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Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

Northern Graphite Corporation is a mineral resource exploration, development, and production company. It is engaged in the acquisition, exploration, development and production of graphite and other battery mineral properties. It is focused on producing natural graphite and upgrading it into high value products critical to the green economy, including anode material for lithium-ion batteries/EVs, fuel cells and graphene, as well as advanced industrial technologies. Its mining operations and projects include Lac-des-Iles (LDI), Okanjande, Bisset Creek, Mousseau West, and South Okak Project. The LDI graphite mine is located approximately two kilometers south of Lac-des-Iles, Quebec, approximately 110 km northeast of Ottawa and 180 km northwest of Montreal. The Okanjande graphite deposit, located approximately 22 km south of the town of Otjiwarongo, and the Okorusu processing plant. Its products include natural flake graphite, natural flake graphite for friction applications, and others.


TSXV:NGC - Post by User

Post by 1studenton Apr 26, 2023 1:10pm
84 Views
Post# 35414961

Re: NGC's Lac des Illes mine expansion efforts and GEL:TSXV

Re: NGC's Lac des Illes mine expansion efforts and GEL:TSXVThis company's management don't seem to be in any rush to drill those two or three exploratory holes on properties surrounding Lac des Illes.

The $2.25 Million flow- through charity financing is supposed to cover the costs of drilling those holes and analyzing the results, likely to determine precisely the very strength of continuity in trend onto NGC's Lac des Illes minesite properties.
As I said, just don't go about drilling those holes on the properties owned by Graphano Energy Ltd, which has performed immensely more exploratory work immediately adjacent to NGC's Lac des Illes minesite properties (just have a look at Graphano Energy's development work there).
If NGC does drill  too close to those Graphano Energy Ltd owned claims, NGC may actually have to buy into the LAC  Aux Bouleaux graphite project or perhaps buy Graphano Energy Ltd outright, eh?

GripnRip, Ogopogo007, MaterialsMan, and others should want to take specific note of the following information from Graphano Energy Ltd's press release yesterday.


"Zone 3 is one of the eight target areas identified from the 2015 airborne high-resolution magnetic (MAG) and time-domain electromagnetic (TDEM) survey completed on the LAB property. Given the strong drill results obtained, this spring exploration program will focus again on Zone 3 and investigate the possible expansion of the zone primarily towards the north with surface trenching, sampling and geological mapping." 

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