Northern Graphite Corp. announces that it has sold an additional 0.5% gross revenue royalty on its Bissett Creek Project to Electric Royalties Ltd. for cash consideration of CAD $950,000. ELEC had previously purchased a 1.0% GRR from the Company in 2020 such that it now holds a total 1.5% GRR on the Bissett Creek Project. In connection with the sale of the additional GRR, Northern and ELEC have entered into an amended and [...]
Northern Graphite Corp. is pleased to announce that it will be joining the Team Canada Critical Mineral Investment Mission to Europe, organized by Natural Resources Canada, Invest in Canada and Global Affairs Canada, which takes place September 26-27 in London and Paris. The two-day mission is a unique opportunity for Canadian companies with advanced exploration, processing and/or recycling projects for zero emission and [...]
Northern Graphite Corp. is pleased to provide an operating and financial summary of results for the three- and six-month periods ended June 30, 2023. The Company's Financial Statements and Management's Discussion and Analysis are available on SEDAR+ and on our website. Operational Summary for the second quarter: Graphite Sales: Graphite sales were weak over the first half of 2023 which adversely affected the Company's [...]
Northern Graphite Corp. is pleased to announce that it has entered into an agreement with Edgewater Capital Partners to extend the Company's option to acquire a stake in NeoGraf Solutions, LLC . With this six-month extension, Northern has the option to acquire an effective 50.1% voting interest and a 33.3% equity interest in NeoGraf. Northern also has an option to increase its interest up to 100%, at a later date, subject [...]
New Plan Indicates Reduced GHG Emissions, Improved Sustainability and Enhanced Expansion Potential Move Supports Northern's Strategy to be a Competitive Supplier to Battery Anode Material Markets Northern Graphite Corp. is pleased to announce the results of a new preliminary economic assessment that evaluated moving the processing plant for its Namibian operations located at Okorusu to the Okanjande mine rather than [...]
Northern Graphite Corp. announces that as a result of a review by staff of the Ontario Securities Commission , it has filed an amended version of the technical report dated July 1, 2022 entitled "Okanjande Graphite Project Preliminary Economic Assessment Study Report" relating to the preliminary economic assessment for its Okanjande, Namibia graphite project and has amended certain parts of its investor materials and is [...]
Northern Graphite Corp. is pleased to announce initial drill results from its Lac des Iles mine that point to the potential to extend the life of North America's only significant graphite producer. Northern embarked on the new drilling program within the existing mine lease at Lac des Iles in May after a detailed review of historical studies and mine plans, and an airborne geophysical program identified a number of target [...]
Northern Graphite Corp. is pleased to announce that it has signed a letter of intent with the city of Baie-Comeau to purchase land for a 200,000 tonne per year Battery Anode Material plant as it advances plans to supply anode material to lithium-ion battery manufacturing plants throughout North America. The LOI, which is subject to financing and receipt of regulatory approvals, gives Northern the right to purchase a 1.2 [...]
Northern Graphite Corp. is pleased to announce that it will be joining a Partnership Development Activity delegation to the United Kingdom on Critical Minerals from June 26-29. The delegation is organized by the High Commission of Canada in London, UK, and funded by the Trade Commissioner Service through the Canadian International Innovation Program. The delegation will bring together private sector and government leaders [...]
Northern Graphite Corp. comments on news reports that Namibia, home to the Company's Okanjande graphite project, has banned the export of unprocessed lithium and other critical minerals. "We have consulted with the Ministry of Mines and Energy of Namibia, and we have been assured that this ban only applies to unprocessed ore and as such should have no bearing on our plans to mine and process graphite bearing resources [...]
Northern Graphite Corp. is pleased to provide an operating summary and financial highlights for the three month period ended March 31, 2023. The Company's Financial Statements and Management's Discussion and Analysis are available on SEDAR and on our website. Operational Highlights for the first quarter include: Mine-to-Market Strategy: The Company announced its mine-to-market strategy which consists of developing one of [...]
Northern Graphite Corp. is pleased to announce the start of a new drill program at its Lac des Iles property that is designed to explore previously untested areas of the property with the objective of extending the life of what is the only significant producing natural graphite mine in North America. Located in Quebec, 180 kilometres northwest of Montreal, the Lac des Iles graphite mine has been in operation for over 20 [...]
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