Graphite One Resources(TSX-V:GPH) is a mineral exploration company focused on graphite with a clear and distinct business strategy to identify, acquire, and explore high potential projects ready for rapid advancement. The Graphite Creek Property located on the Seward Peninsula of Alaska fits the Graphite One business strategy, offering significant potential for the discovery and development of a large-flake, high-grade graphite mineralization exposed at surface.
Shares of Graphite One Resources (CVE:GPH) (GPHOF:OTCQX) rose over three per cent Monday, after the company announced that it filed its technical report for its maiden inferred resource at the Graphite Creek property in Alaska and said it believes the deposit to be the largest of its kind in the world.
20/11/13Graphite One climbs on drill results from Alaskan property
21/01/13Graphite One says Graphite Creek in Alaska could be largest flake deposit in the world
02/10/12Graphite One Resources hits 177 metres of 3% graphite at Alaska property
07/05/12Graphite development takes off in Canada, Focus Metals and other juniors present goods
Recent Sector News
Canadian shares declined a third day after results from the country's major lenders and as U.S. data showing faster-than-forecast economic expansion raised bets the Federal Reserve will scale back stimulus spending sooner than estimated. The resource-heavy benchmark Standard & Poor’s/TSX Composite Index (TSE:OSPTX) dropped 0.5 percent to 13,245.23 at 12:24 p.m. in Toronto.
Canada Fluorspar opens up "new avenue" for development at St. Lawrence with resource finished, further drilling on the horizon
Canada Fluorspar (CVE:CFI) (OTC:CNDFF) has unveiled new mineral resources from two deposits at its St. Lawrence property in Newfoundland, with the company saying further infill drilling is in order to increase the estimate at its AGS vein.
Treasury Metals (TSE:TML) shares rose in early deals Wednesday after the company said it is raising up to $2.5 million in a flow through financing for its Goliath gold project in northwestern Ontario.
Largo Resources (CVE:LGO) is raising $17 million through a non-brokered private placement financing, with the company saying it will have enough capex to fund the increased budget for its Maracas vanadium project in Brazil, which is due to start production early next year.
Two high grade targets in historical region underpin confidence for a major discovery at Dolly Varden Silver
The area in which Dolly Varden Silver (CVE:DV) has its 100 per cent owned 9,400 hectare property is the epitome of an ideal location for silver and gold mining. Indeed, the region was already known to president and CEO Ron Nichols through his work on the nearby Snip deposit such that when he was approached to become involved at the 2011 PDAC mining conference in Toronto, he leapt at the chance.
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