Strike Graphite is pleased to report drill results for the spring 2012 exploration program at the Simon Lake Graphite Property, located in north-central Saskatchewan. Blair Way, CEO remarks, "These initial drill hole results are very exciting and continue to verify our interpretation of continuity for the 25 k strike length of the EM conductor. The high graphitic carbon content and potential scale of the Simon Lake [...]
Strike Graphite is pleased to provide an update on exploration activities at the Simon Lake Property, located in north-central Saskatchewan. To date, the company has completed drilling two diamond drill holes within the historic Simon Lake trend, and has commenced drilling of a third drill hole located along the same conductive trend approximately 10 km to the southwest of Simon Lake. The company is pleased to announce [...]
Strike Graphite is pleased to announce that it has intersected graphitic gneisses on the first hole at the Company's Simon Lake Property. Thus far, Graphite mineralization has been encountered at the beginning of the hole, with the most abundant intercepts occurring from 10.2 to 23.9 metres; followed by a second graphitic zone from 45.7 to 69.5 metres. A third graphitic zone from 93.5 to 102.2 metres (8.7m interval) was [...]
Strike Graphite is pleased to announce the following appointments to its Advisory Board: Mr. Janik has over 20 years' experience in the mining industry. He has extensive experience in quality control, mine planning/tailings deposition, production, project management, process improvement, and permitting and new product development. Mr. Janik holds dual diplomas in geology and mineral processing from Sir Sandford Fleming [...]
Strike Graphite is pleased to announce that it has begun mobilizing field crews to commence an exploration drill program at its wholly owned Simon Lake Graphite Property, located in Northeastern Saskatchewan. Drilling is anticipated to begin on or about April 24, and expected to require from 35 to 40 days to complete. The exploration will test both historic showings and those identified from the recently completed VTEM [...]
Strike Graphite is pleased to announce that it has begun mobilizing field crews to commence an exploration drill program at its wholly owned Simon Lake Graphite Property, located in Northeastern Saskatchewan. Drilling is anticipated to begin on or about April 24, and expected to require from 35 to 40 days to complete. The exploration will test both historic showings and those identified from the recently completed VTEM [...]
Strike Graphite is pleased to announce it has received exploration drill permits for its Simon Lake Property, located in northern Saskatchewan. The permit will allow the Company to begin the ground exploration on the approximately 25 km long conductive horizon that was recently confirmed with a high-resolution airborne TDEM survey. The next stage of exploration is designed to accomplish the following:
Strike Graphite is pleased to announce that Geotech Ltd. has completed the previously announced helicopter-borne VTEM - Electromagnetic Survey of its Deep Bay East Graphite property located within north eastern Saskatchewan. Preliminary data from the VTEM survey has highlighted a strong conductive horizon associated with the known graphite mineralization at Deep Bay East, and extending well beyond the known limits of the [...]
Strike Graphite is pleased to announce that Geotech Ltd. has completed the previously announced helicopter-borne VTEM - Electromagnetic Survey of its Simon Lake Graphite property located within north eastern Saskatchewan. Preliminary data from the VTEM survey has highlighted a strong conductive horizon associated with the known graphite mineralization at Simon Lake, and extending well beyond the known limits of the [...]
Strike Graphite is pleased to announce that it has signed an agreement to acquire a 100-per-cent interest in the Wagon Graphite Property located in southwestern Quebec. The Wagon Property consists of three separate claim blocks totaling approximately 3,000 hectares situated within the vicinity of Timcal's Lac des Iles Graphite Mine, 150 km northwest of Montreal. Lac des Iles is the largest of two Canadian graphite [...]
Strike Graphite Corp. is pleased to announce that it has closed its private placement of 7,357,715 units at $0.175 per unit for total gross proceeds of $1,287,600. Each unit consists of one common share and one-half of one transferable share purchase warrant, each whole warrant exercisable into one common share for a period of two years at a price of $0.25 per share.
Strike Gold Corp. announces that further to its news release of January 12, 2012, it has increased its financing by $277,500. Accordingly, the Company intends to sell 7,300,000 units at $0.175 per unit for total gross proceeds of $1,277,500. Proceeds of the placement will be used for exploration and development of the Company’s graphite assets in Saskatchewan and for general working capital.
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