Caribou 9.86% graphite over 46 meters
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."
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