The Graphite Creek Property comprises 129 claims totaling 6,799 hectares on the Seward Peninsula of Alaska, 65 kilometers north of Nome. Mineralization at the Graphite Creek property is characterized by coarse crystalline (large-flake) graphite (greater than 80 mesh) within graphite-bearing schist(s). Graphite mineralization is exposed at surface. The large-flake graphite occurs as disseminations and high-grade segregations and lenses in distinctive garnet-bearing quartz biotite schist(s) and biotite schist(s). The host schist(s) is continuous over 18 kilometers of strike length, based on mapping and geophysics.
Mine features - -
1. NI 43-101 Compliant Inferred Resource of 107.2 Mt at 5.78 Cg for 6.2 Mt (metric) of In-Situ Graphite, with a cut-off grade of 3% Cg
2. Potential for a multi-million tonne target of 235 – 492 Mt with grade between 4.2% and 7.9% Cg
3. Large-flake, high-purity graphite exposed at surface
4. Exploration team with successful track record of increasing shareholder value
Optimal geological environment conducive to an open-pit mining configuration
5. Proven technical expertise with strong management.
Specific to the 2012 drill results received to date as well as mapping, prospecting and geophysical surveying have further confirmed graphite mineralization at surface. The mineralization where drilling occurred during 2012, covers an area of at least 5.5 square kilometers (which only represents 12% of the total strike length). The width and depth of mineralization that has been confirmed by drilling are in excess of 250 meters. Therefore, there could be a potential deposit size of 235 to 492 million tonnes at average grades between 4.2 and 7.9% graphite (Cg).
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Managed & Built by I2M Consulting, LLC | © 2010-
Managed & Built by I2M Consulting, LLC | © 2010-