Thursday, December 18, 2014 7:23:08 PM
2014-12-18 10:22 ET - News Release
Mr. Paul Gorman reports
GREAT LAKES GRAPHITE CONTINUES LOCHABER WINTER DRILL PROGRAM
Great Lakes Graphite Inc. is providing the following update on the 2014 Lochaber winter drill program. Kyle Loney, president of Wolf Mountain Drilling, the contractor conducting the Lochaber drill program, reports that three of the six 100-metre holes have now been completed. Further, Mr. Loney indicates that the program continues to progress on schedule. Sebastien Bernier, PGeo, a representative of SRK Consulting, which has been engaged to complete a National Instrument 43-101-compliant resource estimate on the Lochaber property will be on-site commencing this weekend.
Paul Gorman, chief executive officer, said: "This drill program will provide important infill exploration data for the resource estimate as well as the feasibility study that is anticipated to follow immediately upon completion of the estimate. As each drill hole is completed, the drill core is being transported to our Sudbury core shack. Once there, the core is logged, split and prepared for assay. Core samples will then be shipped to AGAT Laboratories Inc. in Mississauga for analysis. The company anticipates that drilling will be completed before year-end."
Martin Ethier, PGeo, who is a member of the Order of Geologists of Quebec and a qualified person under NI 43-101, has reviewed and approved the technical content of this press release.
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