Alabama Graphite trenches 3.9% Cg at Bama mine Alabama Graphite trenches 3.9% Cg at Bama mine
Alabama Graphite Corp (C:ALP)
Shares Issued 98,697,613
Last Close 4/6/2015 $0.275
Tuesday April 07 2015 - News Release
Mr. Ron Roda reports
ALABAMA GRAPHITE RECEIVES POSITIVE ASSAY RESULTS FROM TRENCHING AT ITS BAMA MINE PROJECT IN ALABAMA, USA
Alabama Graphite Corp. has received final assay results from a trenching program conducted at its Bama mine project in early 2015. The results identified new targets in close proximity to the historic Bama Mine with a number of sections averaging over 3% C(g).
The purpose of the trenching was both to further evaluate areas adjacent to the historic mine as well as to test new areas where airborne geophysical anomalies and/or surface channel sampling has identified prospective targets. Bulk samples were also collected for future metallurgical testing.
Trenching has proven to be the most cost-effective means of exploration given the soft and near-surface nature of the graphite mineralization in Alabama. Trenching was performed by a contractor using an excavator with all sampling and logging being conducted by Alabama Graphite personnel. Assay work was conducted by ActLabs of Ancaster, Ontario. Samples were collected on five-foot intervals with the majority of the trenches cut perpendicular to the strike of foliation. In keeping with the Company's environmental commitment, trenches are backfilled and reclaimed after sampling.
Significant results of trenches is presented in the table below: Trench ID Length Key Interval Width Average % C(g) AGC-CH-TR01a 125' NSV NSV NSV AGC-CH-TR01b 415' 180-225' 45' 2.61 AGC-CH-TR02 885' 195-225' 30' 2.55 AGC-CH-TR03a 175' 55-105' 50' 2.98 AGC-CH-TR03b 725' 125-185' 60' 2.54 AGC-CH-TR04 675' 230-310' 90' 3.20 595-575' 80' 3.84 AGC-CH-TR05a 470' 205-270' 65' 3.26 400-470' 70' 3.38 AGC-CH-TR05b 725' NSV NSV NSV AGC-CH-TR06 500' 0-85' 85' 2.68 AGC-14-TR07a 600' 0-220' 220' 3.01 AGC-14-TR07b 150' NSV NSV NSV AGC-CH-TR08 650' 120-225' 105' 3.49 370-455' 85' 3.90 AGC-14-TR09a 425' 320-425' 105' 3.23 AGC-14-TR09b 750' 335-420' 85' 2.83 640-750' 110' 2.72 AGC-14-TR10a 400' 70-355' 285' 3.05 AGC-14-TR10b 350' 240-310' 70' 2.88 AGC-14-TR11a 125' NSV NSV NSV AGC-14-TR11b 375' 0-70' 70' 3.20 AGC-14-TR12 170' NSV NSV NSV AGC-14-TR13 75' NSV NSV NSV AGC-14-TR14 125' 10-110' 100' 3.69
NSV = No Significant Values
"We emphasize that all of the results presented are from soft, oxidized material which differentiates the Alabama graphite deposits relative to other flake graphite occurrences in North America. The Bama Mine is of significant interest as both historical records and our own metallurgical testing indicates a very high proportion of coarse flake graphite," states Ron Roda, President and CEO of Alabama Graphite. "Our test results suggest that there is the potential to develop another resource in close proximity to the former mine.
The Company is preparing composite samples for metallurgical testing from some of the key trench intercepts as the next step in the exploration process for the Bama Mine Project.
Rick Keevil, P. Geo., a Director of the Company and VP of Project Development, is a Qualified Person as defined by National Instrument 43-101, has reviewed the contents of this press release.
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