Galaxy Graphite is pleased to announce that a two-phased summer field program has returned very encouraging sample results on its Brownell Lake, SK gold project. Following the Phase I program consisting of prospecting and sampling (soils and outcrops), as well as ground geophysics (VLF/magnetometer), Phase II included detailed outcrop sampling with diamond-saw cut channel samples, over prospective zones identified in [...]
Galaxy Graphite is pleased to announce that very encouraging sample results have been received for the Phase I program on its Brownell Lake, SK gold project. After a preliminary review of those results, a second phase of field work is now underway. The Phase I program consisted of detailed mapping and sampling (soils and outcrops), as well as ground geophysics (VLF/magnetometer). Samples were taken on a 50x50 meter grid [...]
Galaxy Graphite is pleased to announce drilling has commenced on the SUN graphite project, located 125 km northeast of Baie-Comeau. Drilling will consist of 2500 - 3000 metres, with holes typically being 75 - 125 m in depth (25-30 holes in total). The drilling has been contracted to Forage Val d'Or and the program will be managed by Consul-Teck of Val d'Or, QC.
Drilling will focus on two target areas identified in the [...]
Galaxy Graphite is pleased to announce that it has successfully completed a Phase 1 exploration program on the Laurier Graphite Project, Ontario. The work performed has verified the reports from historic work on the property, and demonstrates the presence of a zone of high grade graphite mineralization, with grades up to 22% graphite. Work was restricted to only a small area of the property to corroborate information from [...]
Galaxy Graphite is pleased to announce that it has receive a permit from the Quebec Ministere des Ressources naturelles et de la Faune to allow drilling to proceed on the SUN graphite project, located 125 km northeast of Baie-Comeau. Drilling will consist of 2500 - 3000 metres, with holes typically being 75 - 125 m in depth (25-30 holes in total). The program is expected to commence on or about August 24, 2012 and last [...]
Galaxy Graphite is pleased to announce that it has commenced field work on its Brownell Lake gold property, located approximately 100 km E of La Ronge. The work program will include line cutting, ground geophysics (VLF/Mag), mapping, prospecting and soil sampling. This work will be managed by Mackevoy Geosciences Ltd of Williams Lake, BC. This Phase 1 work program is expected to be completed by the end of July, 2012, with [...]
Galaxy Graphite is pleased to announce that it has commenced field work on its Laurier graphite property, located approximately 40 km SE of North Bay. Initial work will include line cutting and ground geophysics (VLF/Mag). This work will be carried out by Meegwich Inc of Temagami, ON. This will be followed by a prospecting, mapping and sampling program. This work is expected to be completed by the end of June, 2012.
Galaxy Graphite is pleased to announce that it has commenced field work on its SUN graphite property, located approximately 125 km NW of Baie-Comeau, Quebec. This Phase 1 work program will consist of prospecting, mapping and sampling, and will be completed by early July, 2012. The work will be performed by Consul-Teck Exploration Inc of Val d'Or, QC.
Galaxy Capital is pleased to announce that it has completed a helicopter-borne electromagnetic and magnetometer survey on its Buckingham property, 40 km east of Ottawa. The survey was flown by Geo Data Systems GDS Inc., of Laval QC. It consisted of 162 line kilometers of flying using a Eurocopter EC 120B helicopter. Data was collected using the ProspectTEM Time-Domain EM system as well as a Geometrics Cesium split-beam [...]
Galaxy Capital is pleased to announce that shareholders at the Company's Annual General Meeting held on May 24, 2012 passed a resolution authorizing the Company to change its name to Galaxy Graphite Corp. An application has been made to the TSX-V for their consent to the change of name. The Company's shares will commence trading under the new
Galaxy Capital is pleased to announce that it has signed an agreement to acquire a 100-per-cent interest in the Laurier Graphite Property, Ontario. The Laurier Graphite property is located in Laurier Township, ON, approximately 40 km SSE of North Bay, ON. The property is located in the highly prospective Central Metasediment
The following news release replaces that which was disseminated on March 26, 2012 at 2:37 PM ET. The details of the warrants were incorrectly stated in the first paragraph. The release below has the corrected details.