During the last drilling program, approximately 2,800 metres ('m') were drilled at the LAB (Zone 3) and Standard properties. Most of the holes were shallow (less than 60 m) to test the immediate depth and thickness of the graphite mineralization that was exposed during trenching. Below are the key highlights of the drilling results.
Zone 3 Key Highlights
Drill Hole LB22-33 intersected 6.26% graphitic carbon (Cg) over 13.7 m starting at 14.0 m drilled depth, including 11.95% Cg over 4.7m at 14 m;
Drill Hole LB22-45 intersected 9.09% Cg over 8.0 m at 68 m;
Drill Hole LB22-52 intersected 7.17% Cg over 9.0 m at 36 m;
Standard Key Highlights
Drill Hole ST23-10 intersected 5.11% graphitic carbon (Cg) over 20.5 m starting at 39.0 m drilled depth, including 6.7% Cg over 9.0 m at 41 m;
Drill Hole ST23-11 intersected 7.44% Cg over 13.0 m at 31 m;
Drill Hole ST23-13 intersected 8.99% Cg over 11.3 m at 4.2 m, and 7.65% Cg over 13 m at 56 m;
Drill Hole ST23-05 intersected 5.79% Cg over 14.0 m at 4.6 m and Drill Hole ST23-07 intersected 5.5% Cg over 8.5 m at 17 m.
Zone 3 is one of the eight target areas identified from the 2015 airborne high-resolution magnetic (MAG) and time-domain electromagnetic (TDEM) survey completed on the LAB property. Given the strong drill results obtained, this spring exploration program will focus again on Zone 3 and investigate the possible expansion of the zone primarily towards the north with surface trenching, sampling and geological mapping. At the
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