Abasca expands Loki graphite resource in Saskatchewan

Company News · Mining.com ·

Abasca expands Loki graphite resource in Saskatchewan

Abasca Resources has nearly doubled the resource and upgraded the category at its Loki flake graphite deposit in northern Saskatchewan as it prepares a preliminary economic assessment. The updated estimate outlines 6.99 million indicated tonnes grading 8.27% graphitic carbon, plus 15.83 million inferred tonnes grading 6.93%. Graphite is a critical mineral central to electric-vehicle battery anodes.

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