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A U G U S T / S E P T E M B E R 2 0 1 4
Guinea, West Africa. On July 8, 2014, Sama
Resources announced that metallurgical
tests returned high quality graphite con-
centrate with up to 96% graphite recovery.
Sama has launched a 4,000-metre drill
and on June 06, 2014, Sama announced
high-grade graphite intercepts highlights
include: LL45-127462: 22.85m at 10.44%
Cg, LL45-125470: 19.50m at 11.83% Cg,
LL47-592442: 18.00m at 13.17% Cg.
St. Jean Carbon Inc. [SJL-TSXV] is
developing lump/vein graphite deposits in
Sri Lanka and Québec. On April 24, 2014,
the company announced the filing of a NI
43-101 technical report on their 100%-
owned, Québec, Walker Lump Project, host
to the historic graphite producing Walker
Mine. The report recommends an explo-
ration program including a geophysical
survey a drilling program of 150 metres to
verify the best targets revealed by the geo-
physical survey and the trenching program.
Standard Graphite Corp. [SGH-TSXV]
controls a 100% interest in 12 prospective
graphite properties within known graphite
districts in Québec and Ontario. Standard
Graphite is developing the historic
Mousseau East graphite deposit in south-
eastern Québec. On April 3, 2013, Standard
announced positive drill results extending
the Oat Zone and increasing the size poten-
tial of Mousseau East graphite project.
Xmet Inc. [XME-TSXV] is explor-
ing the Blackflake graphite project, in
Ontario with Metals Creek Resources.
The Blackflake Project shares similar geo-
logical and structural features to Zenyatta's
nearby Albany hydrothermal graphite
discovery. Work will start when ground
conditions permit.
Zenyatta Ventures Inc. [ZEN-TSXV]
describes its Albany graphite deposit
located in the Porcupine Mining District,
Northern Ontario, as the largest and only
"high purity (hydrothermal) graphite
deposit being developed in the world."
Indicated resources are 25.1 Mt of 3.89% Cg
for 977,000 t Cg and inferred resources are
20.1 mt of 2.20 Cg for 441,000 t Cg. Zenyatta
has engaged Roscoe Postle Associates Inc.
to conduct a PEA on the project and is
awaiting metallurgy and processing data to
finalize the PEA.
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