Northern Graphite Corp. announces that it has agreed to sell a one per cent gross revenue royalty on its Bissett Creek Project to Electric Royalties Ltd. for $500,000 in cash and two million common shares of ERL . The transaction is subject to, among other things, regulatory approval, the completion of due diligence by ERL and ERL completing its [...]
Northern Graphite Corp. is pleased to provide an update on the natural graphite market which has been in a state of paradox for some time. There are almost weekly announcements of huge investments in new electric vehicle and lithium ion battery production capacity which creates a very positive outlook for future flake graphite demand. At the same [...]
Northern Graphite Corp. is pleased to provide the following update with respect to the graphite market, the Company and its Bissett Creek Project. While graphite prices and investor interest remain low, longer term demand forecasts for battery minerals are very robust due to aggressive plans by automobile manufacturers to "electrify" their fleets [...]
Northern Graphite Corp. announces that it has engaged Red Cloud Klondike Strike Inc. to act as its strategic and financial advisor. RCKS will assist the Company in evaluating and pursuing alternatives for maximizing shareholder value including identifying potential sources of financing and/or corporate partners needed to move the Bissett Creek [...]
Northern Graphite Corp. announces that as part of its ongoing review of the economics of the Bissett Creek graphite project , G Mining Services Inc. has completed an analysis which indicates that increasing annual concentrate production by at least 20 per cent can be achieved with a relatively modest six per cent increase in capital costs for the [...]
Northern Graphite Corp. announces that it has filed the final patent application for its proprietary natural graphite purification technology. The Company previously filed a provisional patent application in 2018. The patent relates to the use of chlorine in a specially constructed fluidized bed reactor that was designed by Hatch Inc. . Northern [...]
Northern Graphite Corp. announces that G Mining Services Inc. has completed a review of the economics of the Company's Bissett Creek graphite project in order to evaluate the effect of some modifications to the flow sheet as well as changes in commodity prices, exchange rates, equipment and labor costs, and other project inputs. The review [...]
Northern Graphite Corp. announces that SGS Canada Inc. has initiated a comprehensive metallurgical test program on ore from the Company's Bissett Creek project to confirm the results of previous studies which identified a number of promising opportunities to reduce capital and operating costs and further improve project economics. This work must [...]
Northern Graphite is pleased to announce that all resolutions were passed by a wide margin at its annual general meeting held in Ottawa, Ontario, on June 25, 2018. Almost 40 percent of the outstanding shares were voted. MNP LLP, Chartered Professional Accountants were appointed auditors of the Corporation; the Corporation's Stock Option Plan was [...]
Northern Graphite announces that it has signed a Memorandum of Understanding with a European commodity trading company to sell 100 per cent of the projected output from the Bissett Creek graphite project in China. The parties intend to enter into a binding agreement when a number of conditions have been met, including the arrangement of project [...]
Northern Graphite announces that ongoing metallurgical testing being carried out by SGS Lakefield has identified a very promising opportunity to simplify the process plant design and reduce capital and operating costs for the Bissett Creek Project. The test work is part of the Company's planned update of its Feasibility Study and is subject to [...]
Northern Graphite announces that additional testing has confirmed that lithium ion battery anode material made from concentrates from its Bissett Creek deposit meet or exceed current commercial specifications. The test work was carried out by the Beijing General Research Institute of Mining and Metallurgy , a Chinese state owned metallurgical [...]