goldcore resources

Goldcore to build Lithion Ion Batteries

(TheNewswire)



Goldcore Resources Ltd (TSXV:GEM ) ( FSE:BK2P ) ( WKN:A2QENP) ("Goldcore" or the "Company") is pleased to announce that ProGraphite GmbH ("ProGraphite"), one of the world's leading graphite R&D Laboratories located in Germany, is under contract by Goldcore Resources Ltd. to build several sample Lithium Ion Batteries using graphite from the Company's Berkwood Graphite deposit.

In August 2019 Berkwood Graphite samples were shipped to ProGraphite and numerous tests were conducted.  ProGraphite has confirmed that Berkwood graphite is unique in that it is very high grade and course compared to generally available graphite from present world producers. Test results demonstrated its excellent qualities for various commercial uses including, expandability, and that it is easily purified to 99.95% using a standard alkaline process instead of using environmentally dangerous Hydrofluoric Acid, which is currently how the majority of the worlds battery grade graphite is purified.

This environmentally friendly process will allow Goldcore to produce battery grade graphite using a clean energy process and reduce the carbon footprint of the purchasers of Berkwood Graphite.   Clean energy and reducing carbon footprint are first and foremost for electric vehicle battery producers.  Not only is Berkwood graphite providing a clean energy alternative to the manufacture of electric vehicles but it is being done so within North America.

Tom Yingling, President and CEO states, "I am very pleased to be one of the first North American graphite companies to actually build sample lithium Ion Batteries from its own Graphite.   As a leading specialist in Graphite, ProGraphite is one of only a few laboratories in the world that have the technology and expertise to create Goldcore's first Lithium Ion Battery.  The world is demanding clean energy and reducing carbon footprints.  Goldcore's graphite is unique as it has shown that it can be easily purified without using Hydrofluoric acid, which is how the majority of the worlds Graphite is purified now.  Not only is the Berkwood Graphite "Greener" it is also higher grade and courser compared to generally available graphite from present world producers. In addition to w orld class Graphite Goldcore shareholders also benefit from an excellent share structure with only approximately 33 million shares outstanding."

About the Company: Goldcore Resources is managed by a team with over 150 years collectively with a proven track record of not just finding numerous mines but building and operating them too. The Goldcore management team's most recent success is the discovery of the Berkwood Graphite resource in Northern Quebec. Goldcore owns this asset 100 percent and the Company's shareholders will benefit from this asset as the demand for Graphite for electric vehicles increases significantly.

On Behalf of the Board of Directors

Goldcore Resources Ltd.

‘Thomas Yingling'

President, CEO & Director

FOR MORE INFORMATION, PLEASE CONTACT:

Investor Relations:
or 1-604-343-7740

info@goldcoreresources.com www.goldcoreresources.com

Disclaimer for Forward-Looking Information:

Certain statements in this release are forward-looking statements, which reflect the expectations of management.  Forward-looking statements consist of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future.  Such statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements.  No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what benefits the Company will obtain from them.  These forward-looking statements reflect management's current views and are based on certain expectations, estimates and assumptions, which may prove to be incorrect.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release .

Copyright (c) 2021 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

The Conversation (0)
Green Battery Minerals

Green Battery Minerals

Exploring Highly Prospective Graphite and Gold Assets in North America

Gold bars stacked with financial chart background.

OPINION — Past is Prologue: Why the Next Decade Could Belong to Gold and the Miners

This opinion piece was submitted to the Investing News Network (INN) by Darren Brady Nelson, who is an external contributor. INN believes it may be of interest to readers and has copy edited the material to ensure adherence to the company’s style guide; however, INN does not guarantee the... Keep Reading...
Scales of justice, gavel, and law books on a desk.

Tudor Gold Sues BC, Seabridge Over Tunnel Rights in Golden Triangle

An ongoing land-use dispute in British Columbia’s mineral-rich Golden Triangle has escalated into a full-blown legal battle as Tudor Gold (TSXV:TUD,OTC Pink:TDRRF)takes the province and rival Seabridge Gold (TSX:SEA,NYSE:SA) to court over tunneling rights linked to one of Canada’s largest... Keep Reading...
Two 3D arrows, one black and one gold, merge and point upward on a white background.

Predictive Discovery and Robex to Merge, Combining West African Gold Projects

Australia-based Predictive Discovery (ASX:PDI) and Canadian company Robex Resources (ASX:RXR,TSXV:RBX,OTC Pink:RSRBF) have agreed on a merger of equals, creating West Africa’s new mid-tier gold producer.In a joint announcement, the companies said that Predictive Discovery will indirectly acquire... Keep Reading...
Gold bars and silver coins scattered on a surface.

Gold Price Breaches US$4,000, Silver Tests US$50

Gold marked a new price milestone on Wednesday (October 8), breaking US$4,000 per ounce. The spot price hit a fresh record, rising as high as US$4,056.14 in midday trading. Future prices for gold breached US$4,000 for the first time on Tuesday (October 7) and have continued to climb higher.The... Keep Reading...
Three gold bars on price chart with magnifying glass.

What Was the Highest Price for Gold?

Gold has long been considered a store of wealth, and the price of gold often makes its biggest gains during turbulent times as investors look for cover in this safe-haven asset.The 21st century has so far been heavily marked by episodes of economic and sociopolitical upheaval. Uncertainty has... Keep Reading...
Physical gold bar and gold Maple Leaf coin with small gold nuggets on top.

A Guide to Investing in Physical Gold

Gold is known as an attractive safe-haven investment and has been used to store wealth during volatile times through history. It has interesting currency-like tendencies, and retains its purchasing power better than paper currencies.For that reason, gold market analysts typically recommend that... Keep Reading...

Latest Press Releases

Related News