Caribou King Resources Ltd (TSXV:CKR) announced that it has acquired two new graphite properties, St-Aimé and Calumet which are close to the Timcal graphite mine and Canada Carbon’s Miller project, respectively.
As quoted in the press release:
The St-Aimé property consists of five claims covering 169 hectares and is contiguous to the Timcal property, Canada’s only producing graphite mine at this time. The claims are located approximately 250 km north-west of Montréal, Canada and about 1 km from the Timcal Graphite Mill. The St-Aimé property hosts similar rock types to that of the Timcal mine.