Business
E-Power Resources Drills 23.97 % Cg over 5.15 Metres at the Tetepisca Graphite Property, North Shore Region, Québec
Montréal, Québec--(Newsfile Corp. - February 12, 2024) - E-Power Resources Inc. (CSE: EPR) ("E-Power" or the "Company") is pleased announce the results of the d
About this update from E-power Resources, Inc.
[{"type":"text","content":" Montréal, Québec--(Newsfile Corp. - February 12, 2024) - E-Power Resources Inc. (CSE: EPR) (\"E-Power\" or the \"Company\") is pleased announce the results of the drilling and exploration program completed on the Tetepisca Graphite Property during the summer and fall of 2023. Highlights include: Grass roots discovery on the Captain Cosmos claims including an intersection of 23.97 % Cg from surface to a depth of 5.15 metres ending in mineralization High grade graphite mineralization intersected over an 850 m strike length at the Graphi-Centre target includes 17.85 % Cg over an intersection length of 3.80 metres A wide zone of graphite mineralization intersected at the 1078 target including 2.66 % Cg over an intersection length of 20.5 metres James Cross, President and CEO of E-Power commented: We are pleased with the 2023 exploration results and progress of the Tetepisca Project. The results at Captain Cosmos represent a high grade exploration discovery which we will be pursuing in the 2024 exploration season. The drill results confirm resource potential over an 850 metre strike length at the Graphi-Centre target and over a 400 metre strike length at the 1078 target. The results also confirm that very significant strike lengths of untested conductivity anomalies remain at both Graphi-Centre and 1078. We are busy planning the 2024 field season. We will be following up on these results and drilling targets to move towards resource tonnage delineation and we will be taking bulk samples from known high grade surface showings to establish flake size distribution and graphite concentrate quality for battery applications. During the summer and fall of 2023, E-Power completed an exploration program consisting of 2650.5 metres in 18 diamond drill holes (NQ diameter core) and surface exploration which included beep mat prospecting and drilling a total of 19.35 metres in 6 holes (BQ diameter core) using a man-portable drill. A total of 672 m of core (650 samples) was analyzed for Carbon concentrations (per cent Carbon as graphite or \"% Cg\"). The exploration was completed primarily at four target areas previously prioritized by the Company including the Graphi-Centre, 1078, and Southern targets, and the Captain Cosmos group of claims. All holes drilled intersected graphite mineralization. Thirty percent of the samples returned Cg values a...