Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Northern Graphite Corp V.NGC

Alternate Symbol(s):  NGPHF

Northern Graphite Corporation is a Canada-based flake graphite producing company. The Company 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/electric vehicles (EVs), fuel cells and graphene, as well as advanced industrial technologies. Its mining operations include Lac des Iles, Okanjande and Bissett Creek. Its products include Flake Graphite Products and Porocarb Products. The Lac des Iles (LDI) mine is the only flake graphite producer in North America. The LDI mine is located approximately two kilometers south of Lac-des-Iles, Quebec, 110 kilometers (km) northeast of Ottawa and 180 km northwest of Montreal. The Okanjande mining is located in Namibia, one of Africa's finest mining jurisdictions. It holds a 100% interest in the Bissett Creek Project, which is located around 15 km from the Trans-Canada Highway between the towns of Deep River and Mattawa, Ontario.


TSXV:NGC - Post by User

Bullboard Posts
Post by scissors14on Jan 26, 2012 3:21am
478 Views
Post# 19450758

NGC Has Over $2 Billion Worth of Drill Proven Grap

NGC Has Over $2 Billion Worth of Drill Proven Grap

The recent N43-101 completed by Northern Graphite shows there is a drill proven indicated and inferred resource of slightly over 900,000 metric tonnes of graphite that has the highest average value per tonne and the highest margin in the industry worldwide.  This is 45 years of 20,000 tonnes of annual production. 

At a conservative $2500 per tonne (could easily be $3000+) this equals $2,250,000,000 worth of the highest quality graphite in the world.  The flake size at Bissett Creek caused a new category of graphite to be created and named - jumbo flake.  It is the only deposit in the world where jumbo flake is available in tonnage, never mind large flake.  

The drilling program and resource estimate confirm that near surface graphite mineralization exists in an area that is now over one square kilometer in size.  The kicker is that the deposit remains open along strike to the north and the south, and down dip to the east so the amount of known graphite can easily be substantially increased to meet production demand as needed!

 

 

 

 

Bullboard Posts