Noram Ventures, a Canadian based junior exploration company, has published a press release on their new discovery of a highest grades of graphitic carbon found at the Company’s Jumbo flake-graphite property, located in the Kootenay region of southeastern British Columbia. The discovery was made on the basis of a SkyTEM survey conducted in 2012.
“These latest results from Jumbo are very encouraging as we expect the project to play an integral role in realizing our plan of becoming a force in the Green Energy Revolution through the development of lithium and graphite deposits, as part of our near term strategy to build a multi-national lithium-graphite dominant industrial minerals company to produce and sell lithium and graphite into the markets of Europe, North America and Asia,” said Mark Ireton, CEO & President of Noram.
The conductive features were delineated in an airborne SkyTEM (Time Domain Electromagnetic) survey consistently associated with a graphitic horizon throughout the Property. The new discovery area includes the highest grades found to date that are coincident with the strongest and most discrete SkyTEM conductive zones. It appears that all the SkyTEM-indicated conductors, with a cumulative length of roughly 50 kilometers of conductive horizon, that has the potential to host significant concentrations of graphite.
To read the entire press release from Noram click here.