- CapEx: $101.6M (including $9.3M contingency)

- Operating cost: reduced to below $795/tonne

- Sensitivity Analysis for various graphite pricing

- Study to define the requiremnets for an upgrading/purifying facility to sell into the value-added market is underway.

- Conference call was held on Monday 23 Sept (I missed it, if anyone has the info please share).

Details, see link below:

http://www.northerngraphite.com/wp-content/uploads/2010/01/13-09-23-NGC-PR-Update-BFS-Final-with-appendix-for-SEDAR.pdf

goldhunter