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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

Comment by 1studenton Jan 23, 2024 3:52am
39 Views
Post# 35840251

RE:Bring on the offtakes

RE:Bring on the offtakesContinuity of mined graphite supply from Lac des Illes or alternatively from a toll processing agreement reached with neighboring graphite deposit developing companies (e.g. Graphano Energy Limited, GEL.V and/or any other more advanced graphite project) should be the only thing Hugues Jacquemin et al should be concentrating on achieving.
Perhaps you, Ogopogo007, aboslutely forgot that the historical Lac des Illes graphite resource is to be more quickly depleted during this year, due to graphite mining and graphite processing operations being ramped up to the 25,000 tpa graphite processing facility nameplate capacity.


At the intended processing clip suggested, there is little to no chance (unless there is some all too conveniently engineered catastrophic failure at that LDI graphite processing facility) that NGC doesn't run out of graphite to mine before the supposed 2 Million+ and entirely unproven graphite deposit, which has been suggested as having been found within the existing pit at LDI, is actually deliniated and sufficiently proven up before it can actualy be mined. Perhaps mined in a far too "constrained" manner and perhaps therefore ultimately found to be an uneconomic endeavor. 
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