Aben could be a worldwide graphite supplier ......
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Posted On: 11/13/2021 12:04:59 AM
Aben could be a worldwide graphite supplier .....................
If the Slocan graphite deposit will be commercially economical as the local workers and Eagle Plain's geologists conferred that it will, Aben will be selling the graphites worldwide through Eagle Graphite Inc.'s processing plant. If this is James Pettit's strategy for acquiring the Slocan graphite property, he is a brilliant engineer. Then these events will follow:
- Aben will has revenue
- No further need for financing and no more share dilution
- There will be plenty of money to drill Forrest Kerr and Pringle North in Red Lake area for bonanza gold discovery
- More acquisition of properties with potential bonanza mineral deposit
Slocan graphite project, 34 Km northwest of Castlegar, British Columbia
https://www.google.ca/maps/place/Castlegar+Ca...17.6631546
https://investorshangout.com/images/MYImages/...roject.png
About Slocan Graphite Project
Graphite is a naturally occurring form of carbon and is an excellent conductor of both electricity and heat. It is becoming increasingly important as a critical strategic component in advancing alternative energy solutions including wind and solar power, hybrid vehicles and other alternative energy uses. It is also a mainstay of the steel production industry. Canada is currently ranked as the 5th largest supplier of graphite.
The Slocan Graphite Project benefits from excellent infrastructure including a high-voltage transmission line within 1.2 km of the property boundaries, an extensive network of forestry roads on and around the property, and an existing graphite processing plant and facilities located 1.5 km west of the property, owned by Eagle Graphite Corporation.
Graphite mineralization was initially discovered in logging road exposures in the late 1990’s. Ground and airborne geophysical surveys were completed in the project area in 2000 and 2010 respectively. Both surveys indicated strong conductive anomalies that correlate well with surface mineralization and are interpreted to extend along strike and down-dip of known occurrences. A limited number of documented samples have been taken across the Tedesco horizon and analysed for carbon graphite ranging from trace values to grades of up to 3.36 and 4.43 per cent.
Graphite mineralization is hosted primarily in carbonate and calc-silicate lithologies within the Passmore Dome of the Valhalla Metamorphic Complex, a geologic setting consistent with a crystalline flake graphite deposit model. Previous operators have estimated the mineralized horizon to be up to 50m thick, however cite that it is difficult to determine due to a lack of surface exposure. The horizon has never been tested by diamond drilling.
Past workers in the area concluded: “Although the graphite occurrences at Tedesco are in the early stages of exploration, geological, assay, and geophysical data indicate significant potential to form an economic deposit” (BC Assessment Report 26537). Eagle Plains geologists are of the opinion that the high-quality, large flake character of the graphite mineralization found to date, spatial extent of conductivity from a 2010 airborne electromagnetic (“EM”) survey, minimal historic exploration activity, excellent proximity to infrastructure and the favorable economic outlook for graphite as a strategic commodity make Slocan Graphite a compelling project for continued exploration and a potentially significant component of Eagle Plain’s broad and varied portfolio of exploration projects. The project is consistent with EPL’s policy of identifying and acquiring undervalued exploration projects during cyclical downturns within a particular commodity space.
https://www.eaglegraphite.com/operations/
(Extract from Financial Report Management Discussion and Analysis)
Eagle Graphite Inc. is in the business of mineral exploration and is actively engaged in the acquisition, exploration and development of graphite properties in British Columbia. The Company owns a graphite quarry and processing plant which has historically operated at a throughput rate of 20 tonnes of feed per hour, a rate roughly equivalent to an annual output of 4,000 tonnes of high carbon natural flake graphite. Substantially all of the efforts of the Company are devoted to these business activities. To date the Company has not earned significant pre-production revenue and is considered to be in the exploration stage.
In 2006, Eagle Graphite acquired the Black Crystal graphite quarry and processing plant, located 3 km south of Valhalla Wilderness Park on the eastern slope of the Monashee mountains. Since the purchase, Eagle Graphite has invested in retooling the operation. The active 100-hectare open cast quarry area is surrounded by an additional 1,312 hectares of undeveloped mineral claims. The processing plant, using locally generated hydroelectricity, incorporates a closed system recirculating filtered water supply and uses low impact purification chemicals such as pine oil. Graphitic feed is drawn from the quarry using excavation equipment and carried by dump truck to the processing plant. The feed consists of loose sandy material, requiring little or no blasting. As the only facility capable of producing flake graphite in Western Canada or the USA, and strategically located close to the US city of Spokane, Washington and the Canadian port of Vancouver, British Columbia, Eagle Graphite offers efficient and economical shipping of high grade material to destinations worldwide.
If the Slocan graphite deposit will be commercially economical as the local workers and Eagle Plain's geologists conferred that it will, Aben will be selling the graphites worldwide through Eagle Graphite Inc.'s processing plant. If this is James Pettit's strategy for acquiring the Slocan graphite property, he is a brilliant engineer. Then these events will follow:
- Aben will has revenue
- No further need for financing and no more share dilution
- There will be plenty of money to drill Forrest Kerr and Pringle North in Red Lake area for bonanza gold discovery
- More acquisition of properties with potential bonanza mineral deposit
Slocan graphite project, 34 Km northwest of Castlegar, British Columbia
https://www.google.ca/maps/place/Castlegar+Ca...17.6631546
https://investorshangout.com/images/MYImages/...roject.png
About Slocan Graphite Project
Graphite is a naturally occurring form of carbon and is an excellent conductor of both electricity and heat. It is becoming increasingly important as a critical strategic component in advancing alternative energy solutions including wind and solar power, hybrid vehicles and other alternative energy uses. It is also a mainstay of the steel production industry. Canada is currently ranked as the 5th largest supplier of graphite.
The Slocan Graphite Project benefits from excellent infrastructure including a high-voltage transmission line within 1.2 km of the property boundaries, an extensive network of forestry roads on and around the property, and an existing graphite processing plant and facilities located 1.5 km west of the property, owned by Eagle Graphite Corporation.
Graphite mineralization was initially discovered in logging road exposures in the late 1990’s. Ground and airborne geophysical surveys were completed in the project area in 2000 and 2010 respectively. Both surveys indicated strong conductive anomalies that correlate well with surface mineralization and are interpreted to extend along strike and down-dip of known occurrences. A limited number of documented samples have been taken across the Tedesco horizon and analysed for carbon graphite ranging from trace values to grades of up to 3.36 and 4.43 per cent.
Graphite mineralization is hosted primarily in carbonate and calc-silicate lithologies within the Passmore Dome of the Valhalla Metamorphic Complex, a geologic setting consistent with a crystalline flake graphite deposit model. Previous operators have estimated the mineralized horizon to be up to 50m thick, however cite that it is difficult to determine due to a lack of surface exposure. The horizon has never been tested by diamond drilling.
Past workers in the area concluded: “Although the graphite occurrences at Tedesco are in the early stages of exploration, geological, assay, and geophysical data indicate significant potential to form an economic deposit” (BC Assessment Report 26537). Eagle Plains geologists are of the opinion that the high-quality, large flake character of the graphite mineralization found to date, spatial extent of conductivity from a 2010 airborne electromagnetic (“EM”) survey, minimal historic exploration activity, excellent proximity to infrastructure and the favorable economic outlook for graphite as a strategic commodity make Slocan Graphite a compelling project for continued exploration and a potentially significant component of Eagle Plain’s broad and varied portfolio of exploration projects. The project is consistent with EPL’s policy of identifying and acquiring undervalued exploration projects during cyclical downturns within a particular commodity space.
https://www.eaglegraphite.com/operations/
(Extract from Financial Report Management Discussion and Analysis)
Eagle Graphite Inc. is in the business of mineral exploration and is actively engaged in the acquisition, exploration and development of graphite properties in British Columbia. The Company owns a graphite quarry and processing plant which has historically operated at a throughput rate of 20 tonnes of feed per hour, a rate roughly equivalent to an annual output of 4,000 tonnes of high carbon natural flake graphite. Substantially all of the efforts of the Company are devoted to these business activities. To date the Company has not earned significant pre-production revenue and is considered to be in the exploration stage.
In 2006, Eagle Graphite acquired the Black Crystal graphite quarry and processing plant, located 3 km south of Valhalla Wilderness Park on the eastern slope of the Monashee mountains. Since the purchase, Eagle Graphite has invested in retooling the operation. The active 100-hectare open cast quarry area is surrounded by an additional 1,312 hectares of undeveloped mineral claims. The processing plant, using locally generated hydroelectricity, incorporates a closed system recirculating filtered water supply and uses low impact purification chemicals such as pine oil. Graphitic feed is drawn from the quarry using excavation equipment and carried by dump truck to the processing plant. The feed consists of loose sandy material, requiring little or no blasting. As the only facility capable of producing flake graphite in Western Canada or the USA, and strategically located close to the US city of Spokane, Washington and the Canadian port of Vancouver, British Columbia, Eagle Graphite offers efficient and economical shipping of high grade material to destinations worldwide.
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