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 APPLYING FOR BULK SAMPLING PERMIT FOR MILLER GRAPHITE MINE October 28 th , 2013, Vancouver, BC, Canada – Canada Carbon Inc. (the “Company”) (TSX-V: CCB) is pleased to announce that it is in the process of ap plying for a bulk sampling permit at its Miller Gra phite Mine. The bulk sampling permit will enable the Company to extract and ship large samples of graphite-bearing material.
The Company has multiple stockpiles of graphite bea ring material some of which were recently discovere d near the historic Miller Mine pit as well as graphite ma terial collected as it is displaced from trenching during current exploration activities. The stockpiles were discovered during beep-mat surveying and prospecting. The total stock piled material contains 640 tonnes of graphite vein mineralization in marble, paragneiss and wollaston ite, as well as five tonnes of high-grade lump graphite. Wollast onite is present in the stockpiled material and in the area currently being trenched, and occurs with graphite as acicular crystals up to ten centimetres in size. Wollastonite has a wide variety of uses in the automotive indust ry, and the Company is investigating the recovery o f wollastonite as a by-product of graphite mining at the Miller mine. Samples from the stockpiles have b een sent to Actlabs (Ancaster, ON) for total graphite analysis, and the results will be used to prioritize process ing of the stockpiled material. The Company advises that certa in parts of the drill program assays are still pend ing, with the digestion phase done for the graphite vein minerali sation and samples being processed in the analytica l instruments.
R. Bruce Duncan, CEO & Director of Canada Carbon st ates, “Permitting for bulk sampling is a logical ne xt step as we advance the Miller Mine project, and the disc overy of historic stockpiles on surface is extremel y fortuitous. It confirms the historic accounts of high-grade lum p graphite on the property, and provides a signific ant amount of material for comparison to our recent discoverie s. We now have access to this material, at surface, ready to be moved, that required minimum cost to discover. The Company anticipates the shipping of bulk samples for further testing once the bulk sample permit is received.”
Results from a recent VTEM survey flown by Geotech also identified an important anomaly at depth near the Miller Mine pit area ( see news release October 8, 2013 ). A second anomaly with similar strike as the pit anomaly and located to the southeast was subjected to follo w-up prospecting and beep mat surveying. Numerous closelyspaced graphite veins ranging from a few centimetre s to ten centimetres in width were discovered under 40 centimetres of overburden. Some veins are located at the contact of marble and paragneiss, in an iden tical geological context to that of the Miller mine site and trench area. Several exploration pits were als o located, with graphite-bearing blocks adjacent to them and appare ntly from the pits. Collectively, the observations support the belief that graphite mineralization explains the st rong VTEM anomaly at depth. A drill program to test this anomaly and the mine pit anomaly is planned after additional modeling of the VTEM is completed.
The Company is also in the process of requesting en vironmental authorization to pursue its trench work in the vein and pods discovery area ( see news release, September 19, 2013 ) due to the expected size of the future trench. The objective is to further expose the mineralized contact between the paragneiss and the marble, whic h hosts multiple graphite veins and graphite pods. During the environmental authorization process, drilling will be carried A carbon sciences company
out to further test the mineralization at depth. The Company is currently preparing detailed drill logs from the last drill program to better plan the coming prog help to determine targets for the coming drill program.
Rémi Charbonneau, Ph.D., P. Geo #290 (an Associate of Inlandsis Consultants s.e.n.c.) is an Independen t Qualified Person under National Instrument 43 provided in this news release.
On Behalf of the Board of Directors
CANADA CARBON INC.
“R. Bruce Duncan” CEO and Director
Contact Information
E-mail inquiries: [email protected]
P: (604) 638-0971 F: (604) 638-0973
“Neither TSX Venture Exchange nor its Regulation Se rvices Provider (as that term is defined in the pol icies of the TSX Ventur accepts responsibil ity for the adequacy or accuracy of this release.”
FORWARD LOOKING STATEMENTS: This news release contains forward performance and reflect management’s current expect ations and assumptions.
current beliefs and are based on assumptions made by and information currently avail able to the Company. Investors are cautioned that these forward looking statements are neither promis es nor guarantees, and are subject to risks and unc ertainties that may cau results to differ m aterially from those expected. These forward under applicable securities legislation, the Compan y does not assume any obligation to update or revis e them to reflect new e circumstances. All of the forward- looking statements made in this press release are q ualified by these cautionary statements and by thos e made in our filings with SEDAR in Canada (available at out to further test the mineralization at depth. The Company is currently preparing detailed drill logs from the last rill program to better plan the coming prog ram. Geophysical modeling underway by Geotech will also greatly help to determine targets for the coming drill program.
Rémi Charbonneau, Ph.D., P. Geo #290 (an Associate of Inlandsis Consultants s.e.n.c.) is an Independen t Instrument 43 -101, and has reviewed and approved the technical in formation
[email protected] “Neither TSX Venture Exchange nor its Regulation Se rvices Provider (as that term is defined in the pol icies of the TSX Ventur ity for the adequacy or accuracy of this release.”
This news release contains forward -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 assumptions made by and information currently avail able to the Company. Investors are cautioned that these forward looking statements are neither promis es nor guarantees, and are subject to risks and unc ertainties that may cau aterially from those expected. These forward -looking statements are made as of the date hereof a nd, except as required under applicable securities legislation, the Compan y does not assume any obligation to update or revis e them to reflect new e looking statements made in this press release are q ualified by these cautionary statements and by thos e made in our filings with SEDAR in Canada (available at www.sedar.com ).
out to further test the mineralization at depth. The Company is currently preparing detailed drill logs from the last ram. Geophysical modeling underway by Geotech will also greatly Rémi Charbonneau, Ph.D., P. Geo #290 (an Associate of Inlandsis Consultants s.e.n.c.) is an Independen t 101, and has reviewed and approved the technical in formation “Neither TSX Venture Exchange nor its Regulation Se rvices Provider (as that term is defined in the pol icies of the TSX Ventur e Exchange) looking statements, which relate to future events o r future looking statements reflect management’s assumptions made by and information currently avail able to the Company. Investors are cautioned that these forward looking statements are neither promis es nor guarantees, and are subject to risks and unc ertainties that may cau se future looking statements are made as of the date hereof a nd, except as required under applicable securities legislation, the Compan y does not assume any obligation to update or revis e them to reflect new e vents or looking statements made in this press release are q ualified by these cautionary statements and by thos e