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Ceylon Graphite Hires New Chief Mining Manager to Initiate Commercial Production

Vancouver, BC, March 22, 2023 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce the hirin

articleCeylon Graphite Corp.March 22, 20233/company/ceylon-graphite/news/ceylon-graphite-hires-new-chief-mining-manager-to-initiate-commercial-production
Ceylon Graphite Hires New Chief Mining Manager to Initiate Commercial Production

About this update from Ceylon Graphite Corp.

[{"type":"text","content":" Vancouver, BC, March 22, 2023 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce the hiring of Klaus Leiders as Chief Mining Manager. Klaus is a leading mining and mineral processing engineer and has an extensive track record of leading narrow vein and bulk ore underground and surface operations in Sri Lanka, Morocco, Tanzania, USA, Germany, Russia, Vietnam, Malaysia, Kyrgyzstan, North Korea (DPRK), China, Romania, Guyana and Dominican Republic. His experience includes graphite, gold, lead/zinc, vanadinite, hard rock, coal, lignite, and industrial minerals: talc, dolomite, limestone. Ceylon Graphite CEO, Sasha Jacob stated, “Klaus’ experience is a great complement to Ceylon Graphite’s resources and will be very valuable as commercial production commences in the near term and the company seeks to expand production volume rapidly. His experience in engineering and constructing a graphite processing and upgrading plant will also be very beneficial as the company advances its end-product options.” Klaus has extensive experience in Sri Lankan graphite having led the exploration, development and production of a narrow vein graphite underground mine in Melsiripura, Sri Lanka. Among his achievements he was able to increase production from 15 to 180 tonnes per month through process changes and without additional capital deployment. He was also responsible for establishing safe work conditions, built a reliable and performing work force, optimized the graphite benefication-process, transformed a batch plant into a continuously operating plant, organized a functioning Quality Control Laboratory & procedures, established export procedures and managed human resources and work safety training. Ceylon has previously announced agreements and licensing renewals as well as new corporate leadership which allow it to recommence focus on achieving production. The first accumulation of graphite at quantity for commercial sale is expected in Q2 of 2023. QUALIFIED PERSON Dr. Ranjith Premasiri, PhD, MPhil, Bsc, CGeol (UK) FGeol (UK) CGeol (SL), an employee of Sarcon Development (Pvt) Ltd. and not independent to Ceylon Graphite, is a “Qualified Person” as defined by National Instrument 43-101 - Standards of Disclosure for Mineral Projects and has reviewed and approved the content ...

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