ASX-listed Ardiden Ltd
has begun a diamond drilling programme at its Manitouwadge
graphite project in Ontario, Canada, designed to test recently
identified outcropping graphite and electromagnetic conductors
over a strike distance of 19km.
The drilling follows a geophysical review
which expanded the site’s claim package to 5,300
hectares (53km2) and the strike length of
electromagnetic anomalies with graphite prospectively to
The company said that the focus of the
drilling would be to confirm the continuity of graphite at
depth, complete an assaying analysis and obtain samples for
inspection by potential customers.
Black Rock Mining Ltd,
also ASX-listed, has begun metallurgical testwork on core and
rock samples from the Epanko north and Ulanzi areas of its
Mahenge project and also from its Bagamoyo project, both in
A total of 800 kg is being tested for
process flowsheet design and graphite concentrate marketing
purposes. The work is intended to indicate concentrate purities
from conventional flotation.
The company also reported that new
drilling assays at Ulanzi had returned 73 metres at 10.25% TGC,
including 20 metres at 14.58% total graphitic carbon (TGC); and
72 metres at 9.43% TGC, including 18 metres at 13.18% TGC.
Black Rock’s exploration
target for the Mahenge property as a whole is between 84m
tonnes and 115m tonnes at 8.66% to 10.34% TGC.
ASX-listed Triton Minerals
Ltd is hoping to raise Australian dollar (A$) 11.3m
($7.97*) via an entitlement issue, as part of its drive
to become a vertically integrated graphite producer within
GMP Securities Australia
is to underwrite A$4m of the total sum, which will be used to
define resources at the Ancuabe project and at the P66 zone of
Triton’s Nicanda Hill property, to expand a
definitive feasibility study (DFS) to take account of the newly
defined resources and to fund the construction of a joint
venture (JV) manufacturing facility in China with its partner
Yichang Xincheng Graphite Co. Ltd.
MRL Corp. Ltd, also
ASX-listed, has secured a new 7,600 hectare (76km2)
exploration licence covering in Sri Lankan in the Warakapola
region, where its Pandeniya project is situated.
The licence adds to the 6,300 hectares
(63km2) of Sri Lankan exploration licences currently
held by company. It will last for two years with a further five
renewals of two years each available.
MRL intends to start high-grade graphite
production in the March quarter of 2016.
In Canada, TSX-V-listed Ashburton
Ventures Inc. announced that it will proceed with an
option agreement with Cavan Ventures Inc. to
take a 60% interest in the latter’s Buckingham
graphite project, following receipt of stock exchange
The site consists of 28 claims over 1,683
hectares (17km2) outside the township of Buckingham,
Quebec, Canada. Previous exploration activity in the southern
part of the site yielded assay results up to 21.6% TGC over
14.5 metres and purity results up to 96.1% C from large flake
Ashburton plans to begin a 2,000 metre
drilling programme in the coming weeks.
Separately, the company plans two
non-brokered private placements for total proceeds of Canadian
dollar (C$) 250,000 ($189,000*), most of which is to be put
towards funding the work at Buckingham.
Energiser Resources Inc.,
also listed on the TSX-V, said that third party testing
confirmed that flake concentrates from its Molo deposit in
southern Madagascar either met or exceeded quality requirements
for all major end-markets for natural flake graphite.
These include refractories, anode material
for lithium-ion (Li-ion) batteries and specialty graphite
foils, and ink applications.
Graphite One Resources
Inc., another TSX-V-listed graphite explorer,
developing the Graphite Creek project in Alaska, US, said it
would issue shares to settle outstanding debts of C$66,000.
The company plans to issue around 733,000
common shares at C$0.09/share, subject to TSX-V approval.
In China, Tianjin Geological
Exploration Bureau announced the discovery of a new
graphite mine in the viallage of Kuishan, Lincou, Heilongjiang
province. Preliminary estimates indicate the site has a mineral
resource of more than 1m tonnes.
Drilling has reached 2,500 metres and
indicates that the main ore body is 600 metres from east to
west, with a width of 300 metres north to south at its widest
point and a thickness of 200 metres from surface level.
Another mine was discovered in
Liangmiaoping, Nanjiang County, in the province of Sichuan,
according to the Bazhong Municipal Government,
with an estimated mineral resource exceeding 10m tonnes.
Nanjiang is home to two other graphite mines –
Yangbajian Mountain and Pinghe.
The Bazhong government aims to make
graphite a leading local industry over the coming years,
establishing a graphite industrial park by 2020 and building an
electric vehicle battery production facility and R&D base
within 10 years.
Chongqing Sanxia Paint
Co., listed in Sichuan, said it would purchase a 10%
stake in Nanjiang Sitong Mining Co., which
owns the exploration rights to the Jianshan graphite mine in
Sanxia Paint also stated it would enter
into a cooperation aggreement on graphite material with
Sitong’s parent company, Tianhui Changyu
In graphene news, Saint Jean
Carbon Inc., also TSX-V-listed, filed two primary
graphene patents. The first is to a process the production of
graphene with a high degree of stability, in large volume and
without harsh chemicals.
The second is for the production of
spherically-shaped graphite to be used in lithium-ion
batteries. The company said that the spherical shape offers the
best volume to area ratio and the maximum materials density,
ultimately allowing for a better battery discharge and recharge
The company intends to file five more
primary patents numerous secondary.
Lomiko Technologies Inc.,
a subsidiary of TSX-V-listed Lomiko Metals
Inc., has secured a C$110,000 loan from Graphene ESD
The companies have been working in
collaboration with the Research Foundation of Stony
Brook University, New York, US to investigate new,
energy-focused applications for graphene.
Lomico said that the loan would be used to
market a number of electronic devices and for general working
*Conversions made November