Graphite Property Acquistion - 500 Beiträge pro Seite

[Johnstocks]

GRAPHITE PROPERTY ACQUIRED

April 24, 2012

DELTA, BC, Canada – Logan Copper Inc. (the “Company”, “Logan Copper”, “LC”), (TSX.V: LC) is pleased to announce the acquisition of a 3,266 acre graphite property located near the town of Mayo, Quebec, Canada.

LC’s property, called the “Mayo Graphite Property”, is located some 35 kilometres northeast of Ottawa, Ontario and 130 kilometres west of Montreal, Quebec, with excellent infrastructure. The property is 100% owned by Logan Copper Inc. with no net smelter royalty attached.

Summary: Mayo Graphite Project

- Over 3,266 acres of land ( 13 sq km)
- Known graphite occurrences in area
- A historical Aeromagnetic survey completed over the entire property
- Near major roads and good infrastructure

The Mayo Graphite Property is located 80 kilometres south of the producing Stratmin Graphite Mine. This mine has been producing natural flake graphite since 1988.

The past producing Bell Graphite mine is located 4 kilometres south of LC’s property. Historical records show this mine produced 6,700 tonnes of Graphite from 1906-1912.

Logan Copper is currently compiling all the historical geological data to prepare for an upcoming exploration program (s) on the Mayo Graphite property. Further announcements will be made once the geological / exploration team completes the review of the historical data.

About Graphite

Natural Graphite is an excellent conductor of heat and electricity. Graphite also has the highest natural strength and stiffness of any material. There are myriad of uses such as in brake linings, steelmaking, batteries, lubricants, and reinforcement of plastics.

The commodity price of natural flake Graphite has steadily increased to over $1,170 per tonne from $694 per tonne in 2009. Industrial demand for graphite is growing at approximately 5 per cent annually.

Of the 1.1 million tonnes of worldwide graphite production, 800,000 tons (73%) comes from China. The government of China has imposed an export duty of 20% plus an additional 17% value added tax on exports of graphite to ensure that they have sufficient supplies for domestic use. Demand for graphite continues to grow rapidly through increased use in ion batteries, carbon fibre reinforced plastics, and carbon alloyed metals. Furthermore, additional demand is expected from use in fuel cells and the construction of pebble bed nuclear reactors.




Some examples of uses of graphite are:

1. An average fuel cell vehicle will use 80 kilograms of graphite.
2. An electric car will require 25-50 Kilograms of graphite,
3. Pebble Bed Nuclear Reactors require “3,000 tonnes of graphite at start-up and 600 to 1,000 tonnes per year”.

China has one operating prototype of a Pebble Bed Nuclear Reactor and has firm plans to build 30 more by 2020. Researchers at West Virginia University estimate that “500 new 100 GW pebble reactors will be installed in the US by 2020 with an estimated graphite requirement of 400,000 tonnes” (annually).

About Logan Copper Inc.

Logan Copper Inc. is a Canadian mineral exploration company listed on the TSX-Venture Exchange under the symbol LC. Our primary project area, the Logan Lake project, includes the “Dansey”, “Bertha Molly (Lost Mine)”, “Duffy” and “TW” copper properties, which comprise a contiguous 100% owned parcel totalling over 138,400 acres located between Kamloops and Merritt in British Columbia. Our newly acquired Mayo graphite property in Quebec comprises a contiguous 100% owned parcel totalling over 3,266 acres located near Mayo, Quebec. For more information, please visit www.logancopper.com or call 1-866-940-9110.

Note on forward looking statements

This press release contains “forward-looking statements which involve, and are subject to, known and unknown risks, delays, and uncertainties not under the Company’s control. These known and unknown risks, delays and uncertainties may cause actual results, performance or achievements of the Company to be materially different from the results, performance or expectation implied by these forward looking statements.


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release, which has been prepared by management of the Company.

[Johnstocks]

fyi, NEWS #2 Graphite Property Acquired

http://tmx.quotemedia.com/article.php?newsid=51114487&qm_sym…

[Johnstocks]

LOGAN COPPER ACQUIRES FORMER HIGH GRADE NORANDA GRAPHITE PROPERTY

Up to 85 % Graphite drilled

May 14, 2012

DELTA, BC, Canada – Logan Copper Inc. (the “Company”, “Logan Copper”, “LC”), (TSX.V: LC) is pleased to announce the acquisition of a third Graphite property in Quebec.

This new property, the Carheil Graphite Property (Carheil) was acquired through Quebec’s Gestim system. Carheil encompasses approximately 5,400, 100% owned, contiguous acres with no NSR or work commitment attached.

The Carheil property is located approximately 280 km NNW of Val-d’Or, QC and is approximately 120 km N of La Sarre, QC. Aurizon Mines Ltd.’s producing Casa-Berardi Gold Mine is located approximately 19 km south of LC’s Carheil property. There is an existing road crossing the property which leads to the BHP Billiton Ltd.’s past-producing Selbaie Zinc Mine which is located approximately 20 km east of LC’s Carheil property.

Mr. Thal S. Poonian, President and CEO of Logan Copper commented “LC believes that the Carheil property has the potential to become its flagship graphite property. We look forward to verifying the historical results and defining the project potential”.

A percentage (6.67% or 360 acres) of the 5,400 acre Carheil property was formerly explored by Noranda Exploration Co. Ltd. (Noranda). In August 1975 Noranda completed a geophysical survey covering approximately 300 acres of the Carheil graphite property.

http://tmx.quotemedia.com/article.php?newsid=51245910&qm_sym…