VANCOUVER, BRITISH COLUMBIA–(Marketwired – Dec. 18, 2015) – CKR Carbon Corporation. (“CKR” or the “Company”) (TSX VENTURE:CKR)(FRANKFURT:CB8)(OTC PINK:CBULF) is pleased to announce the shipment of concentrate and lump samples to end users from the company’s Aukam vein graphite project in Namibia.
CKR Carbon has been requested to send samples to graphite end users for them to test the suitability of Aukam lump graphite material in their value added applications. Concentrate samples grading 96.13% Cg (carbon as graphite) were sent to two graphite consumers, one based in Europe and the other in North America. One of the companies also requested a sample of the lump graphite to conduct its own metallurgical test work. These samples came from the company’s screened stockpile, which graded an average of 42% Cg. Lump graphite is currently only mined in Sri-Lanka, and an alternative source of lump graphite at commercial scale is important to end users in order to diversify supply risk.
Several batches of samples, including those to the end users, have recently been sent from Namibia and the required export permits were granted to the company without hesitation.
“The sending of samples to end users is a direct result of CKR’s efforts to market the lump graphite that occurs at our Aukam project,” said Roger Moss CEO. “We look forward to further discussions with end users as we work with them to provide a high quality product suited to their needs.”
The technical content of this news release was approved by Roger Moss, Ph.D., P.Geo., a qualified person as defined by National Instrument 43-101.
About the Aukam Project
CKR has an option to acquire an initial 63% in the Aukam graphite project from Next Graphite. The project is located on 96,000 acres in southern Namibia close to the port city of Luderitz. The property hosts an open pit and three underground adits, which were mined periodically between 1940 and 1974. Five dumps from the historical mining occur on the property and 92 samples from the lower three dumps were assayed and averaged 42% Cg.
The high-quality, vein-type graphite is hosted within a shear zone in which underground mine workings show well-mineralized structures that are believed to continue down-dip. The surrounding area remains underexplored.
About CKR Carbon Corporation
CKR Carbon Corporation is focused on high quality natural graphite suitable for use in lithium-ion batteries and Electric foils. We only select projects requiring small capital and a short time to market. The company is listed on the TSX Venture Exchange under the symbol CKR and has 23.7 million shares outstanding.
For more information: visit the website at www.ckrcarbon.com.
“Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.”
FORWARD LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management’s current expectations and assumptions. Such forward-looking statements reflect management’s current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).
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