Great Lakes Graphite Finds New Zone of High-grade Mineralization

Shield Gold Inc. (TSXV:SHG), operating as Great Lakes Graphite, announced that it has identified via follow-up sampling a new zone of graphite mineralization at one of its flake graphite properties located in the Buckingham area. One sample submitted for analysis returned 18.9-percent carbon as graphite.

As quoted in the press release:

The Company’s geological partner, Wolf Mountain Exploration Inc. was recently directed to carry out a field visit to collect samples from selected conductive zones that were identified by the Company’s airborne geophysical and Beep Mat surveys. This new zone of graphite mineralization was located on the Company’s Bell claim block; this group of claims is located in Lochaber Township immediately to the east of the past-producing Dickson (Québec Graphite) and Bell Mines.

Paul Gorman, CEO of Great Lakes, commented:

This high-grade mineralization is significant for the Company in that it confirms that the geophysical work carried out on the property by the Company has been capable of identifying targets that are caused by the presence of significant graphite mineralization. Given the large number of geophysical targets available to the Company for follow-up work and that only a few select targets have been geological investigated to date, this gives us great exploration potential and the best chance to move this project forward to the next stage of development.

Click here to read the full Shield Gold Inc. (TSXV:SHG) press release.