SRG Graphite Files NI 43-101 Technical Report for Previously Announced Lola Graphite Deposit Maiden Mineral Resource Estimate
SRG Graphite Inc.
1320 Graham, Suite 132
Ville Mont-Royal, Québec
H3P 3C8
NR2018-03
FOR IMMEDIATE RELEASE
SRG Graphite Files NI 43-101 Technical Report for Previously
Announced Lola Graphite Deposit Maiden Mineral Resource Estimate
Montreal, Quebec, February 7, 2018 – SRG Graphite Inc. (TSXV: SRG) (“SRG” or the
“Company”) today announced that it has filed a National Instrument 43 -101 ("NI 43 -101")
Technical Report supporting the initial resource estim ate for its 100% -owned Lola Graphite
Deposit located in the Republ ic of Guinea, as reported in SRG’s news release dated December
22, 2017.
The maiden mineral resource estimate includes a pit-constrained indicated resource of 4.0 million
tonnes (“Mt”) grading 5.7% graphitic carbon (“Cg”) and an inferred resource of 4.6 Mt grading
6.5% Cg, using a cut-off grade of 3.0% Cg. Mineral resources were based on 172 boreholes for
4,936 meters drilled prior to the reference date of September 30th, 2017.
The NI 4 3-101 Technical Report was prepared by consultant Ghislain Deschenes, P. Geo, of
Montréal-based Met-Chem, a division of DRA Americas Inc. Mr. Deschenes is a Qualified Person
(“QP”), independent of SRG Graphite, within the meaning of NI 43-101 – Standards of Disclosure
for Mineral Projects of the Canadian Securities Administrators.
The Lola Graphite Project is under the direct supervision of Marc -Antoine Audet, P.Geo., and a
QP as defined by National Instrument 43-101.
The NI-43-101 Technical Report may b e referenced on SRG’s website at www.srggraphite.com
and on SEDAR at www.sedar.com.
ABOUT SRG
SRG is a Canadian -based company focused on developing the Lola graphite deposit located in
the Republic of Guinea, West Africa. SRG is committed to operating in a socially, environmentally
and ethically responsible manner.
For additional information, please visit SRG’s website at www.srggraphite.com.
For more information contact:
Benoit La Salle, Executive Chairman
Tel.: +1 (514) 951-4411
Ugo Landry-Tolszczuk, Eng., CFA, President & COO
Tel.: +1 (514) 679-4196
Email: [email protected]
PRESS RELEASE
2
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of
the TSXV) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements
This pr ess release contains "forward -looking information" within the meaning of Canadian
securities legislation. All information contained herein that is not clearly historical in nature may
constitute forward -looking information, including references to the plan s and project of the
Company such as proceeding with production at the Company’s Lola Project, proceeding with
exploration activities on its permits including Lola and Gogota. Forward -looking information is
subject to known and unknown risks, uncertainties and other factors that may cause the actual
results, level of activity, performance or achievements of the Company to be materially different
from those expressed or implied by such forward-looking information, including but not limited to:
(i) volatile stock price; (ii) the general global markets and economic conditions; (iii) the possibility
of write -downs and impairments; (iv) the risk associated with exploration, development and
operations of mineral deposits; (v) the risk associated with establishing title to mineral properties
and assets; (vi) fluctuations in commodity prices; (vii) the risks associated with uninsurable risks
arising during the course of exploration, development and production; (viii) competition faced by
the issuer in securing purch asers, offtakers markets, clients and experienced personnel and
financing; (ix) access to adequate infrastructure to support mining, processing, development and
exploration activities; (x) the risks associated with changes in the mining regulatory regime
governing the issuer; (xi) the risks associated with the various environmental regulations the
issuer is subject to; (xii) risks related to regulatory and permitting delays; (xiii) risks related to
potential conflicts of interest; (xiv) the reliance on key personnel; (xv) liquidity risks; (xvi) the risk
of litigation; and (xvii) risk management.
Forward-looking information is based on assumptions management believes to be reasonable at
the time such statements are made, including but not limited to, continu ed exploration activities,
no material adverse change in metal prices, exploration and development plans proceeding in
accordance with plans and such plans achieving their stated expected outcomes, receipt of
required regulatory approvals, and such other a ssumptions and factors as set out herein.
Although the Company has attempted to identify important factors that could cause actual results
to differ materially from those contained in the forward -looking information, there may be other
factors that cause r esults not to be as anticipated, estimated or intended. There can be no
assurance that such forward -looking information will prove to be accurate, as actual results and
future events could differ materially from those anticipated in such forward -looking information.
Such forward -looking information has been provided for the purpose of assisting investors in
understanding the Company's business, operations and exploration plans and may not be
appropriate for other purposes. Accordingly, readers should not place undue reliance on forward-
looking information. Forward-looking information is made as of the date of this press release, and
the Company does not undertake to update such forward -looking information except in
accordance with applicable securities laws.