CKR Carbon Announces 6.06% Cg over 88 Metres at Buckingham - Erie News Now | WICU & WSEE in Erie, PA

CKR Carbon Announces 6.06% Cg over 88 Metres at Buckingham

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Includes 20.69% Cg over 8 Metres

Toronto, Ontario--(Newsfile Corp. - September 28, 2017) -  CKR Carbon Corporation. (TSXV: CKR) (FSE: CB81) ("CKR" or the "Company") a vertically integrated graphite to graphenes, advanced materials development company is pleased to provide initial results from the diamond drilling and trenching program at its 100% owned Buckingham graphite project in Quebec. Results have been received from three of five holes and one of four trenches, with assays up to 20.69% Cg (carbon as graphite) over 8 metres in drill hole 17-02.

Highlights of the results received to date include 15.0% Cg over eight metres in Trench 2, 7.35% Cg over 12 metres in hole CK17-01, and 6.06% Cg over 88 metres from nine metres that included a higher-grade interval of 20.69% Cg over 8 metres in hole CK17-02. A summary of the results is given in the table below.

Hole/Trench IDFrom (m)To (m)Width (m)Cg (%)
CK17-0153106533.52
including94106127.35
CK17-02997886.06
including7595207.52
and11312012.09
including2230820.69
CK17-033559242.64
17-TR02

13.410.50
including

815.00

 

Widths are not necessarily true widths as there is currently insufficient information to calculate true widths.

The drilling and trenching follows up on positive results of airborne electromagnetics and trenching undertaking during 2016. Hole CK-17-01 was drilled below an isolated EM conductor and intersected graphite mineralization primarily hosted in marble with minor quartzo-feldspatic gneiss. Hole CK 17-02 was drilled into the main 1.54 kilometre long northeast-southwest trending EM conductor the northeast portion of which coincides with graphite mineralization in the Case Zone that yielded assays of 1.6% Cg to 28.7% Cg in 35 grab samples. The best intersections were associated with marble and calc-silicate rich rock. Hole CK-17-03 was drilled approximately 100m to the south east of CK17-02 where the EM anomaly narrows.

Results from trench two are encouraging, since it extends the known graphite mineralization approximately 230 metres to the southeast and confirms the coincidence of graphite mineralization with the EM conductor.

"We are very pleased with these results from our 100% owned Buckingham Project that confirm the graphite is associated with the EM conductor over the length tested to date," said Roger Moss, Chief Executive Officer of CKR Carbon. "Results from Trench 17 TR-02 are particularly significant as it represents a 230 metre step southeast along the EM conductor."

All samples were placed in a plastic sample bag along with a sample tag. Bags were sealed with a single use tie. Samples were securely stored prior to shipping to SGS in Lakefield Ontario. Samples were crushed, milled and roasted and treated by HCl leach prior to being assayed by the combustion infrared technique (LECO). The company routinely submits standards, duplicates and blanks with sample batches to monitor the quality of the assays.

The technical content of this News Release was approved by Roger Moss Ph.D., P.Geo, a qualified person as defined by National Instrument 43-101.

About CKR Carbon Corporation

CKR Carbon Corporation is an advanced materials company focused on mine to market commercialization of graphite products most notably high value graphene based components for a range of mass market products. We are collaborating with a leading European manufacturer of graphenes to use Aukam graphite to manufacture graphene products for commercialization on an industrial scale. The company is listed on the TSX Venture Exchange under the symbol CKR.

About the Buckingham Project

The 100%-owned Buckingham Graphite Property is located 7 kilometres northwest of the town of Buckingham, Quebec, Canada and consists of eight claim blocks totaling 480 hectares. Well-maintained bush roads provide easy access to the property. The property lies within the Central Metasedimentary Belt of the Grenville Geologic Province 82 km south of Imerys Graphite & Carbon's operating Lac des Iles graphite mine. Graphite occurs disseminated in marble and paragneiss and within veins hosted in pegmatite, diopside skarn, marble and gneiss.

Two graphitic zones, the Uncle Zone and the Case Zone have been discovered to date, with both zones showing high grade occurrences of disseminated flake and vein type graphite and yielding assay values as high as 81.1% Cg. Initial crushing and flotation of two samples from the Uncle zone has achieved purity of up to 99.4% Cg from a single flotation test without process optimization (see news release dated February 17, 2015).

For more information: visit the website at www.ckr-carbon.com or contact:

Roger Moss, CEO, +1 416-704-8291 E-mail inquiries: rmoss@ckr-carbon.com

For graphite product enquiries:

Arno Brand, +1 416-561-4095 abrand@boswellprojects.com

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions.  Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).

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