Strike Graphite drills 93.8 m of 2.11% Cg at Simon Lake

NEWS RELEASE.

October 2, 2012: Vancouver, BC – Strike Graphite Corp. (Stock Profile – TSXV: SRK) released drill results for the spring 2012 exploration program at the Simon Lake graphite property, located in north-central Saskatchewan.

Blair Way, chief executive officer, remarked: “These initial drill hole results are very exciting and continue to verify our interpretation of continuity for the 25-kilometre strike length of the electromagnetic conductor. The high graphitic carbon content and potential scale of the Simon Lake graphite occurrences warrant follow-up metallurgical test work to confirm flake-size distribution and more drilling along the strike length of the conductor.”

During late spring, the company completed four diamond drill holes within the historic Simon Lake trend (visit the company’s website for a location map). Three conductive zones were targeted and tested small portions of the approximately 25-kilometre conductive trend. Results of the exploration program confirm substantial widths to the graphitic horizon, which are thought to form a continuous mineralized horizon that continues to surface.

Highlights:

  •  Hole SL-12-002 — 93.8 metres of 2.11 per cent graphitic carbon (Cg), including 32.8 metres of 3.3 per cent Cg;
  • Hole SL-12-003 — 25.3 metres of 3 per cent Cg, including 11.2 metres of 5.03 per cent Cg;
  • Hole SL-12-004 — 25.1 metres of 3.21 per cent Cg, including 15.2 metres of 4.46 per cent Cg.

To read the full news release – CLICK HERE.

CompanyFeed™

If you would like to receive our free newsletter via email, simply enter your email address below & click subscribe.

MOST ACTIVE MINING STOCKS

 Daily Gainers

 Australian Mines Ltd. AUZ.AX +900.00%
 Adex Mining Inc. ADE.V +50.00%
 Casa Minerals Inc. CASA.V +30.00%
 Rare Element Resources Ltd. REE +26.63%
 Astro Resources NL ARO.AX +25.00%
 Tearlach Resources Ltd. TEA.V +21.05%
 MacDonald Mines Exploration BMK.V +16.67%
 GME Resources Ltd. GME.AX +16.67%
 Standard Lithium SLL.V +16.42%
 Black Iron, Inc. BKI.TO +16.28%

Download the latest Solaris Resources (SLSSF) Investor Kit

You have successfully subscribed to the newsletter

There was an error while trying to send your request. Please try again.

MiningFeeds will use the information you provide on this form to be in touch with you and to provide updates and marketing.