Business

Global Li-Ion Graphite Reports Results from its Drill Program Completed at the Chedic Graphite Project, Nevada

Vancouver, British Columbia, Canada / TheNewswire / July 23, 2018 - Global Li-Ion Graphite Corp. ("Global Li-Ion" or, the "Company") (CSE: LION) reports finding

articleGlobal Li-ion Graphite Corp.July 23, 20185/company/global-li-ion-graphite-corp/news/global-li-ion-graphite-reports-results-from-its-drill-program-completed-at-the-chedic-graphite-project-nevada
Global Li-Ion Graphite Reports Results from its Drill Program Completed at the Chedic Graphite Project, Nevada

About this update from Global Li-ion Graphite Corp.

[{"type":"text","content":"Vancouver, British Columbia, Canada / TheNewswire / July 23, 2018 - Global Li-Ion Graphite Corp. (\"Global Li-Ion\" or, the \"Company\") (CSE: LION) reports findings following completion of drilling and sample analysis of drill cuttings samples and diamond drill core samples taken at the Chedic Graphite project and receipt of the final program report. About the Chedic Graphite Project The Chedic Property is in the Voltaire mining district west of Carson City, NV. The claims generally are on a ridge along the crest of the Carson Range. Previous Work Graphite horizons are non-resistant and outcrop poorly. Four selected samples taken during the technical report field examination analyzed 3.69 to 29.00% total carbon. Graphite is an excellent conductor and typically will give a good geophysical response. A CSAMT/MT survey showed a strong response over a +1300 meter (+4,000 feet) length coincident with the limited scattered exposures of graphite. The first four reverse circulation holes cut graphitic intervals ranging from 10 feet of 6.08% carbon to 30' of 4.82% carbon. Drill Program Results The first four drill holes; CD-1, CD-2, CD-4 and CD-5; were completed using a reverse circulation drill (RC). The drilling was suspended before the fifth hole (CD-3) commenced, due to adverse weather and subsequent wet ground conditions. That hole, CD-3, was later completed using a diamond drill to test core recovery compared to wet RC sampling. All sampling was personally done or overseen by William Feyerabend, QP, who transported or shipped the samples to American Assay Laboratory, Sparks, NV for total carbon analyses using an ELTRA carbon sulfur analyzer. The conclusion from the results of all five holes are that: More graphite is lost and therefore not recovered in the sampling using the diamond drill core method than the recirculation recovery of rock chip samples. The diamond drill core samples show that the host rock is intensely fractured and faulted. The graphite mineralization occurs in multiple sedimentary horizons within a basaltic andesite volcanic event. The sediments which host the graphite are comprised of fine sands, silts and clays. Additional findings were announced in a previous release linked here: Click Here Any future drilling focused on establishing grade is recommended to be undertaken using reverse circulation drilli...

More updates from Global Li-ion Graphite Corp.