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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

Comment by carbon16on Jan 07, 2020 10:33am
142 Views
Post# 30525724

RE:Uncertainty

RE:Uncertainty The company is drilling continuously and intercepting hide grade veins constantly on all properties, there is a 43-101 resource on M1, the government mine has been producing from the same vein since the 1870s. Checkout this link which describes the mine operation, its history and feasibility; https://stockhouse.com/news/newswire/2019/12/09/the-real-deal-sri-lanka-the-best-graphite-world#spnl120919
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