CANADA CARBON COMPLETES BULK SAMPLE PROGRAM ON ITS ASBURY GRAPHITE PROJECT By Investing.com

Toronto, ON, Canada, Oct. 24, 2024 (GLOBE NEWSWIRE) — Canada Carbon Inc. (the Firm) (TSX-V:CCB), (FF:U7N1) stories that it has accomplished the Bulk Pattern Program for its 100% owned Asbury (NYSE:) Graphite Undertaking situated 80 kilometers (km) NNE of Gatineau, close to Notre-Dame-du-Laus, Québec. Working with SGS Lakefield, the Bulk Pattern Program consisted of labor to finish a full scope of research within the following areas:

• Head assays
• Bond Ball (NYSE:) Work Index Evaluation
• Flowsheet optimization

Head Assays

As beforehand reported (see Press Launch dated August eighth, 2024), the Firm supplied three ore samples for this system : BK1 “ excessive grade drill core, BK2 “ low grade drill core, and BK3 “ a excessive grade outcrop. These samples have been ready for testing, and a composite of the 2 drill core samples (BK1 and BK2) was ready and named Core Comp.  The Firm imagine that the Core Comp can be a reasonably consultant pattern of the general Asbury deposit.

Carbon speciation analyses of those samples exhibits graphitic carbon (C(g)) starting from 1.36% to five.86% from low to excessive grade drill core, and a really excessive graphitic carbon focus of 15.7% within the outcrop pattern. The three.68% C(g) of the Core Comp was properly in extra of the common C(g) measured within the Firm’s Preliminary Useful resource Estimate (see Press Launch dated Might sixteenth, 2024). As measured in all samples, carbon happens as each graphitic carbon (C(g)) in addition to carbonate (CO3) minerals. On this flotation program, CCB evaluated the restoration of graphitic carbon versus complete carbon (C(t)). Carbonates are anticipated to be flushed to the tailings merchandise.  Whole Natural Carbon (TOC) is minimal in all samples.

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Bond Ball Work Index Evaluation
Bond Ball Work Index testing was performed on the three samples, BK1, BK2 and BK3 which produced related work indices starting from 14.1 (BK2) to 14.6 (BK1). As compared with SGS’s database of 1000’s of ore varieties, proven within the graph under, the Asbury samples fall within the median vary of hardness percentile, starting from 47.4% to 53.3%.  The results of this evaluation means that the onerous rock host materials of the Asbury deposit outcomes from geological occasions which contributed considerably to the macro-crystalline nature of the flake to be produced from the Asbury deposit.

Observe: F80 denotes feed dimension (in microns), whereas P80 denotes product dimension (i.e “ measurement at which 80% of particles are finer in dimension). BWI “ Bond Work Index. KWh/t “ Kilowatt Hour per tonne.

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Flowsheet Optimization
Because the determine under signifies, the Firm and SGS engaged in a really thorough technique of growing and optimizing the consider tradeoffs between flake dimension and purity primarily based on the size of main and secondary grind cycles and the variety of rougher columns or cells by way of which the focus can be cycled. World working parameters utilized within the optimized flowsheet are as follows:

Observe: SMM “ Stirred Media Mill

Within the optimized flowsheet a flash flotation stage was performed on the crushed ore producing flash rougher concentrates. The flash rougher tailings have been floor and a rougher focus produced. Two regrind circuits have been added down-process from a 100-mesh focus display. The flowsheet then supplies for 3 cleaner columns to comply with every of the +100 and -100 mesh traces.

Whereas the corporate was initially centered on minimizing required grinding energy, in addition to the potential for preservation of coarse-flake graphite, subsequent testing exhibits that elevated main grinding eliminates +48 mesh flake from the focus profile however ends in vital good points in purity.  Given the give attention to future participation within the battery anode provide chain, producing the next purity focus, which might be simpler and cheaper to purify, is right for the Firm and its potential future purchasers.

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Floatation Checks Outcomes

The Firm’s closing floatation take a look at achieved mixed focus grades of better than 98% C(t).  Vital observations from the optimization course of are as follows:

• Major grind time was elevated first from 12 minutes to fifteen minutes after which from 12 minutes to 18 minutes.
• The 15-minute main grind resulted in P80 230 µm, whereas the 18-minute main grind resulted in P80 214 µm. Nevertheless, it was decided that grinding to P80 214 µm just isn’t required.  
• Due to the finer main grind, the +100 M focus exceeded our goal 95% C(t) grade after screening (attaining 96.2% C(t)) and will not want cleaner phases in any respect.  
• The -100 M focus, after secondary grinding, achieved a 95.2% C(t) grade after the first  -100 M cleaner, suggesting that the remaining two cleaner phases supplied for within the work sheet is probably not essential in any respect.  
• It was additionally essential to notice that, within the closing floatation take a look at, the Firm’s +150 mesh and the +325 mesh assayed out at 99.1% and 99.0% C(t) respectively.

Observe: In focus samples C(t) is assumed equal to C(g) as any carbonates are anticipated to movement to the tailings.

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“The completion of our Bulk Sample Program by SGS Lakefield produced results beyond our expectations. We were able to demonstrate that a composite sample of our ore recorded in-situ grades in excess of the average in our Initial resource estimate. Additionally, we have engineered a flowsheet which produces high Ct concentrate from an efficient primary processing operation. This will allow us to market an anode market product which will be significantly easier and more cost effective to purify. These characteristics are certainly important to the battery anode space, but also attractive across a variety of high margin applications. We intend to ensure that this scalable, exceptional deposit is expeditiously developed and properly positioned to maximize shareholder value.” declared Ellerton Castor, CEO of Canada Carbon.

Subsequent Steps

With the Bulk Pattern program full, Canada Carbon will goal completion of the Asbury Pre-Feasibility Examine by the tip of Q1, 2025. Moreover, the outcomes will enable CCB to conduct battery cell testing on the focus by way of Polaris (NYSE:) Labs. Lastly, the Firm may even increase its scope of lab testing to start qualifying the Asbury focus for quite a lot of further business verticals.  

Certified Particular person  
This press launch was ready by  Rick Keevil, who’s an impartial certified individuals as outlined beneath Nationwide Instrument 43-101, and who reviewed and permitted the geological data supplied on this information launch.

Asbury Undertaking Overview
The 100%-owned Asbury Graphite Undertaking is a previous producing property made up of 25 claims with a complete floor space of 1,384.59 ha. It’s situated 8.1 km northeast of Notre-Dame-Du-Laus within the Laurentides Area of southern Quebec. The property is accessible through gravel roads from Provincial Highway 309 and Chemin du Ruisseau Serpent within the Notre-Dame-du-Laus space. An influence transmission line runs by way of the property. Mont-Laurier, situated roughly 44 km north, supplies all facilities wanted to carry out fundamental mineral exploration, corresponding to a hospital, lodging, eating places, groceries and different main companies. Further facilities for exploration, and a seasoned mining and exploration workforce, can be found from close by cities of Gatineau to the south.

CANADA CARBON INC.
Ellerton Castor
Chief Government Officer and Director
Contact Data
E-mail inquiries:  information@canadacarbon.com  
P: (905) 407-1212

FORWARD LOOKING INFORMATION  

This press launch incorporates statements that represent forward-looking data (forward-looking data) throughout the that means of the relevant Canadian securities laws. All statements, apart from statements of historic reality, are forward-looking data and are primarily based on expectations, estimates and projections as on the date of this press launch. Any assertion that discusses predictions, expectations, beliefs, plans, projections, aims, assumptions, future occasions or efficiency (typically however not at all times utilizing phrases corresponding to expects, or doesn’t count on, is predicted, anticipates or doesn’t anticipate, plans, price range, scheduled, forecasts, estimates, believes or intends or variations of such   phrases and phrases or stating that sure actions, occasions or outcomes might or may, would, would possibly or can be taken to happen or be achieved) aren’t statements of historic reality and could also be forward-looking data. Ahead-looking data on this press launch contains statements concerning the event of the Firm’s Asbury deposit and financing thereof, the getting into of the three way partnership with Irondequoit Providing, future manufacturing from the Firm’s Asbury deposit, gross sales agreements and different issues associated thereto. In disclosing the forward-looking data contained on this press launch, the Firm has made sure assumptions. Though the Firm believes that the expectations mirrored in such forward-looking data are affordable, it may give no assurance that the expectations of any forward-looking data will show to be appropriate. Recognized and unknown dangers, uncertainties, and different components which can trigger the precise outcomes and future occasions to vary materially from these expressed or implied by such forward-looking data. Such components embrace however aren’t restricted to: compliance with in depth authorities laws; monetary talents; the power to develop the Asbury deposit; home and international legal guidelines and laws adversely affecting the Firm’s enterprise and outcomes of operations; the affect of COVID-19; and basic enterprise, financial, aggressive, political, and social uncertainties. Accordingly, readers mustn’t place undue reliance on the forward-looking data contained on this press launch. Besides as required by legislation, the Firm disclaims any intention and assumes no obligation to replace or revise any forward-looking data to mirror precise outcomes, whether or not on account of new data, future occasions, adjustments in assumptions, adjustments in components affecting such forward-looking data or in any other case.

Neither TSX Enterprise Change nor its Regulation Providers Supplier (as that time period is outlined within the insurance policies of the TSX Enterprise Change) accepts accountability for the adequacy or accuracy of this launch.

Supply: Canada Carbon Inc.