VANCOUVER, Aug. 23, 2023 - Reflex Advanced Materials Corp. (CSE: RFLX), (OTCQB:RFLXF), (FSE:HF2) ("Reflex" or the "Company"), is pleased to announce that six members of the United States Geological Survey (USGS) have conducted a site visit in August 2023 to verify historical data related to the Ruby Graphite project (the, "Project"). The focus of the site visit was the past producing mine within the Company's Ruby Graphite Project, which was operated by the Crystal Graphite Company in the 1940's.
The Ruby Graphite project, located near Dillon, Montana, has garnered significant attention in recent years due to its potential as a valuable source of high-purity graphite within the continental United States. Given the historical significance and the potential economic impact of the project, the USGS has taken an active interest in conducting a comprehensive verification of the historical data.
During the site visit, the USGS team assessed and evaluated information related to the past producing mine, which involved reviewing existing records, examining physical infrastructure, and conducting geological assessments. The team analyzed available data to compare it to the historical records to ensure accuracy and reliability.
"We were thrilled to welcome the USGS team to our Ruby Graphite project," said Paul Gorman, CEO of Reflex Advanced Materials Corp. "Their legitimacy, expertise and thorough evaluation will help validate the historical data and provide further confidence in the project's potential. This site visit represents a significant milestone for us and underscores our commitment to transparency and scientific rigor."
The verification process conducted by the USGS is expected to offer valuable insights into the historical operations of the Crystal Graphite Company and shed light on the geologic characteristics and potential of the Ruby Graphite project. The findings from the site visit will aid Reflex Advanced Materials Corp. in refining its exploration and development strategies moving forward.
For more information on Reflex Advanced Materials Corp. and its mineral projects, please visit the Company's website at www.reflexmaterials.com.
ON BEHALF OF THE BOARD OF DIRECTORS,
Paul Gorman
CEO & Director
Reflex Advanced Materials Corp.
info@reflexmaterials.com
Tel. (778-837-7191)
Suite 915-700 West Pender Street
Vancouver, BC V6C 1G8
Canada
About Reflex Advanced Materials
Reflex Advanced Materials Corp. is a mineral exploration company based in British Columbia. Its objective is to locate and, if warranted, develop economic mineral properties in the strategic metals and advanced materials space. It is focused on improving domestic specialty mineral infrastructure efficiencies to meet surging national demand by North American manufacturers. The Company is working to advance its Ruby Graphite Project, located in Beaverhead County, Montana, and ZigZag Lake Lithium Property, located in Thunder Bay Mining Division, Crescent Lake Area, Ontario.
For more information, please review the Company's filings available at www.sedar.com.
Forward-Looking Statements
This news release contains certain forward-looking statements within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, are "forward-looking statements." These forward-looking statements reflect the expectations or beliefs of management of the Company based on certain key expectations and assumptions made by the Company, including (without limitation) expectations and assumptions concerning the business plan of the Company, exploration and development of the Company's assets, the application of regulatory and licensing requirements, and the availability of capital, labour and services.
By their nature, such forward-looking statements are subject to a number of risks and uncertainties which could cause the actual results and expectations to differ materially from the anticipated results and expectations expressed. These risks and uncertainties include, but are not limited to, fluctuations in commodity prices, changes in industry regulations and political landscape in Canada and the United States, stock market volatility, and those risks and uncertainties detailed from time to time in filings made by the Company with securities regulatory authorities. These factors should be considered carefully, and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new information, future events or otherwise, unless so required by applicable securities laws.
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