MONTREAL, Nov. 19, 2018 /CNW Telbec/ - SRG Graphite
Inc. (TSXV: SRG) ("SRG" or the "Company") is pleased to
announce the completion and subsequent opening of its metallurgical
laboratory near the Lola Graphite Deposit in Guinea, West
Africa.
The laboratory will serve many purposes such as small-scale
graphite production to pursue business development and continue to
evaluate the properties of the deposit's graphite, training of the
local technical workforce, and education of local communities about
the project. The laboratory will also be used for sample
preparation for exploration, geotechnical metallurgical testing and
vendor tests, as well as further tests for process development.
"The construction and commissioning of this laboratory is only a
small example of what our local team has accomplished to date. It
will be a great tool for exploration as well as business and
process development, which we are putting to use immediately," said
Raphaël Beaudoin, P.Eng., VP Operations, Metallurgy and Process
Design. "It will not only help the team complete the ongoing
feasibility study, but it will also help us prepare for the next
steps including construction, production, and future business
endeavours.
The laboratory houses many features like a full sample
preparation facility including drying, crushing and pulverizing;
and a complete mineral processing facility with scrubbing and
milling, attrition milling, flotation, filtration and drying. It is
also equipped to perform basic graphite assaying with acid wash and
"Lost on ignition" (LOI) method. The building was design with
sufficient space for training and a small-scale production of
graphite samples for business development.
SRG is also proud to say that, apart from the technical
equipment which was imported from top-of-the-line suppliers, 100%
of the building and facilities were sourced and constructed
locally. SRG wants to thank everyone who helped bring this very
important project to fruition.
ABOUT SRG
SRG is a Canadian-based company
focused on developing mineral deposits located in the Republic of
Guinea, West Africa. SRG is committed to operating in
a socially, environmentally, and ethically responsible manner.
For additional information, please visit SRG's website at
www.srggraphite.com.
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this
release.
Forward-Looking Statements
This press release contains "forward-looking information" within
the meaning of Canadian securities legislation. All information
contained herein that is not clearly historical in nature may
constitute forward-looking information. Generally, such
forward-looking information can be identified by the use of
forward-looking terminology such as "will", "continue",
"demonstrate", "potential", or variations of such words and phrases
or state that certain actions, events or results "may", "could",
"would" or "might". Forward-looking information is subject to known
and unknown risks, uncertainties, and other factors that may cause
the actual results, level of activity, performance, or achievements
of the Company to be materially different from those expressed or
implied by such forward-looking information, including but not
limited to: (i) volatile stock price; (ii) the general global
markets and economic conditions; (iii) the possibility of
write-downs and impairments; (iv) the risk associated with
exploration, development, and operations of mineral deposits; (v)
the risk associated with establishing title to mineral properties
and assets; (vi) fluctuations in commodity prices and other risks
and factors described or referred to in the section entitled "Risk
Factors" in the MD&A of the Company and which is available at
www.sedar.com, all of which should be reviewed in conjunction with
the information found in this news release.
Forward-looking information is based on assumptions management
believes to be reasonable at the time such statements are made,
including but not limited to, continued exploration activities and
no material adverse change in mineral prices. Although the Company
has attempted to identify important factors that could cause actual
results to differ materially from those contained in the
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated, or intended. There can
be no assurance that such forward-looking information will prove to
be accurate, as actual results and future events could differ
materially from those anticipated in such forward-looking
information. Such forward-looking information has been provided for
the purpose of assisting investors in understanding the Company's
business, operations and exploration plans and may not be
appropriate for other purposes. Accordingly, readers should not
place undue reliance on forward-looking information.
Forward-looking information is given as of the date of this press
release, and the Company does not undertake to update such
forward-looking information except in accordance with applicable
securities laws.
SOURCE SRG Graphite
