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Abasca Resources Releases Assays Confirming Multiple Intersections from its Thor Graphite Zone and Announces Resumption of In-Fill Drilling at its Loki Flake Graphite Deposit
SASKATOON, SK / ACCESS Newswire / August 25, 2025 / Abasca Resources Inc. ("Abasca" or the "Co...
About this update from Abasca Resources Inc.
[{"type":"text","content":"Abasca Resources Releases Assays Confirming Multiple Intersections from its Thor Graphite Zone and Announces Resumption of In-Fill Drilling at its Loki Flake Graphite DepositSASKATOON, SK / ACCESS Newswire / August 25, 2025 / Abasca Resources Inc. (\"Abasca\" or the \"Company\") (TSXV:ABA) is pleased to release assay results from KLS-25-072, drilled into the Thor Graphite Zone during the winter 2025 drill program at its Loki Flake Graphite Deposit (Loki Deposit) at its 100%-owned Key Lake South (KLS) Project (Figure 1, Figure 2). The drillhole successfully intersected three zones of graphite mineralization while testing up-dip mineralization in KLS-24-046 drilled in the summer of 2024 (Figure 3). Two of the three mineralization zones having high grades, the primary zone with a total length of 40 m and average grade of 8.57 % Cg was intersected at 145 m and a second 32 m zoneat 6.43 % Cg was intersected at 347 m. The location and orientation of the drillhole is listed in Table 1 and its assay results are shown in Table 2.The Company also announces that it has started its summer in-fill drill program at the Loki Flake Graphite Deposit. The approximately 5,000 m program will focus on the main section of the deposit, drilled in the summer of 2024, at a spacing that can support an indicated resource estimate.Brian McEwan, Vice-President of Exploration commented: \"The results from KLS-25-072 are very exciting! The presence of three zones in one hole that was drilled into a relatively unexplored conductor gives us a lot of hope for continued exploration at the Thor Zone. With continued work at the Loki Deposit, we are eager to follow-up on these exciting results in future programs.\"Collected samples were sent to SRC Geoanalytical Laboratories in Saskatoon, Saskatchewan, an independent laboratory accredited under ISO/IEC 17025:2017 for preparation and ICP-MS multi-element analysis, boron by fusion as well as graphite content (% Cg) and total sulphur by LECO. Samples were collected in accordance with industry-standard quality assurance / quality control practices and included the insertion of blanks, standard reference materials, and repeats into the sample stream at regular intervals. Samples were also collected for in-field and lab density measurements at regular intervals and through the mineralized zones.For more information on the...