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SRG's Metallurgical Testwork Under Way Piloting and Bulk Samples On Its Way

Metallurgy & Processing

SRG's Metallurgical Testwork Under Way

Piloting and Bulk Samples On Its Way

MONTREAL

,

Sept. 24, 2018

/CNW Telbec/ -

SRG Graphite Inc.

(TSXV: SRG) ("SRG" or the

"Company") announces today that SGS Canada (

Lakefield

) ("SGS") was selected for metallurgical

testwork, flowsheet validation, piloting testwork, and bulk concentrate production for the Lola

Graphite Project in

Guinea

,

West Africa

. Metallurgical testwork began a month ago, and bulk

concentrate production is set to begin in the coming weeks.

The Lola Project Team putting the 200 tonnes of mineralized material on the truck towards the

Conakry port. (CNW Group/SRG Graphite)

The testwork is conducted on a 1.5-tonne representative sample of mineralized material from the

deposit, under the supervision of

Oliver Peters

of Metpro and Volodymyr Liskovych of DRA. This

testwork will be completed by the end of Q4 2018, and its results will be key inputs in the process

design for the Lola graphite plant.

An additional 200 dry tonnes of mineralized material from the deposit is currently on its way to SGS

for concentrate production. Once produced, several tonnes of graphite concentrate will be available

to the Company, ready for shipment to prospective clients as part of its sales strategy. Intermediate

concentrate will also be produced and sent to suppliers as part of the vendor tests to further

increase confidence in the equipment selected in the feasibility study. The 200 dry tonnes of

mineralized material departed

Guinea

, via ship, in early September and is estimated to arrive in

Lakefield

by late October.

"We are extremely pleased to see that everything is going according to plan," said Raphaël

Beaudoin, P.Eng., VP Operations, Metallurgy and Process Design. "The testwork is essential to the

completion and validation of the process design. Furthermore, successful concentrate production will

increase confidence in our flowsheet design. Both activities go towards completing our feasibility

study on time."

ABOUT SGS

CANADA

(

LAKEFIELD

)

SGS

Canada

began in 1948 as a specialist provider of services for the agricultural industry. Today,

their operations across

Canada

have rapidly evolved into a highly technical service provision and are

known across the world for excellence in exploration and mining.

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 material contained herein that is not clearly historical in nature may constitute forward-

looking information, including references to the plans and project of the Company, such as

proceeding with production at the Company's Lola Project or proceeding with exploration activities

on its permits, including Lola and Gogota. Generally, such forward-looking information can be

identified by the use of forward-looking terminology and phrases or can state that certain actions,

events, or results "expect," "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.

Forward-looking information is based on assumptions management believes to be reasonable at the

time such statements are made. 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. 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. Additional information on these and other factors that could affect SRG's

operations and financial results are included in reports on file with Canadian securities regulatory

authorities and may be accessed through the SEDAR website (

w

ww.sedar.com

).

SOURCE

SRG Graphite

View original content to download multimedia:

http://www.newswire.ca/en/releases/archive/September2018/24/c7627.html

%SEDAR: 00008697E

For further information:

Ugo Landry-Tolszczuk, Tel: +1 (514) 679-4196, Email:

[email protected]; Benoit La Salle, FCPA FCA, Tel: +1 (514) 951-4411, Email:

[email protected]

CO: SRG Graphite

CNW 07:00e 24-SEP-18