Montreal, Quebec, September 07, 2017 – SRG Graphite Inc. (TSXV: SRG) (“SRG” or the “Company”) today announced results from battery grade characterization tests with Dorfner ANZAPLAN Co. in Germany (“ANZAPLAN”) for graphite concentrate from the Company’s 100%-owned Lola Graphite deposit in the Republic of Guinea, West Africa. ANZAPLAN reported that bulk density, tap density, morphology, chemical purity and specific surface area of the spherical graphite product obtained from SRG’s Lola Graphite deposit are similar to typical spherical graphite products in the market. ANZAPLAN confirmed that the Lola Graphite concentrate is well suited for producing the anode material used to manufacture lithium-ion batteries. Results from the Lola Graphite tests indicate a spherical graphite production yield of 46% compared to typical yields of 30% to 40%.
Laboratory work and analysis on the Lola Graphite concentrate are aimed at identifying the optimal procedure for shaping and purification in order to obtain high-purity spherical graphite, suitable for use in lithium-ion battery and technology grade graphite applications. The current results provide favorable comparisons between the Lola graphite concentrate and other commercial products currently available in the marketplace.
About Dorfner ANZAPLAN
Dorfner ANZAPLAN is a leading European specialty minerals producer with more than a hundred years of experience in industrial mineral processing, delivering high quality mineral products to different industries. ANZAPLAN was founded in 1985 to become the most independent venture within the Dorfner group of companies, while concentrating the group’s analytical and engineering know-how to serve external customers. (www.anzaplan.com)
SRG is a Canadian-based company focused on developing the Lola Graphite deposit, located in the Republic of Guinea, West Africa. SRG is committed to operate in a socially, environmentally and ethically responsible manner.
For additional information, please visit SRG’s website at www.srggraphite.com.
For more information contact:
SRG Graphite Inc.
Dr. Marc-Antoine Audet, President & CEO
Tel.: (514) 726-4158
Tel.: +1 (514) 867-7447
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Certain of the statements made and information contained herein are “forward-looking statements” within the meaning of Canadian securities legislation or “forward-looking information” within the meaning of the Ontario Securities Act and the Securities Act (British Columbia). This includes statements concerning the Company’s plans at its mineral properties, which involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company, or industry results, to vary or be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or forward-looking information. Information regarding drilling results may also be deemed to be forward-looking statements or forward-looking information in that they reflect a prediction of what may be found to be present when and if a project is actually developed.
Forward-looking statements and forward-looking information are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements or forward-looking information, including, without limitation, the availability of financing for activities, risks and uncertainties relating to the interpretation of drill results and the estimation of mineral resources and reserves, the geology, grade and continuity of mineral deposits, the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations, metal price fluctuations, environmental and regulatory requirements, availability of permits, escalating costs of remediation and mitigation, risk of title loss, the effects of accidents, equipment breakdowns, labour disputes or other unanticipated difficulties with or interruptions in exploration or development, the potential for delays in exploration or development activities, the inherent uncertainty of cost estimates and the potential for unexpected costs and expenses, commodity price fluctuations, currency fluctuations, expectations and beliefs of management and other risks and uncertainties.
In addition, forward-looking statements and forward-looking information are based on various assumptions. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking information or forward-looking statements. Accordingly, readers are advised not to place undue reliance on forward-looking statements or forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking statements or forward-looking information, whether as a result of new information, future events or otherwise.