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Graphite 2013

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canucklehead80   Wednesday, 05/02/12 06:11:36 PM
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Graphite 2013
Northern Graphite Plans to Open Ontario Mine Next Year
By Greg Klein

If the timeline holds, Northern Graphite’s TSXV:NGC Bissett Creek Project will be one of the first graphite mines to open outside China since the 1990s. Bankable feasibility is scheduled for completion later this month, along with a mine closure plan. Assuming the latter is approved by the Ontario government, a year of construction will bring the project to fruition by the end of next year.

“From a mining and metallurgical point of view, the project has pretty well been de-risked,” CEO Gregory Bowes declares. “This thing had a full feasibility study done on it during the 1980s, so we’re effectively doing the second one, and all the results are consistent. So it’s low risk, technically.”

Read more about Northern Graphite in Ontario. http://resourceclips.com/2012/05/01/graphite-2013/

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