AND MORE GREAT NEWS FOR HALLOWEEN
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"CARIBOU KING RESOURCES LTD.: EM TARGETS IDENTIFIED ON CALUMET GRAPHITE PROPERTY
Electromagnetic conductors are present on Caribou King Resources Ltd.'s Calumet property, identified from an airborne VTEM survey conducted by Canada Carbon on its Miller mine graphite project in Quebec (see Canada Carbon news release dated Oct. 8, 2013). The northeastern portion of the Calumet claims adjoins the eastern block of the Miller Mine. Overlap from the airborne survey reveals that anomalies of similar magnitude and dimension are present on the northeastern portion of the Calumet claims.
To the west of the Calumet claims, the western block of the Miller Claims also exhibits a high number of EM targets. All of the Calumet claims lie between these two blocks. Man-made features on the Calumet property itself inhibit the usefulness of an airborne survey, but a ground-based HLEM survey is presently being considered. A beep mat survey and prospecting is also planned for Calumet, following the discovery of graphitic marble on the property (see news release, September 18, 2013).
Michael England, CEO & Director states, "The Calumet property shares a similar lithology with the neighbouring Miller Graphite Mine and is highly prospective for large flake graphite mineralization. Combining these recently identified airborne EM targets with the graphitic marble boulders previously discovered at Calumet, a high potential for discovery exists in the area and more graphite mineralization is likely to be found. Calumet is yet another positive result to add to our highly prospective graphite portfolio, and is not the only one in close proximity to historic and operating graphite mines."
The technical contents of this release were approved by Dr. Michel Boily, P. Geo., qualified person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report, and Dr. Boily has not verified the technical data disclosed in this release."
