Canada Strategic Metals Report More High Grade Results With Up To 17.25% Graphite On La Loutre Property, Quebec

Arctic oil platform somewhere off Russia north-eastern coast in the Pechora Sea.Greenpeace/AFP/File Ottawa (AFP) Canadian consular officials are pressing Russia for answers about the detention of two Canadians among 30 activists held for protesting oil drilling in the Arctic, officials said Thursday. “Consular services are being provided to the two Canadian citizens,” foreign ministry spokeswoman Beatrice Fenelon told AFP. Canadian officials are also “seeking further information about the detentions from local Russian authorities,” she added. Russian border guards took control of the Dutch-flagged Greenpeace protest ship Arctic Sunrise and locked up the activists on Tuesday after they attempted to scale state energy giant Gazprom’s Prirazlomnaya oil platform in protest over exploration in the Barents Sea. The border guards fired warning shots and detained two activists under armed guard, according to Greenpeace. After sliding down ropes from helicopters, the guards seized the vessel then towed the ship to the port of Murmansk, where the activists were held for questioning. On Thursday, a Russian court ordered several of the activists detained for two months for alleged piracy, including Paul Ruzycki from Canada, and was expected to rule on the others soon. The captain of the ship, US citizen Peter Willcox, was also given the same term. The veteran activist captained Greenpeace’s Rainbow Warrior ship when it was bombed by French agents in 1985. Greenpeace said another Canadian, Alexandre Paul, was also being detained pending a court appearance in the northern port city. The non-governmental group’s Canadian office said it has requested a meeting with Canadian Foreign Minister John Baird but has not heard back. Baird has pointed to Greenpeace’s past “provocative actions on the high seas.” “Obviously, it needs to follow all the specific rules and regulations with respect to navigation,” he added.

All the samples were sent for analysis in sealed containers to the Chemex laboratory in Val-d’Or by employees of the Company. The samples are weighed and identified prior to sample preparation. The samples are crushed to 70% minus 2 mm, then separated and pulverized to 85% passing 75 m. All samples are analyzed using C-IR18, for Carbon Graphite. Management is encouraged that these new samples results that confirm again the presence of graphite, on surface, and over a large area, all of which offers great potential to develop a graphite resource on the La Loutre property. About Graphite Natural graphite comes in several forms: flake, amorphous and lump. Graphite has many important new applications including its use in lithium ion batteries, fuel cells and nuclear and solar power that have the potential to significantly increase the demand for this critical element. For instance, there is between 10 and 30 times more graphite required by weight to produce a lithium-ion battery than there is lithium. In addition, the recent discovery of a new material called graphene, which is actually derived from graphite, has also heightened interest. International research is now underway into a number of its potential applications including enhancing the speed and processing power of many modern electronic devices. This has also increased the interest in graphite. Meanwhile, global consumption of natural graphite has increased from ~600,000 in 2000 to 1.2 MM t in 2012. Demand for graphite has been increasing by approximately 5% per year since 2000 due to the ongoing modernization of China, India and other emerging economies, resulting in strong demand from traditional end uses such as the steel and automotive industries. Of the 1.2 million tons of graphite produced annually, approximately 40% is of the most desirable flake type.

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