The Lac Aux Bouleaux Property is comprised of 14 mineral claims in one contiguous block totaling 738.12 hectares land on NTS 31J05, near the town of Mont-Laurier in southern Québec. Lac Aux Bouleaux "LAB" is a world class graphite property that borders the only producing graphite in North America. On the property we have a full production facility already built which includes an open pit mine, processing facility, tailings pond, power and easy access to roads.
An important asset of LAB is its metallurgy. The property contains a high proportion of large and jumbo flakes from which a high purity concentrate was proven to be produced across all flakes by a simple flotation process. The concentrate can then be further purified using the province's green and affordable hydro-electricity to be used in lithium-ion batteries.
The geological work performed in order to verify the existing data consisted of visiting approachable graphite outcrops, historical exploration and development work on the property. Large flake graphite showings located on the property were confirmed with flake size in the range of 0.5 to 2 millimeters, typically present in shear zones at the contact of gneisses and marbles where the graphite content usually ranges from 2% to 20%. The results of the property are outstanding showing to have jumbo flake natural graphite.
An onsite mill structure, a tailing dam facility, and a historical open mining pit is already present and constructed on the property. The property is ready to be put into production based on the existing infrastructure already built. The company would hope to be able to ship by rail its mined graphite directly to Teslas Gigafactory being built in Nevada which will produce 35GWh of batteries annually by 2020.
The property is located in a very active graphite exploration and production area, adjacent to the south of TIMCAL’s Lac des Iles graphite mine in Quebec which is a world class deposit producing 25,000 tonnes of graphite annually. There are several graphite showings and past producing mines in its vicinity, including a historic deposit located on the property.
The open pit mine in operation since 1989 with an onsite plant ranked 5th in the world production of graphite. The mine is operated by TIMCAL Graphite & Carbon which is a subsidiary of Imerys S.A., a French multinational company. The mine has an average grade of 7.5% Cg (graphite carbon) and has been producing 50 different graphite products for various graphite end users around the globe.View 43-101 Report
Mr. Pirzada is a Professional Geoscientist with over 30 years' experience in mineral exploration and mining with expertise in lithium and rare metals elements, graphite, PGE and uranium.Read More
Mrs. Cherry has over 11 years of corporate accounting experience and extensive corporate experience having held senior level positions, including Controller and Chief Financial Officer, for several public companies.Read More
Ms. Kagna currently acts as independent director of Graphite Energy Corp. She has vast experience in finance and mining.Read More
Mr. Roop Mundi is a lawyer who has focused on securities law for the majority of his career. He currently serves as President of Mundi Capital Ventures and is also a current director of Graphite Energy Corp.Read More
Mr. Ethier is the consulting geologist for Graphite Energy Corp and is the professional qualified person responsible for preparing the updated 43-101 report for the company.Read More
Demand for graphite is expected to rise as electric vehicles and lithium battery technology are adopted.
Global consumption of natural graphite has increased from approximately 600,000 tonnes in 2000 to roughly 1.1 million tonnes in 2011. Demand for graphite has been increasing by approximately 5 % per year since 2000 due to the continuing modernization of China, India and other emerging economies, resulting in strong demand from traditional end uses such as the steel and automotive industries. Graphite also has many important new applications such as lithium-ion batteries, fuel cells, nuclear and solar power that have the potential to create significant incremental demand growth. There is roughly 10-20 times more graphite in a lithium-ion battery than there is lithium.
Tesla, Apple, Google, and Faraday Future are expected to build battery factories that could demand as much as 100,000 tons of new lithium carbonate by 2021.Learn More
Graphite is not only used in batteries that power robots, but it's also used to build robots, as it is lighter and stronger than steel.Learn More
Invest in graphite.