures Ltd. (TSXV:ZEN) announced that it’s completed and tested a purification process for the production of high-purity graphite from its Ontario-based Albany deposit. The company also said that it’s now submitted the complete process flow sheet and associated engineering data for inclusion in an upcoming preliminary economic assessment (PEA) for Albany.
As quoted in the press release:
The work was performed by SGS Canada Inc. (‘SGS’) where significant progress was made over the last few months improving upon an earlier bench-scale process and designing a distinctive flow sheet specifically for the Albany hydrothermal graphite deposit. The data have been submitted to RPA Inc. (‘RPA’) for completion of the Preliminary Economic Assessment (‘PEA’), which is due soon.
- Zenyatta has designed and tested an innovative process for the production of high purity natural graphite;
- SGS analyses of six purified Albany graphite samples yielded greater than 99.9% purity;
- RPA is in possession of all process flow sheet data and will produce a PEA report in the near term.
Aubrey Eveleigh, president and CEO of Zenyatta, commented:
SGS has developed a relatively benign purification process from an environmentally benign deposit to produce highly crystalline graphite exceeding 99.9% purity. Feedback from the market, including potential strategic partners in the CleanTech sector, suggests that environmental considerations are critical when sourcing raw materials for today’s high tech applications like energy storage.