VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 10, 2014) -Canada Carbon Inc. (the "Company") (TSX VENTURE:CCB) is pleased to announce that it has received permission to collect and ship up to 480 tonnes of graphite-bearing material from its Miller Mine graphite property in Quebec. According to the authorisation delivered by the Ministry of Natural Resources of Quebec, up to 480 tonnes of material may be extracted for mineralogical testing as well as for distribution to potential purchasers. The sample must be collected between March 15th and September 15th, 2014, and the results of the treatment must be reported to the Ministry by September 15th, 2015. The bulk sample was requested to test the historically mined trench area of the property, along with multiple veins of graphite mineralization found over the area during field exploration by the Company. Stockpiles of graphitic material from historical production have been found in various areas around the former mine and can also be sent out for the purpose of bulk sampling. The removal of surface material in the trench will also help the Company to understand the distribution of graphite pods and veins along the mineralized corridor it has discovered.
Executive Chairman and CEO Mr. R. Bruce Duncan stated, "We are very pleased that the Quebec Ministry of Natural Resources has granted authorization for us to move forward with pilot plant scale testing of this uniquely high-purity graphite deposit. We are excited to be able to generate additional data in support of graphite mining at the Miller Mine, and look forward to reporting the results to our shareholders and to the Ministry." Mr. Duncan further stated, "With this bulk sample permit, and surface exposure of the veins, we can remove the graphitic material using simple excavating equipment. Once our graphitic material is custom milled it can be sold, with any excess returns over cost being applied to fund further exploration and resource definition activities."
The Company is currently in discussions with industry-leading graphite processors with respect to toll milling of the bulk sample material and anticipates having 150-250 tonnes of high-purity graphite concentrate available to ship in the second quarter of 2014.