Goldcore to build Lithion Ion Batteries
2200 – 1250 Rene Levesque Blvd. Montreal, QC, H3B 4W8
Phone: (438) 469-0705
#1100 - 1111 Melville Street, Vancouver, BC, V6E 3V6
Phone: (604) 343-7740
EMail: [email protected]/
Website: www.goldcoreresources.com
Goldcore to build Lithion Ion Batteries
February 4th, 2021, VANCOUVER, B.C. Goldcore Resources Ltd (TSX-V: GEM, FSE: BK2P,
WKN: A2QENP) (“Goldcore” or the “Company”) is pleased to announce that ProGraphite GmbH
(“ProGraphite”), one of the world’s leading graphite R&D Laboratories located in Germany, is under
contract by Goldcore Resources Ltd. to build several sample Lithium Ion Batteries using graphite from
the Company’s Berkwood Graphite deposit.
In August 2019 Berkwood Graphite samples were shipped to ProGraphite and numerous tests were
conducted. ProGraphite has confirmed that Berkwood graphite is unique in that it is very high grade
and course compared to generally available graphite from present world producers. Test results
demonstrated its excellent qualities for various commercial uses including, expandability, and that it
is easily purified to 99.95% using a standard alkaline process instead of using environmentally
dangerous Hydrofluoric Acid, which is currently how the majority of the worlds battery grade graphite
is purified.
This environmentally friendly process will allow Goldcore to produce battery grade graphite using a
clean energy process and reduce the carbon footprint of the purchasers of Berkwood Graphite. Clean
energy and reducing carbon footprint are first and foremost for electric vehicle battery producers. Not
only is Berkwood graphite providing a clean energy alternative to the manufacture of electric vehicles
but it is being done so within North America.
Tom Yingling, President and CEO states, “I am very pleased to be one of the first North American
graphite companies to actually build sample lithium Ion Batteries from its own Graphite. As a leading
specialist in Graphite, ProGraphite is one of only a few laboratories in the world that have the
technology and expertise to create Goldcore’s first Lithium Ion Battery. The world is demanding
clean energy and reducing carbon footprints. Goldcore’s graphite is unique as it has shown that it
can be easily purified without using Hydrofluoric acid, which is how the majority of the worlds
Graphite is purified now. Not only is t he Berkwood Graphite “Greener” it is also higher grade and
courser compared to generally available graphite from present world producers. In addition to world
class Graphite Goldcore shareholders also benefit from an excellent share structure with only
approximately 33 million shares outstanding.”
About the Company: Goldcore Resources is managed by a team with over 150 years collectively
with a proven track record of not just finding numerous mines but building and operating them too.
The Goldcore managem ent team’s most recent success is the discovery of the Berkwood Graphite
resource in Northern Quebec. Goldcore owns this asset 100 percent and the Company’s shareholders
will benefit from this asset as the demand for Graphite for electric vehicles increases significantly.
On Behalf of the Board of Directors
Goldcore Resources Ltd.
‘Thomas Yingling’
President, CEO & Director
FOR MORE INFORMATION, PLEASE CONTACT:
Investor Relations:
or 1-604-343-7740
[email protected] www.goldcoreresources.com
Disclaimer for Forward-Looking Information:
Certain statements in this release are forward-looking statements, which reflect the expectations of management. Forward-looking statements consist
of statements that are not purely historical, including any statements regarding beliefs, plans, expectations or intentions regarding the future. Such
statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained
in the statements. No assurance can be given that any of the events anticipated by the forward-looking statements will occur or, if they do occur, what
benefits the Company will obtain from them. These forward-looking statements reflect management’s current views and are based on certain
expectations, estimates and assumptions, which may prove to be incorrect.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release .