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Graphite One Inc V.GPH

Alternate Symbol(s):  GPHOF

Graphite One Inc. is a Canada-based company, which is focused on developing its Graphite One Project. The Graphite One Project is envisioned as a vertically integrated enterprise to mine, process, and manufacture anode materials for the electric vehicle lithium-ion battery market. The Company’s Graphite Creek Property is situated on the Seward Peninsula about 60 kilometers north of Nome, Alaska. Natural and artificial graphite anode active materials and other value-added graphite products would be manufactured from the concentrate and other materials at the Company's proposed advanced graphite materials manufacturing facility located in northeastern Ohio. The Graphite Creek Property consists of 135 State of Alaska mining claims (State Claims) and 41 state selected claims (SS Claims). Graphite One (Alaska) Inc., a wholly owned subsidiary of the Company, holds the property and is developing the Project in Alaska.


TSXV:GPH - Post by User

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Post by cason122on Apr 13, 2012 6:50pm
478 Views
Post# 19792849

Vast size potential

Vast size potential

Graphite Creek could dwarf any project I could find in North America :

Vast size potential Though the Graphite Creek project has yet to be drilled, the 5-kilometer-long surface expression of the of graphite-bearing rocks hints at the vast size potential of the deposit. At an average of 3 to 10 percent graphite, the currently estimated 200 million metric tons of ore observed along the Kigluaik Mountains could hold somewhere between 6 to 20 million metric tons of crystalline-flake graphite, according to a technical report written for Graphite One Resources (then Cedar Mountain) in November. Travis Hudson, author of the report, is not new to the deposit. He has explored the potential of the deposit in the past, including a 1981 investigation for Anaconda Minerals Co. Hudson said the Graphite Creek project, also known as the Kigluaik deposits, consists of two distinctive graphite-bearing schist intervals – biotite quartz schist and garnet biotite quartz schist. The garnet biotite quartz schist hosts the highest concentrations of the prized crystalline flake graphite and is considered the high-priority target of Graphite One Resources’ investigation of the project. “It’s about five kilometers in length, the average width we see is about 100 meters and the dip-length that we can see at surface we expect to be between 100 and 200 meters,” Chebry told Mining News during a March 16 interview. Overall, this 100-meter-layer is believed to average at least 8 percent graphite with high-grade lenses that average 55-60 percent graphite. “The field and laboratory data now available enable the resource potential of the Kigluaik graphite deposits to be further clarified,” Hudson concluded in his report.

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