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Galaxy Ventures Inc V.GXY


Primary Symbol: V.GXY.P

Galaxy Ventures Inc. is a Canada-based capital pool company. The principal business of the Company is the identification and evaluation of assets or a business and, once identified or evaluated, to negotiate an acquisition of or participation in a business (the Qualifying Transaction or QT).


TSXV:GXY.P - Post by User

Post by stemjakeon Feb 26, 2013 11:57pm
117 Views
Post# 21046793

Caribou acquires property with 46 m of 9.86%

Caribou acquires property with 46 m of 9.86%

 

CARIBOU ACQUIRES GRAPHITE PROJECTS IN QUEBEC INCLUDING HISTORIC DRILL HOLE INTERCEPTING 46 METERS OF 9.86 CGF IN QUEBEC

Caribou King Resources Ltd. has signed an agreement to acquire 100 per cent of three Quebec graphite properties namely TAC, Lac Vert and Buckingham, all situated in southwestern Quebec in the Central Metasedimentary belt of the Grenville geologic province. The properties are prospective for large flake, crystalline graphite and have a historic record of exploration and production for graphite mineralization.

The TAC and Lac Vert properties are 3 kilometers apart located in Mousseau Township. The Buckingham Property is situated in Buckingham Township 750 meters west of a former producer, the historic Walker Graphite Mine. All the properties have road access.

TAC Property

According to the Quebec government reports, graphite locally occurs on TAC "as flakes up to 1cm in diameter but typically varying from 0.5mm to 5mm in diameter. Graphite appears to be preferentially developed within the marble units; some crystals can be present locally in any of the metasedimentary lithologies."


Read more at https://www.stockhouse.com/bullboards/messagedetail.aspx?p=0&m=32228916&l=0&r=0&s=CKR&t=LIST#GWpAGzqWPuBqtBI9.99 

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