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Standard Graphite Beidelmann-Lyall Graphite Property Optioned to Terra Firma Resources
Apr. 27, 2012 09:09AM PST
Company NewsStandard Graphite Corporation (TSXV:SGH) has signed a Mineral Property Option Agreement with Terra Firma Resources Inc. (TSXV:TFR), to which Terra Firma has been granted an option to earn 100% interest in the Beidelmann-Lyall Graphite Property located in Ontario.
As quoted in the press release:
The Beidelmann-Lyall Property (the “Property”) consists of two claim block totaling approximately 625 hectares located approximately 23 kilometers west of the past producing Black Donald Mine. The Black Donald Graphite Mine was one of the largest and richest graphite deposits in North America. It had reported historic ore grades of up to 80% Cg. During the last 10 years of mine life the average reported grade was 25-30% Cg T94% of the total value of Ontario graphite production came from the Black Donald Mine. The Beidelmann-Lyall property is accessible via paved and logging roads.
Click here to read the Standard Graphite (TSXV:SGH) press release
Click here to see the Standard Graphite (TSXV:SGH) profile.
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