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Northern Graphite (TSXV:NGC) (OTCQX:NGPHF) (“Northern” or the “Company”) is pleased to announce the results of additional metallurgical test work carried out on ore from the Bissett Creek deposit by BGRIMM, a Chinese state owned metallurgical research and development company. BGRIMM confirmed the high recoveries and high purities used in the Feasibility Study (“FS”) and successfully …
Northern Graphite (TSXV:NGC) (OTCQX:NGPHF) (“Northern” or the “Company”) is pleased to announce the results of additional metallurgical test work carried out on ore from the Bissett Creek deposit by BGRIMM, a Chinese state owned metallurgical research and development company. BGRIMM confirmed the high recoveries and high purities used in the Feasibility Study (“FS”) and successfully increased the percentage of high value, +50 mesh XL flake in the final concentrate from 48 to 61 per cent.
Gregory Bowes, CEO commented:
“We believe Bissett Creek has the best flake size distribution of any graphite project which will result in concentrate prices that are more than 60 per cent higher than for the “average” project, and we will not have the fines problem that characterizes almost every graphite deposit.
XL flake markets are growing rapidly while Chinese production of XL flake is declining which creates an excellent opportunity for the Bissett Creek Project.”
NGC:CA