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CANADA CARBON INC ORD - $BRUZF STOCK NEWS

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Rhea-AI Summary
Canada Carbon Inc. announces Maiden Mineral Resource Estimate for Asbury Graphite Project, showing an inferred resource of 4.14 Mt with an average grade of 3.05% Cg. The Resource Estimate was prepared by SGS Canada Inc. in compliance with NI 43-101 standards. The Technical Report will be filed to SEDAR within 45 days. The project has no mineral reserves but indicates economic potential for open-pit extraction.
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Canada Carbon Inc. reports positive results from Fall 2023 drilling program at Asbury Property, showing significant graphitic mineralization. The drilling aimed to test depth and lateral extensions of known mineralization and new conductor anomalies. Results indicate extensive graphite mineralization, supporting future exploration work for resource increase.
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Canada Carbon Inc. (CCB) announces the creation of a Community Advisory Committee with the Municipality of Notre-Dame-du-Laus to support the development of the Asbury graphite mine. The Committee aims to promote collaboration, gather recommendations, and maximize socio-economic benefits. The Company emphasizes the importance of transparent and collaborative communication with local communities and stakeholders.
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Canada Carbon Inc. (CCB) reports extensive graphitic mineralization during ongoing drill program on the Asbury Property. The company provides an update on exploration work, including drilling, resource calculation, metallurgical testing, and development of a geochemical signature. The drill program is testing a folded conductor anomaly, with plans for future exploration and a Preliminary Economic Study in 2024. Historical records confirm over 875,000 tonnes of graphite extracted from the mine. Metallurgical testing and resource calculation results are expected in 2024.
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CANADA CARBON INC ORD

OTC:BRUZF

BRUZF Rankings

BRUZF Stock Data

7.88M
169.66M
0.2%
5.08%
Dimension Stone Mining and Quarrying
Mining, Quarrying, and Oil and Gas Extraction
Link
United States of America
Mississauga