VANCOUVER, BRITISH COLUMBIA — (Marketwired) — 10/03/14 — Canada Carbon Inc. (the „Company“) (TSX VENTURE: CCB)(FRANKFURT: U7N1) provides a further update on the preliminary results of its pilot-scale flotation processing at SGS Canada Inc. („SGS“) of graphitic material from its 100% owned Miller graphite property.
As previously reported in the Company–s press release of September 24th, 2014, mechanical and metallurgical commissioning of the 500 kilograms per hour („kg/h“) flotation pilot plant at the SGS Lakefield site commenced on September 8th, 2014. During this commissioning period, process grab samples were collected intermittently to facilitate the optimization of the metallurgical performance. Initial results reported on September 24th, 2014 were from the first phase („Phase 1“) of pilot plant commissioning, which confirmed that a high-purity large-flake product was being collected. In the second phase („Phase 2“) of commissioning, adjustments to the operating conditions of the pilot plant were made to optimize the purity of all graphite particle sizes. The results from Phase 2 are reported below.
In Phase 2, the full suite of +200 mesh (75 microns) size fractions of a 30 minute concentrate composite, which was collected during steady circuit operation, were submitted for GDMS analysis by Evans Analytical in Syracuse, NY. The results of both the total carbon analysis by Leco and GDMS analyses are presented in the table below, which confirm that the very high graphite concentrate grades obtained with the 50 kg bulk sample can be replicated on a pilot plant scale processing 500 kg/h. The bench-scale grades reported below were obtained during the 7th and final laboratory scale flotation trial conducted by SGS on the 50 kg bulk sample.
Grades of Bench-Scale and Pilot Plant-Scale Flotation Concentrate Fractions
As was the case with the Phase 1 results reported on September 24th, 2014, these Phase 2 results were obtained using flotation alone. No additional chemical processing, leaching, baking or other thermal techniques were employed. Additionally, all size fractions exceeded nuclear purity threshold as defined by EBC.
Executive Chairman and CEO Mr. R. Bruce Duncan stated, „Based on our research, these preliminary results from SGS Canada–s pilot-scale operation covering seven size fractions are unparalleled within the natural graphite industry. We have successfully transitioned from processing kilograms of graphite at one time, to now processing it by the tonne.“ Mr. Duncan further states, „Over 100 years ago, the Grenville (now known as Miller) graphite was exhibited at the Paris and Glasgow World Expositions, where it was awarded First Prize. These latest testing results indicate that the Miller graphite has maintained its position of superiority.“
The bulk sample currently being processed includes material from all known significant surface exposures of graphite. All graphite samples were selected under the guidance of Mr. Oliver Peters. Mr. Peters conducted a site visit to the Miller project in August 2014, to observe the graphite mineralization, and to consult directly with Canada Carbon–s field geological team with respect to bulk sample material selection criteria. (see September 24th, 2014 press release)
Qualified Person
Mr. Oliver Peters, M.Sc., P.Eng, MBA, (Consulting Metallurgist for SGS and Principal Metallurgist of Metpro Management Inc.) is an Independent Qualified Person under National Instrument 43-101, and has reviewed and approved the technical information provided in this news release.
On Behalf of the Board of Directors
CANADA CARBON INC.
R. Bruce Duncan, CEO and Director
„Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.“
FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management–s current expectations and assumptions. Such forward-looking statements reflect management–s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at ).
Contacts: Canada Carbon Inc. (604) 638-0971 (604) 638-0973 (FAX)
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