Graphite Energy announces it has commenced Phase I of its exploration program at its Lac Aux Bouleaux Graphite Property.
Phase I of the exploration program is being conducted in two stages, the first stage of which comprises compilation and interpretation of all historical geological, geophysical and exploratory drilling data available on the LAB Property.
The second stage includes, but is not limited to, prospecting, trenching and channel sampling, trench logging, limited geological mapping of the area of historical exploration work, and sample assays.
The field crew was mobilized to the LAB Property on November 1, 2017, and began ground checking of historical drill hole and graphite pits locations, geophysical survey work, and other geological activities. The Company may consider additional Phase I work which will be based on the results of the current field investigations.
Graphite Energy Corp. is a Canadian-based issuer listed on the Canadian Securities Exchange. It is currently engaged in the business of exploration of mineral properties in Canada and holds a right to acquire a 100% interest, subject to certain royalties, in and to the Lac Aux Bouleaux Graphite Property located near the town of Mont-Laurier in Southern Quebec.