Fjordland Reports Promising Graphite Metallurgical Results for the Renzy Project
Fjordland Reports Promising Graphite
Metallurgical Results for the Renzy Project
Vancouver, British Columbia--(Newsfile Corp. - May 18, 2023) -
Fjordland Exploration Inc.
(TSXV:
FEX) (the "Company") is pleased to announce that it has received promising results from a scoping level
metallurgical evaluation of the graphite potential at its Renzy Project located northwest of Maniwaki
Quebec.
In early 2023, Fjordland engaged SGS Minerals Lakefield to test a representative graphite sample on
drill core derived from its 2022 drill program. The primary objectives of the testing were to develop a
preliminary understanding of the metallurgical response of the mineralization and to characterize the
graphite concentrate in terms of flake size distribution and total carbon grade of different size fractions.
After the third floatation test (F3), the 6th cleaner concentrate grade was 95.6% C(t) with a total carbon
recovery of 94.2%. This high concentrate grade was achieved with polishing only, which suggests that
the impurities are attached to the surface of the flakes rather intercalated. The flake size distributions of
the sample classify the product as relatively coarse with 55% of the concentrate mass reporting to the
+100 mesh size fractions. Only 5.1% of the total concentrate mass reported to the very small flake sizes
of minus 325 mesh.
James Tuer, Fjordland's President commented, "I'm very encouraged by this early metallurgical testing
on the graphite intercepts from our last drill program at Renzy. In order to decide whether further graphite
work was warranted, we wanted to make sure that there was good potential for generating a high-grade
concentrate. This now appears to be the case and we are looking at expanding the program along the
8km long geophysical signature that's coincident with the graphitic drill intercepts."
The final 2 holes of the 2022 Renzy drill program tested portions of a long surface anomaly referred to as
the "S-Conductor" located 6km south-east of the old Renzy mine. The anomaly coincides with a wide
zone of graphite mineralization tested by drill holes RZ-22-06 and RZ-22-07 that intersected 34m and
55m core lengths and averaged 0.9% and 0.7% carbon, respectively. Higher grades occurred within the
intercepts and the head grade for the metallurgical test measured 1.57% total carbon.
Table 1 : Size x Size Assays on F3 6
th
Cleaner Concentrate
Size
Weight
Assay
% Distribution
Fraction
g
%
% C(t)
C(t)
32 mesh
0.3
0.6
98.2
0.6
48 mesh
6.6
12.2
98.1
12.7
65 mesh
9.9
18.3
96.1
18.6
80 mesh
6.5
12.0
95.5
12.1
100 mesh
6.2
11.5
95.1
11.5
150 mesh
11.2
20.7
93.4
20.5
200 mesh
6.6
12.2
92.6
12.0
325 mesh
3.9
7.2
92.3
7.0
400 mesh
1.2
2.2
93.6
2.2
-400 mesh
1.6
3.0
91.1
2.9
Total Concentrate
54
100
94.7
100
(calculated)
SGS Lakefield reported that in order to evaluate the quality of the cleaner concentrates with regards to
flake size distribution and total carbon grade of the various size fractions, the final cleaner concentrates
from F2 and F3 were submitted for a size fraction analysis. The mass distribution and total carbon
grades of the various concentrate size fractions from F3 are depicted in Table 1. There is a trend of
higher grade flakes in the coarser fractions, reaching >98% C(t) in the +32 mesh fraction down to ~91%
C(t) in the finest -400 mesh fraction. All fractions at +100 mesh or coarser (the classified mesh size for
many graphite commercial processing plants) achieved >95% C(t), which is often considered an
acceptable flake grade target. Approximately 55% of the concentrate mass was in the +100 mesh
fractions, indicating fairly coarse flakes are present in the deposit.
Based on these preliminary results, the Company will concentrate on exploring for locations along the S-
Conductor where higher grades may occur. The ultimate value of a graphite deposit is a function of
grade and the coarseness of the concentrate grade. Coarser higher grade graphite material, generally
referred to as Jumbo Flake, commands significantly higher prices compared with finer concentrates.
With the recent announcements regarding the introduction of Electric Vehicle battery manufacturing
facilities being built in Bécancour, Quebec. Fjordland believes it is a good position participate in this
growth should an economic deposit be developed.
Quality assurance/quality control
Fjordland's 2022 Renzy drill program was managed by Equity Exploration Consultants Ltd. of
Vancouver, B.C., which provided qualified Quebec-registered geoscience professionals. For graphite
samples, graphitic C was determined by digesting sample in 50 per cent HCl to evolve carbonate as
carbon dioxide. Residue is filtered, washed, dried and then roasted at 425 C. The roasted residue is
analyzed for carbon by oxidation, induction furnace and infrared spectroscopy (C-IR18). ALS Minerals'
analytical laboratory in North Vancouver completed the analysis. Full QA/QC statements can be found in
press release dated October 24, 2022. Metallurgical work reported herein was completed by SGS
Lakefield in Lakefield Ontario.
About Fjordland Exploration Inc.
Fjordland Exploration Inc. is a mineral exploration company that is focused on the discovery of large-
scale economic metal deposits in Canada.
In collaboration with Commander Resources Ltd., Fjordland is exploring the SVB "Pants Lake Intrusive"
target which is in a geologic setting analogous to the nearby nickel-cobalt-copper Voisey's Bay deposit.
Fjordland has earned a 75% interest in the project.
Fjordland, owns a 100% interest in the Renzy nickel-project located near Maniwaki, Quebec. The project
encompasses the former Renzy Mine where, during the period from 1969 to 1972, 716,000 short tons
were mined with average grades of 0.70% nickel and 0.72% copper. Fjordland has staked additional
claims to increase the size of the project to 530 sq. km.
As well, Fjordland has two copper-gold properties in the Quesnel Trough of central British Columbia, The
West Milligan copper-gold project is a joint venture with Northwest Copper Corp. located within 4 km of
Centerra's Mount Milligan copper-gold mine. The 103 sq. km. Witch copper-gold project is located
another 35 km west of the Milligan mine.
Robert Cameron, PGeo, is a qualified person within the context of National Instrument 43-101 and has
read and takes responsibility for the technical aspects of this release.
ON BEHALF OF THE BOARD OF DIRECTORS
"James Tuer"
James Tuer, CEO
For further information:
James Tuer
Ph: 604-688-3415
www.fjordlandex.com
Forward-Looking Statements
This news release includes certain forward-looking statements or information.
All statements other than
statements of historical fact included in this news release, including, without limitation, statements
regarding the use of proceeds from the private placement, and other future plans and objectives of the
Company are forward-looking statements that involve various risks and uncertainties.
There can be no
assurance that such statements will prove to be accurate and actual results and future events could differ
materially from those anticipated in such statements.
Important factors that could cause actual results to
differ materially from the Company's plans or expectations include market prices, general economic,
market or business conditions, regulatory changes, timeliness of government or regulatory approvals
and other risks detailed herein and from time to time in the filings made by the Company with securities
regulators.
The Company expressly disclaims any intention or obligation to update or revise any forward-
looking statements whether as a result of new information, future events or otherwise except as
otherwise required by applicable securities legislation.
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policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this
release.
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https://www.newsfilecorp.com/release/166522