Replies to post #19691 on Southcorp Capital Inc (STHC)

[LINK Oracle]

And those revenues are for graphite only. Cant even imagine if they hit gold, platinum or rare earths.

High Value Minerals

Gold: Targeting goal of establishing multi-million oz gold resource. Visible gold in core samples. Early testing at shallow levels show the presence of gold (7 grams/tonne). Currently undertaking Phase 2 drilling to a depth of 200 metres. Fire assay will be available in 4-5 weeks. AMECA holds intellectual rights for all gold in Sri Lanka.

Platinum groups: High concentrations of palladium (5.67) found by Saint Jean Carbon in initial samples. Awaiting confirmation from Actlabs.

Rare earths: Very promising results from both a geological standpoint and potentially processing perspective. Testing at the certified labs of Saint Jean Carbon and Actlabs show high concentrations of multiple rare earths including: Europium (.9%), gadolinium (1.2%).

Graphite: Proven 2 million tonnes of extremely high (99.9%) purity. Graphite will not need to be subjected to many damaging processes required to obtain the purity required by end user. Ideal for the anodes of EV batteries. No intercalation with host rock means less processing and associated costs than North American deposits. 10 year, $20 million/year off-take agreement signed.