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 COMMENCES VTEM AIRBORNE GEOPHYSICAL S URVEY OF HISTORIC MILLER GRAPHITE MINE July 16 th , 2013, Vancouver, BC, Canada – Canada Carbon Inc. (the “Company”) (TSX-V: CCB) is pleased to announce it has contracted Geotech Ltd. (“Geotec h”) of Aurora, Ontario to complete a helicopter airborne Versatile Time Domain Electromagnetic (VTEM Plus) a nd Horizontal Magnetic Gradiometer Geophysical Survey on its 100% owned historical Miller Lump/Vein Graph ite Mine located 80 kilometres (“km”) west of Montreal near Grenville, Quebec. A total of 335.9 l ine km of geophysical data should be acquired. The airborne survey will be flown at 100 metre line spacing on the property with 50 metre line spacing surrounding the 2.3 km 2 of the Miller Mine pit area. The equipment and crew have begun mobilizing to the historic Miller Graph ite mine project on July 13 th , 2013. The data acquisition phase of the project w ill take place the following week. A Preliminary Map will be available for examination w ithin 48 hours of the data acquisition. All maps, d ata and report are expected within six (6) weeks of the completion of the data acquisition.
R. Bruce Duncan, Interim CEO & Director of Canada C arbon stated, “We are extremely pleased to be worki ng with Geotech Ltd. a leader in the airborne geophysi cal surveying field. These state of the art VTEM ai rborne surveys will be key in establishing high priority d rill targets and expanding our base of knowledge on the historic Miller lump/vein graphite mine.” Mr. Duncan furthe r states, “Shallow graphite rich bodies at and near surface are extremely conductive and the depth, location, and o rientation can be identified using VTEM surveying technology. We anticipate the assay results from ou r recently completed sampling program and initial g raphite purity test shortly.”
Previous EM surveys utilizing the IMAGEM ground sur vey done on the property, generated 17 anomalies. The VTEM plus System is excellent for locating discrete conductive anomalies as well as mapping lateral an d vertical variations in resistivity. The system offers penet ration through conductive covers, spotting of drill targets from the results, excellent resistivity discrimination and detection of weak anomalies.
Upon completion of the airborne survey Geotech will generate anomaly picking maps, resistivity depth s ections, EM Plate Modeling using EMIT Maxwell and 3D resisti vity depth voxels on a detailed grid. Those produc ts will facilitate a detailed interpretation of the results of the survey.
About Geotech Ltd
Geotech’s VTEM plus Time Domain EM system is excellent for locating di screte conductor as well as mapping lateral and vertical variations in resistivity. It is equipped with a high-sensitivity magnetic gradio meter for mapping geologic structure and lithology. VTEM plus offers the industry’s highest signal/noise ratio a nd spatial resolution of conductors and unparalleled depth of investigation. Geotech is a leading innovator in th e airborne electromagnetics industry through the development of new and progressive airborne geophysical technologies.
A carbon sciences company
Rémi Charbonneau, Ph.D., P. Geo #290 (an Associate of Inlandsis Consultants s.e.n.c.) is an Independen t Qualified P erson under National Instrument 43 provided 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 by a gravel road to the deposit allowing very easy access. A power line also crosses the property 500 metres south of the deposit. There is no certainty that further exploration will result in the development of simi
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 performance and reflect management’s current expect ations and assumptions.
current beliefs and are based on assumptions made b y and in these forward looking statements are neither promis es nor guarantees, and are subject to risks and unc ertainties that may cau results to differ materially from those expect ed. 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 Rémi Charbonneau, Ph.D., P. Geo #290 (an Associate of Inlandsis Consultants s.e.n.c.) is an Independen t erson under National Instrument 43 -101, and has reviewed and approved the technical in formation 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 metres from the deposit, is connected road to the deposit allowing very easy access. A power line also crosses the property 500 metres south There is no certainty that further exploration will result in the development of simi
[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 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 current beliefs and are based on assumptions made b y and in formation currently available to the Company. Inves tors are cautioned that these forward looking statements are neither promis es nor guarantees, and are subject to risks and unc ertainties that may cau ed. 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 ).
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 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 0 metres from the deposit, is connected road to the deposit allowing very easy access. A power line also crosses the property 500 metres south There is no certainty that further exploration will result in the development of simi lar 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 formation currently available to the Company. Inves tors 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