Alabama Graphite Corp. (CNSX:ALP) made a new discovery on its Coosa Project, the Fixico Graphite Prospect. The Company received a preliminary mineralogical report (Graphitic Carbon Content (Cg) and Graphite Flake Size Distribution) for its new discovery. The first composite was collected from the exposed open pit at the Fixico Mine and contained 3.53% Cg. The second composite was collected 1.4km to the northeast along strike and contained 4.34% Cg.
As quoted in the press release:
The Fixico Prospect is a small historic producer located approximately a kilometer to the southeast of the Coosa Project where the Company has thus far concentrated its efforts. Recent fieldwork has confirmed that the Fixico Prospect is hosted within a separate graphitic schist horizon from that at the Coosa Project. Though these two graphitic horizons parallel each other, preliminary results suggest that differences exist with respect to the graphite mineralogy.
ActLabs conducted mineralogical analysis from two composite samples. The first composite was collected from the exposed open pit at the Fixico Mine. This sample contained 3.53% graphitic carbon (Cg). The second composite was collected 1.4km to the northeast along strike and contained 4.34% Cg.
Alabama Graphite Corp. VP Exploration, Dr. Douglas Oliver, said:
We are pleased with these preliminary mineralogical results. The Fixico horizon gives us the possibility of adding to the recently announced resource at the Coosa Project. Differences in mineralogy within the two horizons provide opportunities for tailoring products to specific end-user requirements. Our plans are to test this horizon by drilling later this year.