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    market news

    Assays from SRG's Lola Graphite Project Confirm High-grade Potential

    Charlotte McLeod
    Jul. 19, 2017 09:53AM PST
    Battery Metals Investing

    SRG Graphite Inc. (TSXV:SRG) announced drill results from its West Africa-based Lola graphite project. Assay results from 27 boreholes completed at the project continue to confirm its high-grade potential, with 10 of them grading above 10 percent graphitic carbon.

    SRG Graphite Inc. (TSXV:SRG) announced drill results from its West Africa-based Lola graphite project. Assay results from 27 boreholes completed at the project continue to confirm its high-grade potential, with 10 of them grading above 10 percent graphitic carbon.
    Highlights are as follows:

    • Surface weathered profile thicknesses are 32% thicker than the initially estimated 20 meters
    • Borehole LL45-011373 returned 31 meters grading 5.76% Cg, including 14.67 meters at 9.80% Cg
    • Borehole LL44-768470 returned 13 meters grading 14.22% Cg, including 4.50 meters at 36.97% Cg
    • Borehole LL45-011592 returned 19 meters grading 7.2% Cg, including 7.00 meters at 14.80% Cg

    The press release also states:

    The current drilling program aims at producing the first mineral estimates for the property’s surface weathered profile, which will be included in a preliminary economic assessment scheduled for Q4 2017. The weathered profile is approximately 32% thicker than the Company’s initial estimate of 20 meters, with several holes demonstrating thicknesses of up to 50 meters. The drilling program will cover approximately 16% of the total surface area of deposit as defined by geological mapping, a geophysical Max-Min survey and previous drilling and pitting.

    Dr. Marc-Antoine Audet, president and CEO of SRG, commented:

    Drill results continue to reaffirm our belief in the quality of this remarkable graphite asset.

    Click here to read the full SRG Graphite Inc. (TSXV:SRG) press release.

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