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Global Li-Ion Graphite Acquires Data and Engages Wardell Armstrong International
Sep. 25, 2017 09:18AM PST
Battery Metals Investing
Global Li-Ion Graphite (“LION” or, the “Company”) (CSE: LION) is pleased to announce that the Company has acquired the available historic data including the DRAFT NI 43-101 written by Wardell Armstrong dated Oct 2014. The Company has engaged Wardell Armstrong to complete a current NI 43-101 and to consult with the Company on a go …
Global Li-Ion Graphite (“LION” or, the “Company”) (CSE: LION) is pleased to announce that the Company has acquired the available historic data including the DRAFT NI 43-101 written by Wardell Armstrong dated Oct 2014. The Company has engaged Wardell Armstrong to complete a current NI 43-101 and to consult with the Company on a go forward basis to initiate a conformation work program.
About the Malagasy Graphite Property
The three mining exploitation licenses that comprise the Project are located in the vicinity of Andasibe in Toamasina Province in Madagascar, 20 km to the southwest of Sheritt’s Ambatovy nickel/cobalt laterite open pit mine, and 200km via road from the seaport of Toamasina, Madagascar’s main port.
The licenses total 4,375 hectares (10,811 acres). Graphite was produced on the licenses for roughly a century from 1910. The production to date has been free digging of lateritic ore and open pit mining, providing low cost exploitation without need for blasting.