A physical review of the mineral lease areas was undertaken to update specific details and features of interest, while sampling of the various showings and old mine workings had been submitted for analysis.
Evaluation program is aimed at verifying the historic US Bureau of Mines data that reported indicated reserves of 2.802 million tons and measured reserves of 4.363 million tons for a total of 7.165 million tons combined.
Graphite Corp President Brian Goss commented that these findings from resource evaluation continue to indicate that the company can progress with a pilot plant bulk sampling or production due to the presence of surface graphite that could be mined using basic excavating methods.
"Plans are well underway including a determination of our funding needs in order to fully exploit the potential of this increasingly interesting resource opportunity," Goss said.
