Standard Graphite Corp. (TSXV:SGH,OTCQX:DARDF) announced results from the ongoing metallurgical tests on sections of drill core from the first diamond drill program on its flagship Mousseau East Deposit. The final treatment produced a concentrate with approximately 95% purity for all large and medium size fractions.
As quoted in the press release:
Three (3) runs have now been completed on composite drill core samples from the main Mousseau East Deposit. The tests were carried out by gradually increasing the polishing time from 30, 45 and 60 minutes in each sample to evaluate its effects on the final product. The final treatment produced a concentrate with a purity approximating 95% for all large and medium size fractions.
Standard Graphite President & CEO Chris Bogart said:
We are extremely pleased with these initial results having achieved a commercial product using standard processing methods. Results can be expected to improve further by optimizing and customizing the processing to our material”. The three year average value of this blend of graphite concentrates is ~$1400/tonne. This has been calculated using the average of prices tracked by Industrial Minerals using their FCL, CIF European port $/tonne price for medium to large flake graphite concentrate.