Standard Graphite Corp.(TSXV:SGH) announced the discovery of a new graphite trend on its Little-Byran property. The discovery was made as part of a ground prospecting and reconnaissance program.
As quoted in the press release:
During the months of April and May 2012, Standard mandated MPH Consulting Ltd. of Toronto, Ontario to conduct a preliminary prospecting and geological reconnaissance program over its Ontario properties, Black Donald and Little-Bryan. The objective was to sample and evaluate the known graphite occurrences, as well as locating outcrops along the conductive trends highlighted during the property-scale airborne geophysical surveys completed in January of 2012.
Standard Graphite, President and CEO, commented:
This new discovery at Little-Bryan confirms that we have selected the optimal approach to our exploration. The airborne TDEM survey proved its great effectiveness at tracing known mineralization and outlining new targets. With only 13 samples collected on the new North trend thus far, this leaves ample room along the five (5) kilometre trend for a potential high-grade discovery, while the South trend delivered some outstanding results with grades up to 9.81% Cg.