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Ceylon Graphite Corp V.CYL

Alternate Symbol(s):  CYLYF

Ceylon Graphite Corp is a graphite mining company. It is engaged in the exploration and production of high grade graphite. The company owns the K1 production site and several other sites advancing towards production including M1, N1 and H1


TSXV:CYL - Post by User

Post by carbon16on Dec 16, 2019 8:02am
181 Views
Post# 30458324

“We are finally in commercial production mode..." Bharat,CEO

“We are finally in commercial production mode..." Bharat,CEO“We are finally in commercial production mode and look forward to selling our first container of Sri Lankan vein graphite- today we have brought 2 tons of raw graphite to the surface,” said Bharat Parashar, Chief Executive Officer.  

https://crweworld.com/article/news-provided-by-globenewswire/1350249/ceylon-graphite-sarcon-developments-k1-project-announces-commencement-of-commercial-production

“These 3 years have been a learning process and  whilst this is just the first step to creating a globally recognized  graphite mining company, we are now much better prepared to develop our next sites and at a faster pace. I would also like to place on record our thanks to the GSMB for all its support”.

"The Company also announces that Sarcon’s drilling and exploration program will increase in its momentum as the Company looks to increase its footprint to at at least 5 mine sites over 2020."
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