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Soldi Ventures Inc. (TSXV:SOV) has acquired the 2,300 acre Lochaber Graphite Property in Quebec, diversifying its exploration to include graphite.
Soldi Ventures Inc. (TSXV:SOV) has acquired the 2,300 acre Lochaber Graphite Property in Quebec, diversifying its exploration to include graphite.
As quoted in the press release:
The Lochaber Property had been the target of exploration in the early 1950s and again in the 1980s during which time an airborne survey (in report DP 83-05) was flown to further define targets. A strong, wide airborne conductor was discovered and a ground visit to the location revealed massive flake graphite. The property is located approximately 30 kilometers east of Ottawa-Gatineau, near a highway in a historic graphite mining district.
In a 1952 report it was reported that “trenches were bulldozed by Frobisher Exploration, stripping overburden of 3-18 inches perpendicular to the strike of the Graphite zone. 10 trenches were stripped every 50 feet for 550 feet of the zone. The graphite exposed ranged from 3 feet to over 10 feet in the last 150 feet of the zone. The graphite zone trends along a steep valley that has a strike of N85E.” The author visually estimated grades of 10% to 15% graphite. A pit 1,500 feet west of this zone exposed graphite bearing rock.
Click here to read theSoldi Ventures Inc. (TSXV:SOV) press release
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