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Canada Carbon Inc.

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Summary

Project:

Miller

Deposit:Miller
Location:Canada
Commodities:Graphite
Date:12/14/2016
Report Code:NI43-101
Report Type:Resource Estimation
Project Stage:Pursuing Feasibility Study
Report details:14-12-2016: Canada Carbon Inc. announces a Resource Estimation report for its Miller deposit at the Miller project. Mineral resource update - 379% increase in Graphite resources. Canada Carbon Inc. (Canada Carbon) retained SGS Canada Inc. (SGS) to prepare
Resources:(Resource): 2.65Mt @ 0.80% Cg (Ind) and 7.56Mt @ 0.77% Cg (Inf)
CP/QP:[Resources]: Jean-Philippe Paiement (SGS Canada Inc.)
ABSTRACT:Canada Carbon Inc. (Canada Carbon) retained SGS Canada Inc. (SGS) to prepare this resources estimation technical report under the National Instrument 43-101 (NI 43-101) format for the Miller Graphite Project (the Project), located in the developed Outaouais region of southern Quebec, Canada. This study is intended to assist Canada Carbon in determining potential future plans for the Project, and the approach to high-purity graphite production. The effective date of this report is January 20, 2017 and the effective date of the Mineral Resource estimate is November 23, 2016. The Miller Property is composed of 31 contiguous claims located on the eastern side of the Rouge River and covers an area of 1,863.09 ha. Canada Carbon is the 100% owner of the claims. SL Exploration Inc. has been conducting exploration work on the Miller Property since its acquisition. The 40 claims on the western side of the Rouge River that make up the Miller West Property are not included in this report. The Miller Property is located in the well-developed Outaouais region of southern Quebec, approximately 75 km west of Montreal, Quebec, and 90 km east of Ottawa, Ontario. The approximate geographic centre of the Miller Property is located at 530,385 m east and 5,056,900 m north. The closest communities are Grenville, Quebec (5 km south of the Property to the south), and Hawkesbury, Ontario (8 km south of the Property to the south). The Project Miller Property is located within the boundaries of the Argenteuil Regional County Municipality and is within the territory of Grenville-sur-la-Rouge Municipality.

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