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Global Li-Ion Graphite Corp GBBGF


Primary Symbol: C.LION

Global Li-Ion Graphite Corp. is a Canada-based exploration and mineral development company. The Company's principal business is the exploration and evaluation of mineral resources. It operates three mining exploitation license located in the vicinity of Andasibe in Toasmasina Province in Madagascar totaling 4,375 hectares consisting of Lac de Gras, Neuron Graphite, and Madagascar Graphite. The Lac de Gras property is located in the Northwest Territories. The Neuron Graphite Project is located in the Thompson mining district of Northern Manitoba. The Madagascar Graphite Project comprises approximately three mining exploitation permits totaling 4,375 hectares in the vicinity of Andasibe in Toamasina Province in Madagascar. The Company has not generated any revenues.


CSE:LION - Post by User

Post by andoon Feb 04, 2021 7:19am
113 Views
Post# 32467996

Graphite mine reopening going well

Graphite mine reopening going wellLION MOVES CLOSER TO PUTTING GRAPHITE PROJECT BACK INTO PRODUCTION Production was suspended by the previous owners due to non-economic reasons. With the deposits only partially mined and now ready for larger-scale exploitation with modern production techniques. The deposits lie within the graphitic horizons of the highly prospective Manampotsy formation and are associated with topographic highs that are exploited via free digging of lateritic ore and open-pit mining, providing lower-cost exploitation without need for blasting. The graphite mineralization on the project appears within well-defined north-south belts with interbedded graphite-rich friable layers. The layers of interest have continuity of several kilometres and exhibit only shallow dip.
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