Elcora Advanced Materials Provides Update on Mine Development - Ragedara Mine Sri-lanka

About this update from Elcora Advanced Materials Corp.

[{"type":"text","content":"Elcora Advanced Materials Provides Update on Mine Development - Ragedara Mine Sri-lankaHALIFAX, NS / ACCESSWIRE / April 6, 2016 / Troy Grant, President and CEO of Elcora Advanced Materials Corp. (TSXV: ERA) (OTCQB: ECORF) (FSE: ELM), (the \"Company\" or \"Elcora\"), is pleased to report continuing developments at its Ragedara Mine, Sri Lanka. The company has made significant headway to underground development work at the 54 m and 70 m levels to access four previously identified graphite veins at depth. \nThe geological diamond drilling at Ragedara has identified three easily accessible veins of 20, 45 and 80 cm in width along a 60 m distance from the shaft at the 54 m level of the mine. The veins extend at least to the 70 m level. A cross cut at the 54 m level is currently being driven, which is anticipated to intersect theses veins at the middle of May, the end of May and the middle of July. At Ragedara, the average vein width is about 40 cm but can pinch out or swell to over a meter in width. During a two-day period mining work, the company can remove a block in the size of 2.2 m high, by 1.2 m long along the width of the vein and in both directions along the vein. The graphite grade in these Ragedara veins range from 92-99% Carbon content graphite.\nIn addition, a 50 cm vein has been identified. It is located 10 m from the current drill location on the 54 m level but in a different direction. Development towards this vein will begin once the drill is moved in June with intersection of the cross cut anticipated at the end of July.\nThere are four of the 12 historical veins mined out at the 0 m level. Infrastructure is currently being put in place to allow the shaft to be sunk to the 70 m level where a parallel cross cut will be made to access the veins access from this lower level.\n \"This work is further step in the company's goal to re-establishing peak production at the Ragedara mine\" said Troy Grant, Elcora's President and CEO. \"This is a significant advancement of Elcora's continued strategic development of the Ragedara mine and how it fits in with the Company's overall strategy to be fully integrated throughout the supply chain, from mining to processing, to produce graphite and graphene for use in high-end applications.\"\nIan Flint, Ph.D., P. Geo., is the Qualified Person as defined under NI 43-101 who has reviewed ...

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