Graphite is also a component in lithium-ion batteries used in electric cars
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To partly fund the acquisition from Millennial Lithium Corp, the firm also announced a placing to raise up to $1mln
Remember, this work, which is only part-way complete, is key to whether the company uses a cheap and straightforward recovery mechanism called solvent extraction and electro-winning.
Importantly, Condor said, the current drilling has, with only one exception, achieved 100% recovery of the vein zone, including late fault breccias along the structure
The Cree East project covers 223 square miles (sq m) of highly prospective terrain in the eastern Athabasca basin, in Canada.
Significantly, 18650 battery cells are the industry standard for testing battery performance.
The junior explorer has struck a deal with a syndicate of underwriters led by Cormark Securities.
Leading junior gold mining ETF the GDXJ is expanding its investing universe in what's known as a "re-balancing", and the effects aren't all positive
The firm has acquired projects in two of Canada’s most prolific districts - the Skeena Arch and the Golden Triangle.
The plan is for a total of approximately 1,995m in 10 core holes, to be carried out in the summer and autumn.
The Vancouver based firm also revealed it had closed its private placing of $10million.
As reported last month, the inferred resource at 42 million tonnes containing 220,000 tonnes of copper and 52 million ounces of silver
Today's assays come from 16 drill holes, including infill and step-out drill holes in the 450W Zone, and 850W Zone.
The target lies 10km east of the past producing Ruttan copper-zinc massive sulphide mine
The low-cost gold producer is snapping up the 83% of Integra which it doesn’t currently own
“We remain on track to achieve our full year guidance, despite a challenging first quarter," said Westmoreland's chief executive Kevin Paprzycki
Kazakhstan's decision to curtail uranium output by 10% from its mines gave a shot in the arm to the sector
Joining as non-execs are Andres Antonius, a Mexico specialist, and Junichi Tomono from Hanwa.
A change of government in Ghana added an extra complication to negotiations over the Kubi mining lease negotiations
Production is likely to be weighted to the second half of the year. Klondex remains on track to meet our annual production guidance
Results from two drill holes got the share price moving north
Cash burn looks set to diminish substantially as major capital development activities have now mostly been completed
“Financial performance in the first quarter of 2017 was a marked improvement over performance in the fourth quarter of 2016,” noted Mandalay boss, Dr Mark Sander
The focus is to add further royalties to the portfolio.
Output totalled almost 12,800oz, up from 10,800oz, with costs US$30 per oz lower at US$659