Suite 605 –1166 Alberni Street
Vancouver, BC, V6E 3Z3 P: (604) 638-0971 F: (604) 638-0973 Email: [email protected] Web: www.canadacarbon.com CANADA CARBON ACHIEVES 100% GRAPHITIC CARBON ON SECOND PURIFICATION TEST ON MILLER GRAPHITE SAMPLE July 23 rd , 2013, Vancouver, BC, Canada – Canada Carbon Inc. (the “Company”) (TSX-V: CCB) is pleased to announce the following results from a second pur ification test conducted at SGS Canada Inc. (Lakefi eld) on its 100% owned Miller hydrothermal lump/vein graphite p roperty. Trials using two different purification pr ocesses both yielded results exceeding the target of >99.0% Graphitic Carbon (“Cg”).
Further to the results that were reported on July 18 th , 2013, results from a second two-stage hydrometall urgical purification process have been reported by SGS Cana da Inc. (Lakefield). The alternative purification p rocess treated the +48 mesh concentrate with an alkaline r oast followed by a conventional acid leach. The al kaline roast stage increased the purity from 93.5% Cg (94.4% C) to 99.1% Cg (100% C). The acid leach stage resulted in an exceptional product grade of 100% Cg (100% C). A Lo ss on Ignition (LOI) test was also performed result ing in 100% loss. The presence of impurities in the graph ite would have resulted in some ash residue however , according to SGS Canada Inc. (Lakefield) there was a complete burn. These results are truly remarkable , and in follow-up discussions about these reported values w ith SGS Canada Inc. (Lakefield), the 100% Cg purity assay was reconfirmed.
All carbon analyses were performed by SGS Canada Inc. (Lakefield) and are reported as total carbon (C) by Leco or graphitic carbon (Cg) employing a roast, followed by a leach and Leco assay of the leach residue.
Further process development is scheduled to commenc e during the week of July 22 nd , 2013, and the primary objective is to increase the graphitic content of t he flotation concentrate by optimizing the crushing , grinding and flotation parameters, thus minimizing the impuritie s in the concentrate that would then have to be rem oved in a downstream purification process. Upgrading the ore through conventional mineral processing technologie s including grinding and flotation constitutes a well-established and low-cost upgrading approach.
R. Bruce Duncan, Interim CEO & Director of Canada Carbon stated, “Needless to say we are truly excited that we can produce a purity that is usually only attribute d to Sri Lanka.” Mr. Duncan further stated, “We can also look forward to producing a higher pre-leach concentrate to cut costs in the purification process.”
As an added point of historical significance, the Miller graphite property was previously known as the "Grenville" graphite deposit. The following newspaper article from the Pittsburgh Press dated April 5, 1903 illustrates that the lump/vein graphite from the Grenville deposit was considered equal to that of Sri Lanka.
“ Graphite from the Grenville deposit was forwarded t o the Paris Exposition and to the Glasgow Expositio n with the Canadian exhibits. It was promptly awarded the FIRST PRIZE .”
“ The medal awarded by the Paris Exposition is now on exhibition at the Company’s office in New York, to gether with the certificate of award from the Glasgow Expo sition. The Imperial Institute in London requested , through the Canadian Department of Colonization and Mines, at Quebec, that these exhibits of Grenville graphit e be A carbon sciences company
deposited permanently with it. This request was granted, and the graphite from the mine Graphite Company, now present in the Imperial Institute at London, has caused many inquiries from Europe to be forwarded to this Company. The quality of the product of the Grenville Mine is unquestioned. It fully equals the Ceylon graphite .”
Rémi Charbonneau, Ph.D., P. Geo #290 (an Associate of Inlandsis Consultants s.e.n.c.) is an Independen t Qualified Person under National Ins trument 43 roasting and hydrochloric acid leach by SGS Canada Inc. (Lakefield) in this news release.
About Miller Graphite Mine
The Miller Graphite Mine, located in Grenville Town ship unknown graphite reserves remaining. This mine was worked around 1845 and was probably the first graph ite operation in Canada. The quantity of produced graph ite is unknown but it is reported that 25 graphite were shipped from this deposit in the year 1900 and sent to the Globe Refining Company of Jer sey City, N.J. This yielded thirty- two tons of clean crucible graphite. The Morgan Cru cible Company of London and also J.H. Gauthier and Company, Jers ey City, used some of this graphite in their crucib les and pronounced it equal to the best graphite known to come from Ceylon (now Sr i located 8 0 km west of Montreal. A main road, located approxi mately 80 gravel road to the deposit allowing very easy access. A po wer line also deposit. There is no certainty that further exploration will result in the development of similar
On Behalf of the Board of Directors
CANADA CARBON INC.
“R. Bruce Duncan” Interim CEO and Director
Contact Information
E-mail inquiries: [email protected]
P: (604) 638-0971
“Neither TSX Venture Exchange nor its Regulation Services Provid er (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 forwar performance and reflect management’s current expect ations and assumptions.
current beliefs and are based on assumptions made b y and informat This request was granted, and the graphite from the mine Graphite Company, now present in the Imperial Institute at London, has caused many inquiries from Europe to be The quality of the product of the Grenville Mine is unquestioned. It fully equals the Rémi Charbonneau, Ph.D., P. Geo #290 (an Associate of Inlandsis Consultants s.e.n.c.) is an Independen t trument 43 -101, who read the report describing the purification test by caustic by SGS Canada Inc. (Lakefield) approved the technical information provided The Miller Graphite Mine, located in Grenville Town ship in Quebec is a past graphite and mica producer with unknown graphite reserves remaining. This mine was worked around 1845 and was probably the first graph ite operation in Canada. The quantity of produced graph ite is unknown but it is reported that 25 graphite were shipped from this deposit in the year 1900 and sent to the Globe Refining Company of Jer sey City, two tons of clean crucible graphite. The Morgan Cru cible Company of London and also ey City, used some of this graphite in their crucib les and pronounced it equal to the best graphite known to come from Ceylon (now Sr i Lanka). The property covers 15.3 0 km west of Montreal. A main road, located approxi mately 80 0 m from the deposit, is connected by a road to the deposit allowing very easy access. A po wer line also crosses the property 500 m There is no certainty that further exploration will result in the development of similar
[email protected] Venture Exchange nor its Regulation Services Provid er (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”
This news release contains forwar d-looking statements, which relate to future events o r future performance and reflect management’s current expect ations and assumptions. Such forward- looking statements reflect management’s current beliefs and are based on assumptions made b y and informat ion currently available to the Company. Investors a re cautioned that This request was granted, and the graphite from the mine s of the Grenville Graphite Company, now present in the Imperial Institute at London, has caused many inquiries from Europe to be The quality of the product of the Grenville Mine is unquestioned. It fully equals the Rémi Charbonneau, Ph.D., P. Geo #290 (an Associate of Inlandsis Consultants s.e.n.c.) is an Independen t 101, who read the report describing the purification test by caustic approved the technical information provided is a past graphite and mica producer with unknown graphite reserves remaining. This mine was worked around 1845 and was probably the first graph ite operation in Canada. The quantity of produced graph ite is unknown but it is reported that 25 rail cars of lump graphite were shipped from this deposit in the year 1900 and sent to the Globe Refining Company of Jer sey City, two tons of clean crucible graphite. The Morgan Cru cible Company of London and also ey City, used some of this graphite in their crucib les and pronounced it equal to Lanka). The property covers 15.3 km 2 of land and is from the deposit, is connected by a crosses the property 500 m south of the There is no certainty that further exploration will result in the development of similar deposits.
Venture Exchange nor its Regulation Services Provid er (as that term is defined in the policies of the TSX Venture Exchange) looking statements, which relate to future events o r future looking statements reflect management’s ion currently available to the Company. Investors a re cautioned that
these forward looking statements are neither promis es nor guarantees, and are subject to risks and unc ertainties that may cause future results to differ materially from those expected. T hese forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Compan y does not assume any obligation to update or revis e them to reflect new events or circumstances. All of the forward-looking statement s made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com ).