Graphite

Zenyatta Ventures Ltd. (TSXV:ZEN) commented on a recent academic paper that confirms that the properties of the company’s naturally occurring Albany graphite are comparable to those of synthetic graphite.

Zenyatta Ventures Ltd. (TSXV:ZEN) commented on a recent academic paper that confirms that the properties of the company’s naturally occurring Albany graphite are comparable to those of synthetic graphite.
As quoted in the press release:

The paper was presented at the “Symposium on Critical and Strategic Materials” hosted by the British Columbia Geological Survey and is titled “Geology, Ore Characteristics, and Origin of the Albany Graphite Deposit” by Dr. Andrew G. Conly and Lindsay C. Moore of Lakehead University in Thunder Bay, Ontario, Canada. The unusual mode of formation accounts for the favourable crystallinity and particle size of the graphite material found in the Albany deposit.
The authors conclude that “the Albany deposit is a distinctive type of igneous-hosted, fluid-derived graphite mineralization. Igneous-hosted deposits are very rare, as these environments do not usually provide suitable conditions for the formation of sizable deposits. The defining characteristic of the Albany deposit is the occurrence of crystalline, fine-grained graphite within two large (breccia) pipes. The formation of the Albany deposit required an unusual combination of geological factors approximately 1 Billion years ago.”

Peter Wood, vice president exploration at Zenyatta, commented:

Dr. Conly has been involved in the study of the Albany graphite deposit since Zenyatta’s initial discovery drill hole in 2011. He was one of the first to recognize the geological significance and the economic importance of such a find. Academic work completed under Dr. Conly’s supervision has considerably increased our understanding of the geological processes required for formation, and confirms that the Albany graphite deposit is not like any other graphite occurrence previously discovered or documented. It represents a unique geological setting that has led to the formation of highly crystalline graphite.

Click here to read the full Zenyatta Ventures Ltd. (TSXV:ZEN) press release.

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