Focused on Exploring For Graphite and Lithium Deposits
Demand for graphite has been increasing by approximately 5 per cent per year since 2000
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

UBR: TSX-V

Uragold Discusses Merits of Recent Acquisition from Fancamp

Welcome to Beyond The Press Release a production of AGORACOM in which we take the time to talk to small cap ceo’s and executives about their recent press releases. Bernard Tourillon, Chairman, CEO and Director of Uragold discusses the Conditional Approval from the TSX Venture Regarding the Acquisition of 32 Claims from Fancamp.

Hub On AGORACOM / Corporate Profile / Watch Interview Now!

 

Message: Lomiko Metals to explore Québec graphite prospect - Resource World Magazine

Admin_profile
AGORACOM
Rank: [?]
Administrator
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

Lomiko Metals to explore Québec graphite prospect - Resource World Magazine

posted on Apr 24, 12 11:39AM

With the price of flake graphite having tripled since 2005 from $2,000 to $3,000 per tonne, Lomiko Metals Inc. [LMR-TSXV; LMRMF-OTC; DH8B-FSE] management recognized a real opportunity and has now joined the growing number of junior exploration companies targeting this sector.

This begs the question: what is so special about graphite? The answer is that graphite has many important new applications such as lithium-ion batteries. In addition, fuel cells, nuclear and solar power also have the potential to create significant
incremental demand growth. Then there is graphene, a newly-discovered product with many potential uses. Though extremely thin, graphene is stronger and lighter than steel. While still in the R & D stage, graphene appears destined to play a large role in future industrial applications.

Of course, to join this sector, it is crucial to acquire a graphite prospect with excellent potential for development. A. Paul Gill, Chief Executive Officer, scoured Canada and the company has now acquired the Quatre Milles graphite property located in southwest Québec. The region is host to some of the most favourable geological terrain for graphite exploration in Canada and is known to host graphite resources, including the nearby Lac Des Iles Mine operated by Timcal.

Located approximately 175 km northwest of Montreal and 17 km north of the village of Sainte-Veronique, Québec, the road accessible Quatre Milles graphite property is early stage; however, initial exploration results have been very encouraging. Past operator, Graphicor Resources Inc., completed reconnaissance mapping and prospecting as well as ground geophysics and a 26-hole diamond drill program totaling 1,625 metres back in 1989.

Read Article in its entirety.

New Message

Please login to post a reply

AGORACOM Quick Tips

AGORACOM 100 - The Top 100 Small Caps ... Find Your Next Investment

President's D.D.

New feature: Hub Presidents can add important links here.