お知らせ • Feb 08
Graphite One Inc. Announces Drill Results from Its 2022 Field Program At Graphite Creek Property
Graphite One Inc. announced drill results from its 2022 Field Program at its Graphite Creek Property (Graphite Creek or the Property), located in the Kigluaik Mountains on the Seward Peninsula approximately 60 kilometers (37 miles) north of Nome, Alaska. Graphite Creek is living up to its designation by the US Geological Survey as the largest and highest grade graphite resource in the United States. Conducted from June to September 2022, the field program was comprised of increasing the field camp capacity, completing key environmental baseline studies, and drilling 1,940 meters of core for resource definition as well as 210 meters of geotechnical drilling for mill site and tailing area determination. The 2022 drill results will be used to update the most recent Measured, Indicated and Inferred results published in the Graphite One Project Preliminary Feasibility Study released October 13, 2022 (the PFS). The Company expects to release updated Measures, Indicated, and Inferred results by the end of the first quarter 2023. Select Drill Results Include: 22GC071 returned 18.5m of 4.7% Cg, 22.2m of 6.8% and 20m of 6.7% Cg starting from 19m downhole. 22GC072 returned 31.7m of 5.6% Cg, and 37.6m of 5.2% Cg starting from 62m downhole. 22GC073 returned 3.8m of 7.6% Cg, 27.6m of 5.1%, 26.4m of 6.2%Cg and 17.3m of 4.3% Cg starting from 13m downhole. 22GC075 returned 10.5m of 7.7% Cg, 32.9m of 6.4% Cg and 2.1m of 12.0% Cg starting from 3m downhole. 22GC076 returned 53.1m of 7.5% including 12.3m of 11.5% Cg including 2.8m of 25.6% Cg starting from 72m downhole. 22GC079 located 2 km west of previous closest drilling returned 31.8m of 3.4% Cg, including 6.3m of 6.7% Cg, 21.5m of 2.6% Cg, 10.7m of 2.6%Cg, and 13m of 5.4%Cg starting 5m below the surface. Interpretation of Results: Core drilling in the deposit area continued to encounter visible graphite minerization over wide intervals, consistent with previous drilling. Hole 22GC079, drilled 2 km west of previous resource drilling and 4 km west of the PFS pit boundary, showed significant intervals above mill cut-off grade. Selected intervals totaled 58.2 m of 4.18% graphite. The deposit remains open to the West, East, and down dip. 2022 drilling targeted extending inferred resource to the west and upgrading inferred resources to measured and indicated around the PFS pit area. All holes drilled in the proposed North pit wall encountered significant zones of graphite which will likely expand the pit to the North. Feasibility Study Update: With the positive results of the PFS, Graphite One has begun work on the Graphite Project Feasibility Study (the "FS"). The lack of United States' domestic anode material suppliers combined with the projected increase in demand for electric vehicle anode materials has prompted Graphite One to investigate increasing the designed production capacity to be used in the FS. Graphite One plans to complete a total of 20,000 meters of drilling in 2023 and 2024, subject to financing, with the objective of increasing the annual concentrate production for the upcoming FS compared to that assumed in the PFS. Graphite One maintains a rigorous QA/QC program with respect to the preparation, shipping, analysis and checking of all samples and data from the Property. Quality control for drill programs at the Company's projects covers the complete chain of custody of samples, including verification of drill hole locations (collar surveys and down-hole directional surveys), core handling procedures (logging, sampling, sample shipping) and analytical-related work, including duplicate sampling, "check analyses" at other laboratories and the insertion of standard and blank materials. The QA/QC program also includes data verification procedures.