Vancouver, B.C., February 6, 2014 – BIG NORTH GRAPHITE CORP. (TSX-V: NRT) (the “Company” or “Big North“), Big North has received the assay results from the verification sampling completed by R.Tim Henneberry, P.Geo., as part of his due diligence review for the NI43-101 report to support the acquisition of Grafito de Mexico S.A. and its El Tejon flake graphite mine and mill. The sample results ranged from to a low of 2.46% Cg to a high of 5.11% Cg (percent graphite carbon).
Company President Spiro Kletas commented, “We are pleased to have our due diligence sampling results verify the mine component of the El Tejon mine and mill acquisition. In particular, the grade and consistency of mineralization throughout the known workings has confirmed what we were hoping for and it will now be the Company’s goal to fast track this project into production in order to add flake graphite production and sales to Big North’s business.”
Sixteen samples were taken, including 14 one metre chip samples, one 5 metre by 5 metre panel chip sample and one grab sample of mineralized oversize. The sampling suggests flake graphite mineralization is fairly continuous throughout the existing El Tejon workings. A full table of the results can be viewed below:
Sample No. | Description | Location | Width | % Cg |
26154 | weathered blocky gneiss FeOx | main pit | 1 metre | 3.82 |
26155 | weathered blocky gneiss FeOx | main pit | 5m by 5 chip | 3.56 |
26156 | weathered sandy schist | main pit | 1 metre | 4.47 |
26157 | broken sandy schist FeOx | main pit | 1 metre | 3.74 |
26158 | weathered blocky gneiss FeOx | main pit | 1 metre | 3.90 |
26159 | harder massive gneiss | main pit | 1 metre | 3.99 |
26160 | harder blocky gneiss FeOx | main pit | 1 metre | 4.18 |
26161 | broken sandy schist FeOx | main pit | 1 metre | 2.46 |
26162 | weathered blocky gneiss FeOx | main pit | 1 metre | 2.83 |
26163 | harder blocky gneiss FeOx | main pit | 1 metre | 3.96 |
26164 | broken sandy schist FeOx | cut on top | 1 metre | 5.11 |
26165 | weathered blocky gneiss FeOx | upper pit | 1 metre | 3.46 |
26166 | black horizon in gneiss | upper pit | 1 metre | 4.94 |
26167 | blocky sandy gneiss FeOx | upper pit | 1 metre | 3.67 |
26168 | blocky gneiss little FeOx | upper pit | 1 metre | 4.66 |
26169 | grab from mined boulders | main pit | grab | 3.52 |
The bulk of the samples were taken at regular interval along the lower pit face over a distance of 250 metres. The pit is developed in a body of graphitic gneiss 700 metres long by 23 to 80 metres wide. The graphitic gneiss has been developed by the open pit. In addition, three adits cut explored the full extent of gneiss below the sill of the existing pit and numerous trenches, cuts and pits tested the gneiss along strike.
All samples were shipped to the ALS Geochemistry prep lab in Guadalajara, Mexico with the prepared pulps shipped to the ISO 90011:2008 certified ALS Minerals laboratory in North Vancouver, British Columbia. All samples were analyzed using the C-IR I 8 by Leco procedure with results reported in % graphite carbon.
The technical content of this news release was reviewed and approved by R.Tim Henneberry, P.Geo. (BC), a consultant to Big North Graphite Corp.
About Big North Graphite Corp.
Big North is a graphite development and exploration company focused on select projects in Mexico and Canada. The Company acquired three past producing amorphous graphite mines in Sonora, Mexico in 2012 and is currently in the test-mining phase at Nuevo San Pedro. Big North sold 760 tons of amorphous graphite in 2013.
Big North also owns high priority, large flake graphite exploration projects in Ontario and Quebec, Canada.
For further information please contact Spiro Kletas at (604) 629-8220.
ON BEHALF OF THE BOARD
(signed) “Spiro Kletas”
Spiro Kletas
President and Chief Executive Officer
Neither the 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.
Except for historical information contained herein, this news release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially. Except as required pursuant to applicable securities laws, the Company will not update these forward-looking statements to reflect events or circumstances after the date hereof. More detailed information about potential factors that could affect financial results is included in the documents filed from time to time with the Canadian securities regulatory authorities by the Company.
