Terra Firma Resources Inc. (TSXV:TFR) signed an agreement which allows it 100%-interest in the Lac des Iles East Graphite Property, Quebec.

As quoted in the press release:

The Lac des Iles East Graphite Property (the “Property”) consists of 71 claim blocks totalling 3980 Ha and borders the eastern boundary of the Timcal Lac des Iles property; only 1 kilometer east of TIMCAL’s producing Lac des Iles Mine. TIMCAL’s Lac des Iles Mine average grade is 7.5% Cg (Carbon Graphite) and is one of the only two Graphite producers in the country and has been in production for over 20 years.

Click here to read the Terra Firma Resources Inc. (TSXV:TFR) press release.