Based in Vancouver, British Columbia, Standard Graphite Corp (TSXV: SGH,OTCQX:DARDF) is focused exclusively on the exploration and development of a large portfolio of flake graphite properties in Canada. In this limited mineral sector, Standard Graphite Corp has rapidly positioned itself as North America’s premier pure-play graphite exploration company.
With 100 percent interest in twelve highly prospective graphite properties located within known graphite districts in both Quebec and Ontario, Standard Graphite Corp has instigated an aggressive 2012 exploration strategy. The 2012 exploration program is currently being implemented by a geologic team with a proven record of previously successful world-class graphite exploration and discovery.
- Twelve projects within three highly prospective districts in Quebec & Ontario amenable to large flake, high purity graphite deposits
- Large portfolio of projects reinforces the Company’s confident ability to deliver
- Extensive management experience in all areas of exploration, development, production, and resource finance
- Standard’s VP of Business Development has over twenty years’ experience in Graphite sales, marketing and operations
- Aggressive Exploration Strategy for 2012
Key Graphite Properties
Standard Graphite has completed the airborne EM survey in Quebec, which completes the entire 2012 EM program of 3310 line kilometres. The ability of EM to locate conductors on Little-Bryan, Black Donald, and Carheil properties has been highly effective and the company feels the results are better than anticipated. The company is currently anticipating the results for the remaining six properties: Sandy Lake, River, Preston, 31 Mile, Notre Dame, and Kiamika.
Little-Bryan, Ontario Graphite Property
The Little-Bryan project, located in Ontario consists of 3,250 hectares with Standard Graphite Corp holding 100 percent interest. Previously explored by Harrington Sound Resources in 1989, the project has an excellent existing infrastructure.
The first ground program will begin on Little-Bryan and will follow up on the several kilometres of potential graphite mineralization from known graphitic trenches, and a second near surface conductive trend lying approximately one kilometre to the north. The initial program will consist of prospecting, geological mapping, and sampling along the conductors to prioritize the optimum areas for trenching and a follow up phase one drill program.
Hosted in pyritic gneisses, the known graphite mineralization extends over 1.3 km in a general east-west direction. Historic grab samples ranged from a reported 0.63% Cg to 34.06%Cg- Average grade 10.94% Cg. Systematic channel sampling in trenches also yielded the historic reported results featured on the company’s website.
Black Donald, Ontario Graphite Property
The Black Donald Graphite property located in Ontario strategically surrounds the past producing Black Donald mine, which was one of the largest and richest graphite deposits in North America. Black Donald had reported historic ore grades of up to 80% Cg. During the last ten years of mine life, the average reported grade was 25-30% Cg. Approximately 94 percent of the total value of Ontario graphite production previously came from the Black Donald Mine.
The 9000 hectare property with its excellent infrastructure covers a substantial area favorable of marble +/- gneiss geology. Historic Drilling featured on the company’s website show encouraging intercepts.
Carheil Project, Quebec Graphite Property
The Carheil property, located in northeastern Quebec was acquired in the fall of 2011, as part of a series of claim blocks designated around Fermont, Quebec. The property displays the same geology as the nearby Lac Knife deposit, which is approximately ten km from the Carheil location. Previous exploration in the area revealed numerous massive graphite boulders. The property was recently extended following the results from the current survey; it is now comprised of twenty-five designated claims covering some 3885 hectares.
The airborne survey covered the entire claim block and consisted of 300 line kilometres measuring the magnetic and electromagnetic responses of the underlying rocks. The interpretation of this data suggests four distinct conductors cutting across the entire length of the property for strike lengths of up to six km. The survey clearly outlined a one km section that forms the direct extension of the Lac Carheil occurrence located some 500 metres to the southeast of our current claims.
Mousseau East Deposit Project
In late April, Standard Graphite Corp signed a Definitive Agreement for the acquisition of the Mousseau East Deposit located 40 kilometres northeast of the town of Mont-Laurier in northwestern Québec. The new property is located within 50 kilometres of Timcal Canada Inc.’s producing Lac-des-Iles Graphite Mine and currently the larger of the two producing mines in North America.
The Mousseau East Deposit was discovered in 1983 following the emplacement of a new road in the area north of Ste-Véronique, Québec. Systematic exploration was carried out by Graphicor between 1989 and 1993 with property-scale electromagnetic geophysical surveys along cut grids, and exploration and definition drilling leading to resource estimates. The Max-Min II survey which was conducted on lines spaced 100 metres apart, identified a main conductor trending NW-SE and continuous for a strike length of 1.2 kilometres displaying maximum widths of up to 50 metres. Drilling completed between 1989 and 1992 consisted of three successive campaigns and some 62 diamond drill holes, totaling 4996 metres, allowing for a resource calculation to be conducted. The possibility of initiating a mining operation was evaluated using only a 40-metre-deep open-pit on the main resource of the Mousseau East Deposit.
The preliminary evaluation of the mining potential was based on resource estimates calculated internally in 1992 by Graphicor Resources. With this new acquisition, Standard Graphite is in a position to build a NI 43-101 resource by upgrading the historical non-compliant resource and with strategic exploration of the deposit. The historical non-NI 43-101 compliant estimates quoted are presented on the company’s website.
Standard Graphite Corp has a strong portfolio of 12 projects which offers the investor opportunity for optimum returns. Three major graphite districts in Quebec with notable deposits such as Lac des Iles and Lac Knife, and nine properties located within the metasedimentary belts of the Grenville with known marble/gneiss lithologies considered essential to host and produce sufficiently high grade graphite deposits and larger graphite flakes. The Company’s management team has extensive experience in the marketing and sales of graphite as an industrial metal and Standard’s chief geologist specializes specifically in the exploration of Graphite.
The Company is currently carrying out an aggressive 2012 exploration program. Standard aims to rapidly develop its flagship Mousseau East property by up to 8,000 metres.
Chris Bogart – President, CEO, and Director
Chris Bogart brings extensive experience to Standard Graphite Corp in the areas of resource finance, business development, strategic planning and corporate restructuring. Within the Strategic Metals Sector, Mr. Bogart was a Co-founder of Magnum Uranium a TSX.V company which was purchased by Listed Energy Fuels (TSX:EFR).
Antoine Fournier, M.Sc. – Chief Geologist
Antoine Fournier has twenty years of experience focused on the exploration of precious and high-tech metals and minerals. Mr. Fournier has previously been involved in several significant discoveries during his career, namely the Lac Knife graphite deposit , Quebec.
Michael Philpot, MBA – Director
Michael Philpot has twenty-eight years in the mining industry & currently as the VP / Co-founder of Coro Mining Corp and held various executive positions with First Quantum Minerals Ltd., including VP of Administration.
Alan Hitchborn, P Geo. – Director
With thirty-two years of experience in exploration, development, and production, Mr. Hitchborn was also the chief-geologist at Placer Dome’s Bald Mountain Mine, was also responsible for the discovery and development of 2,000,000 gold equivalent ounces at the Monterde gold-silver deposit.
Terese J. Gieselman – Chief Financial Officer
Terese Gieselman has twenty-two years of experience in the resource industry with the TSX, TSX.V, NASDAQ and AMEX, as Chief Financial Officer, treasurer and corporate secretary.