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Ceylon Graphite M1 Assay Results Show 99.2% Carbon Content
VANCOUVER, British Columbia, Aug. 22, 2019 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to anno
About this update from Ceylon Graphite Corp.
[{"type":"text","content":" VANCOUVER, British Columbia, Aug. 22, 2019 (GLOBE NEWSWIRE) -- Ceylon Graphite Corp. (“Ceylon Graphite”) (TSX-V: CYL) (OTC: CYLYF) (FSE: CCY) is pleased to announce that it has received assay results of laboratory testing of graphite samples taken downhole in the shaft at its M1 site in the Malsiripura area in Sri Lanka. This new test result indicates a naturally occurring carbon content (Cg) of 99.2% which is vastly superior to most other natural graphite sources globally. The laboratory testing was done by the Sri Lanka Government’s Geological Survey and Mines Bureau’s laboratory. Tests were conducted from the 1st to the 15th of August 2019. ConstituentsDetermined Content %w/w Test Methodology Carbon 99.2 Gravimetry Silicon as SiO2 0.62 Gravimetry Calcium as CaO 0.03 AD and AA Spectrometry Iron as Fe2O3 0.15 AD and AA Spectrometry Aluminium as Al2O3 0.10 AD and AA Spectrometry Potassium as K2O <0.01 AD and AA Spectrometry Sodium as Na2O <0.01 AD and AA Spectrometry Manganese as MnO <0.01 AD and AA Spectrometry Phosphorus as P2O5 0.01 AD and UV/VI Spectrophotometry Titanium as TiO2 0.01 AD and UV/VI Spectrophotometry Magnesium as Mg O 0.04 AD and AA Spectrometry “We are delighted with this result which confirms that Ceylon Graphite has some of the world’s purest graphite available in its grids,” said Bharat Parashar, Chief Executive Officer. “Our work on the shaft at M1 continues and we expect to start the process to seek an IMLA license soon.” These tests were conducted in the normal course of exploration work with samples taken from downhole in the shaft - i.e. subsurface materials. Ceylon Graphite is looking forward to additional testing from its excavation efforts, as bedrock extracted Graphite at lower depths from this site is expected to produce even higher purity than the Cg of 99.2%. Qualified Person Robert Marvin, P. Geo (ONT) is a Qualified Person under National Instrument 43-101 and has reviewed and approved the geological information provided in this news release. About Ceylon Graphite Corp. Ceylon Graphite Corp, is a public company listed on the TSX Venture Exchange (CYL:TSX-V), that is in the business of exploration and development of graphite mines in Sri Lanka. The Government of Sri Lanka has granted the company exploration rights in a land package of over 120km². These exploration grids (eac...