Standard Graphite Corp. (TSXV:SGH) reported that the results from the electromagnetic airborne geophysical survey on its River property in Québec confirmed that the graphite occurrence present at surface is associated with a conductive horizon extending for several kilometres.
As quoted in the press release:
The results from the survey outline a well-defined conductor in association with metasedimentary rocks. The existing surface occurrence being coincident with the conductor confirms the graphitic nature of the EM response.
Standard Graphite President and CEO Chris Bogart said:
“This equates to 3 out of 3 for our properties located in Eastern Quebec having excellent EM results that require additional exploration programs. The targets are now being picked for the ground follow-up. We are pleased with the progression of the Phase I field program on our Ontario properties and we are currently gearing up for the start of the Phase I field program for the Quebec properties.”