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     360  0 Kommentare Alabama Graphite Announces Preliminary Metallurgical Results Showing Large Flakes in Newly Discovered Areas from its Coosa and Bama Projects in Alabama, USA - Seite 2

    Additionally, Alabama Graphite continues to work on a Preliminary Economic Assessment ("PEA") for the Coosa Project. Metal Mining Consultants (MMC) of Littleton, Colorado, has been selected to conduct the initial capital and operating expense projections. The PEA will utilize both these CapEx and OpEx estimates as well as an updated resource estimate to incorporate the results from the planned drilling.

    Rick Keevil, P. Geo., a Director of the Company and VP of Project Development, is a Qualified Person as defined by National Instrument 43-101, has approved the disclosure of the scientific or technical information concerning the Coosa and Bama Projects and contained in this press release.

    About Alabama Graphite

    Alabama Graphite Corp.'s mission is to become one of the greenest graphite producers in the world. The Company, through its wholly-owned subsidiary, Alabama Graphite Company Inc., is conducting exploration and development both at its flagship Coosa Graphite Project in Coosa County, Alabama, USA and the recently acquired Bama Mine Project in Chilton County, Alabama, USA. Alabama Graphite holds a 100% interest in the mining leases in respect of these two advanced-stage projects, both of which are on private land. The two projects encompass over 43,000 acres and are located in an area with significant historical production of crystalline flake graphite. The Company has the largest NI 43-101 indicated flake graphite resource in the United States based on drilling 0.18 square miles (0.3% of the total acreage). The Alabama deposits are unique in that a significant portion of the graphite-bearing material is oxidized and has been broken down into an extremely soft rock. Both projects have in place critical infrastructure, are within close proximity to transportation routes and enjoy a hospitable climate allowing for year-round production and delivery. For further information and updates on the Company, please visit www.alabamagraphite.com.

    ALABAMA GRAPHITE CORP.

    Ron S. Roda, President & Chief Executive Officer

    Disclaimer for Forward-Looking Information

    This press release contains forward-looking information under applicable Canadian securities laws ("forward-looking statements") that are based on the beliefs of management and reflect Alabama Graphite Corp.'s current expectations. When used in this press release, the words "estimate", "project", "belief", "anticipate", "intend", "expect", "plan", "predict", "may" or "should" and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements. Such statements reflect the current view of Alabama Graphite Corp. with respect to risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements.

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    Verfasst von Marketwired
    Alabama Graphite Announces Preliminary Metallurgical Results Showing Large Flakes in Newly Discovered Areas from its Coosa and Bama Projects in Alabama, USA - Seite 2 VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 26, 2015) - Alabama Graphite Corp. ("Alabama Graphite" or the "Company") (TSX VENTURE:ALP)(OTCQX:ABGPF)(FRANKFURT:1AG) (WKN:A1J35M) (ISIN:CA0102931080) is pleased to announce preliminary metallurgical …