Nakusp area, British Columbia Graphite Projects

In December 2017, the United States Geological Survey declared that graphite is on the list of critical minerals as the U.S. is 100% dependent on foreign sources for its industry and military. As graphite is used in lithium-ion batteries, the electric car revolution will generate increasing demand for the mineral in the future.

The Black Fly and Fisher (Big Flake) claims cover part of an extensive graphite-bearing area southwest of Naskusp, southeastern British Columbia. Both claims are road-accessible and have had some exploration work completed, including mapping sampling, geophysics and limited diamond drilling.

About 40 km south of the Black Fly claim, Eagle Graphite is in production at its Black Crystal quarry.

BLACK FLY CLAIM

  • 4 km northeast of Whatshan Lake
  • Graphite occurs as bright blue-black flakes disseminated throughout and oriented parallel to the foliation plane. Flake sizes generally range from less than 0.1 millimetre to greater than 1 millimetre.
  • In 2012, 57 grab samples from within the Black Fly claim block returned average values of 1.96% graphite with up to 5.38% graphite. In 2013, diamond drilling (hole J13-005D) yielded up to 1.33% graphite over 21.07 metres.
  • Only two drill holes from one pad were drilled in opposite directions. The rest of the Black Fly trend (2.36%, 3.42%, 3.89%, 5.38%) remains untested.

FISHER (BIG FLAKE) CLAIM

  • The Fisher (Big Flake) graphite occurrence is located on the west side of Whatshan River, approximately 23 kilometres south west of the town of Nakusp.
  • Graphite occurs as bright blue-black flakes disseminated throughout and oriented parallel to the foliation plane. Flake sizes generally range from less than 0.1 millimetre to 2 millimetres.
  • In 2012, seven grab samples from within the Fisher claim block returned average values of 1.43% graphite, with up to 7.37% graphite. In 2013, diamond drilling (hole J13-002D) intersected 1.49% graphite over 25.99 metres.
  • Only part of the Fisher (Big Flake) trend has been drilled. Much of the trend (3.67%, 1.97%, 2.72%, 2.07%, 2.58%, 6.96%, 7.37%) remains untested.
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