Ceylon Graphite’s Assays 98.89% Carbon Content

 Ceylon Graphite (“Ceylon Graphite”) (TSX-V:CYL) (OTC:CYLYF) (FSE:CCY) announces it has received assay results of laboratory testing of graphite samples taken from the overburden of its exploration GRIDs in the Malsiripura and Katuwana areas in Sri Lanka.

These results indicate carbon content ranging from 98.89% to 78.43% (w/w). The laboratory testing was done by Kahatagaha Graphite Lanka (Government owned mining company) and SGS India.

Bharat Parashar, Chief Executive Officer, said:

“We are delighted with these results which indicate that Ceylon Graphite has some of the world’s purest graphite available in its GRIDs. We expect the unweathered mineral mined from the bedrock at these sites will yield an even higher grade graphite.

We now intend to ramp up work on these two sites to quickly bring them to pre-commercial production stage.”

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