Focusing on Bissett Creek Flake Graphite Deposit

Recently announced significant increase in estimated resources

Free
Message: Filing of Expansion Case NI 43-101 PEA...........

gr8...

Good catch!

This expansion case PEA is submitted and filed on sedar as a formal document.

The results of the expansion case, by 50%, from 20,888 tpy to 33,183 tpy has been discussed in the December Corp Presentation and resulted in a $100/tonne saving in cash cost (from $795/t to $695/t of concentrate). From the current price expected for Bissett Creek graphite (as shown in slide 16 of the Corp Presentation) there would be a healthy profit margin for large and extra large flakes.

A large percentage, 52%, of NGC graphite is with high Cg (97-99% Cg) and in the large size (+50 mesh) and extra large/jumbo size (+32 mesh). Price: $1800 -2000/t.

In addition, almost all NGC concentrates would be meet +80 mesh with a Cg of 97% criteria. Note: The industry standard for large flake product is +80 mesh with Cg of 94% (Price: ~$1400/t). Price for 97% Cg would be expected to fetch slightly higher price than $1400/t.

goldhunter

Share
New Message
Please login to post a reply