Southcorp Capital Inc (STHC)

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Sri Lanka's other graphite mine just started working. The Ceylon mine on the other side of the island is a much smaller claim than Ameca's. (and lacks gold)

The GSMB has now approved graphite mining in the country and this will just be the beginning. Now the stage is set for Ameca, Methods for government approval are now known. And Sri Lanka wants the GDP add of mining.


Quote
Karasnagala, the Sri Lanka’s third largest licensed mine after the Second World War launched its mining work on Thursday (19) at the Galigamuwa Divisional Secretariat in Kegalle District under the patronage of Chairman of the Geological Survey and Mines Bureau (GSMB), Mr Asela Iddawela and GSMB senior officials.
Last Update : 2020-12-9


Ceylon Mine:
According exploration conducted, 53,000 tons of graphite deposit has been identified and mining to be conduct up to 155 ft initially.
http://www.gsmb.gov.lk/web/index.php?option=com_content&task=view&id=219&Itemid=79&lang=en

Ameca Mine:
Given the inherent characteristics of vein graphite formation, the veins are estimated to extend for 3 kilometres and contain over 2 million tonnes.
https://www.amecamining.com/serwulia