SRG Reports Successful Processing of 200t at SGS Lakefield Pilot Plant Research Agreement with McGill University for Graphite Processing Innovation
SRG Reports Successful Processing of 200t at
SGS Lakefield Pilot Plant
Research Agreement with
McGill University
for Graphite Processing Innovation
MONTREAL
,
April 9, 2019
/CNW Telbec/ -
SRG Graphite Inc.
(TSXV: SRG) ("SRG" or the
"Company") is pleased to report the results of its 200-tonne ("t") piloting project at SGS Canada.
From the 200t processed, 12.8t of graphite flakes were produced at an average grade of 96.8%
total carbon ("Ct"). With this graphite in hand, the Company will be better positioned to secure
offtake agreements as it continues its sales efforts with its various clients in
North America
,
Europe
,
and
Asia
.
Figure 1 – Well locations for the 200t sampling for the pilot plan (CNW Group/SRG Graphite)
The Company is also pleased to announce that a 3-year research agreement has been signed with
McGill University
to further develop its graphite processing techniques. Areas of study will include
conventional mineral processing technologies and the application of new or existing hydrochemical
processes to further purify graphite flakes.
Pilot plant results:
In 2018, the Company extracted 200t of surface mineralised material throughout the Lola Graphite
deposit and sent it to SGS Canada for processing. The purpose of this piloting was to produce
graphite flakes of various size fractions for business development as well as to validate the
metallurgical response of surface mineralised material. Figure 1 provides a map of the pits sampled
to collect the 200t of material. Achieved results are summarized below:
200t of material were processed at SGS Canada;
12.8t of graphite flakes were produced, excluding samples removed for tests;
Graphite flakes are at an average grade of 96.8% Ct;
Flake distribution of:
13% +48mesh;
26% +80mesh;
12% +100mesh;
49% <100mesh;
Flotation recovery of 85%.
"The successful processing of 200t of material from our deposit was an important validation of the
metallurgical response of the Lola Graphite mineralised material. In addition to our metallurgical
laboratory on site at Lola, the resulting 12.8 tonnes of graphite flakes from the piloting will contribute
to the marketing of our product. We are now in a position to provide large quantities of our product
to clients interested qualifying our graphite flakes in their manufacturing process", said Raphaël
Beaudoin, VP Operations.
Research agreement with
McGill University
Given graphite is a key component of lithium-ion batteries and part of the fast-growing energy
metals space, SRG is constantly evaluating how to be ahead of the industry on mineral processing in
a sustainable way. By engaging with
McGill University
on a three-year research agreement, both
conventional and new processing routes will be evaluated for further graphite purification.
"This partnership agreement with McGill will help ensure we approach our process development
from every angle. As we are finalizing our mineral processing flowsheet for our feasibility study,
research with
McGill University
will focus on future process innovations," said Raphaël Beaudoin, VP
Operations.
"The department of Mining and Materials Engineering of
McGill University
is delighted to be
collaborating with SRG on optimising the flotation process of the Lola graphite deposit," said
Professor Waters. "With graphite becoming critical in many fields, not least in batteries for electric
vehicles, it is imperative that high grade graphite can be produced in a sustainable manner, and it is
excellent that SRG are of the same opinion when it comes to sustainable processing."
More information on the Mineral Processing Research Group at
McGill University
can be found at
www.mcgill.ca/minpro
The technical information in this release has been reviewed and approved by Raphaël Beaudoin, P.
Eng, VP Operation at SRG, and a "qualified person" as defined by National Instrument 43-101,
Standards of Disclosure for Mineral Projects.
ABOUT SRG
SRG is a Canadian-based company focused on developing mineral deposits 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
.
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 press 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. Generally, such forward-looking information can be identified by the use
of forward-looking terminology such as "ensure", "secure", "positioned", "demonstrate", or variations
of such words and phrases or state that certain actions, events or results "will", "may", "could",
"would" or "might". 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 and other
risks and factors described or referred to in the section entitled "Risk Factors" in the MD&A of the
Company and which is available at
www.sedar.com
, all of which should be reviewed in conjunction
with the information found in this news release.
Forward-looking information is based on assumptions management believes to be reasonable at the
time such statements are made, including but not limited to, continued exploration activities and no
material adverse change in mineral prices. 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 results 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 given 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.
SOURCE
SRG Graphite
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%SEDAR: 00008697E
For further information:
Ugo Landry-Tolszczuk P. Eng, CFA, Email: [email protected];
Benoit La Salle, FCPA FCA, Email: [email protected]
CO: SRG Graphite
CNW 07:00e 09-APR-19