Research Agreement with McGill University for Graphite Processing
Innovation
MONTREAL, April 9, 2019 /CNW Telbec/ - SRG Graphite
Inc. (TSXV: SRG) ("SRG" or the "Company") is pleased to
report the results of its 200-tonne ("t") piloting project at SGS
Canada. From the 200t processed, 12.8t of graphite flakes were
produced at an average grade of 96.8% total carbon ("Ct"). With
this graphite in hand, the Company will be better positioned to
secure offtake agreements as it continues its sales efforts with
its various clients in North
America, Europe, and
Asia.
The Company is also pleased to announce that a 3-year research
agreement has been signed with McGill
University to further develop its graphite processing
techniques. Areas of study will include conventional mineral
processing technologies and the application of new or existing
hydrochemical processes to further purify graphite flakes.
Pilot plant results:
In 2018, the Company extracted 200t of surface mineralised
material throughout the Lola Graphite deposit and sent it to SGS
Canada for processing. The purpose of this piloting was to produce
graphite flakes of various size fractions for business development
as well as to validate the metallurgical response of surface
mineralised material. Figure 1 provides a map of the pits sampled
to collect the 200t of material. Achieved results are summarized
below:
- 200t of material were processed at SGS Canada;
- 12.8t of graphite flakes were produced, excluding samples
removed for tests;
- Graphite flakes are at an average grade of 96.8% Ct;
- Flake distribution of:
-
- 13% +48mesh;
- 26% +80mesh;
- 12% +100mesh;
- 49% <100mesh;
- Flotation recovery of 85%.
"The successful processing of 200t of material from our deposit
was an important validation of the metallurgical response of the
Lola Graphite mineralised material. In addition to our
metallurgical laboratory on site at Lola, the resulting 12.8 tonnes
of graphite flakes from the piloting will contribute to the
marketing of our product. We are now in a position to provide large
quantities of our product to clients interested qualifying our
graphite flakes in their manufacturing process", said Raphaël
Beaudoin, VP Operations.
Research agreement with McGill
University
Given graphite is a key component of lithium-ion batteries and
part of the fast-growing energy metals space, SRG is constantly
evaluating how to be ahead of the industry on mineral processing in
a sustainable way. By engaging with McGill
University on a three-year research agreement, both
conventional and new processing routes will be evaluated for
further graphite purification.
"This partnership agreement with McGill will help ensure we
approach our process development from every angle. As we are
finalizing our mineral processing flowsheet for our feasibility
study, research with McGill University
will focus on future process innovations," said Raphaël Beaudoin,
VP Operations.
"The department of Mining and Materials Engineering of
McGill University is delighted to be
collaborating with SRG on optimising the flotation process of the
Lola graphite deposit," said Professor Waters. "With graphite
becoming critical in many fields, not least in batteries for
electric vehicles, it is imperative that high grade graphite can be
produced in a sustainable manner, and it is excellent that SRG are
of the same opinion when it comes to sustainable processing."
More information on the Mineral Processing Research Group at
McGill University can be found at
www.mcgill.ca/minpro
The technical information in this release has been reviewed and
approved by Raphaël Beaudoin, P. Eng, VP Operation at SRG, and a
"qualified person" as defined by National Instrument 43-101,
Standards of Disclosure for Mineral Projects.
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 "ensure", "secure",
"positioned", "demonstrate", or variations of such words and
phrases or state that certain actions, events or results "will",
"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
