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 TO COMMENCE DIAMOND DRILL PROGRAM AT “MILLER” HYDROTHERMAL LUMP-VEIN GRAPHITE DISCOVERY August 6 th , 2013, Vancouver, BC, Canada – Canada Carbon Inc. (the “Company”) (TSX-V: CCB) is pleased to announce it has contracted George Downin g Estate Drilling Ltd. of Grenville-sur-la-Rouge, Q uebec to complete at least 350 meters (m) of NQ sized diamon d drill holes (DDH). The meterage will be divided in eight
- (8) shallow holes to test the graphitic veins previ ously disclosed (see press release dated July 25 th 2013) at depth and along both its north and south extensions. The work is expected to begin during the week of Augus t 5 th and completed within a week’s time.
Initial structural studies indicate that the veins belong to the regional NW Grenvillian fault system and, therefore, the Company believes this graphite-bearing faulting system could extend to considerable depth.
One DDH will be used to test the longitudinal conti nuity of the main vein and of the mineralized struc ture at depth by drilling it down dip through the vein. Th ree (3) DDH will test the continuity of the main ve in by intersecting the extension of the vein at depths of 10m, 20m and 50m. The lat ter DDH’s targeting 50 m depth is also expected to intersect the extension of the oth er smaller graphite veins that run parallel or at a 60 degrees angle to the main vein found. The four (4) remaini ng DDH holes will target the northwest and southeas t extension of the main vein at a depth to be determined from results of the previous DDH.
R. Bruce Duncan, Interim CEO & Director of Canada C arbon Inc. stated, “We are very pleased to have ret ained George Downing Drilling to conduct the initial dril l testing of our Miller high purity hydrothermal gr aphite discovery. Drilling will be underway shortly and wi ll focus on testing several of our 17 recently iden tified EM anomalies. Drill testing the extension of the graph ite vein system will allow an estimation of the qua ntity of vein material present within this particular area of the Miller Property. We also anticipate the results fr om our recently flown VTEM airborne survey to provide extensive ins ight into new prospective areas of interest on the Miller property.”
Core splitting and sampling will be done on site and sent to Actlab of Ancaster, Ontario. Analysis of samples will be for graphitic carbon (Cg). Duplicate samples wi ll also be submitted to comply with the Company’s Q AQC program. The remainder of the core will be tagged and stored on site.
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 43-101, and has reviewed and approved the technical informa tion provided in this news release.
A carbon sciences company
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 ad equacy or accuracy of this release.”
FORWARD LOOKING STATEMENTS: events or future performance and reflect management ’s current expectations and assumptions. statements reflect management’s current beliefs and are based on assumptions made by and in the Company. Investors are cautioned that these for ward looking statements are neither promises nor gu arantees, and are subject to risks and uncertainties that may cause f uture results to differ materially from those expec t looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Compan does not assume any obligation to update or revise them to reflect new events or circumstances. statements made in this press release are qualified by these cautionary statements and by those made i n our filings with SEDAR in Canada (available at www.sedar.com 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 ad equacy or accuracy of this release.”
FORWARD LOOKING STATEMENTS: This news release contains forward- looking statements, which relate to future events or future performance and reflect management ’s current expectations and assumptions. statements reflect management’s current beliefs and are based on assumptions made by and in formation currently available to the Company. Investors are cautioned that these for ward looking statements are neither promises nor gu arantees, and are subject to risks and uncertainties that may cause f uture results to differ materially from those expec t looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Compan does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forw statements made in this press release are qualified by these cautionary statements and by those made i n our filings with www.sedar.com ).
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 looking statements, which relate to future events or future performance and reflect management ’s current expectations and assumptions. Such forward-looking formation currently available to the Company. Investors are cautioned that these for ward looking statements are neither promises nor gu arantees, and are subject to risks and uncertainties that may cause f uture results to differ materially from those expec t ed. These forwardlooking statements are made as of the date hereof and, except as required under applicable securities legislation, the Compan y All of the forw ard-looking statements made in this press release are qualified by these cautionary statements and by those made i n our filings with