Northern Graphite and Graphano Energy Announce Strategic Collaboration for Graphite Resource Development
Northern Graphite (NGPHF) and Graphano Energy have announced a strategic collaboration agreement to share technical expertise and resources for graphite development. The partnership centers around Northern's Lac des Iles (LDI) mine, North America's only producing graphite mine, and Graphano's neighboring Lac Aux Bouleaux (LAB) and Standard properties.
The companies will share geological, geophysical, and metallurgical data to advance exploration and development, with each company bearing its own exploration costs. The collaboration aims to expand resources that can be processed at the LDI plant, potentially creating new ore sources while accelerating Graphano's path to production.
This strategic partnership represents a consolidated approach to graphite exploration in Canada, supporting the country's position as a critical materials supplier while addressing growing global demand.
Northern Graphite (NGPHF) e Graphano Energy hanno annunciato un accordo di collaborazione strategica per condividere competenze tecniche e risorse per lo sviluppo della grafite. La partnership si concentra sulla miniera di Lac des Iles (LDI) di Northern, l'unica miniera di grafite attiva in Nord America, e sulle proprietà vicine di Graphano, Lac Aux Bouleaux (LAB) e Standard.
Le aziende condivideranno dati geologici, geofisici e metallurgici per avanzare nell'esplorazione e nello sviluppo, con ciascuna azienda che si fa carico dei propri costi di esplorazione. La collaborazione mira ad espandere le risorse che possono essere lavorate presso l'impianto LDI, creando potenzialmente nuove fonti di minerale e accelerando il percorso di produzione di Graphano.
Questa partnership strategica rappresenta un approccio consolidato all'esplorazione della grafite in Canada, sostenendo la posizione del paese come fornitore di materiali critici, mentre affronta la crescente domanda globale.
Northern Graphite (NGPHF) y Graphano Energy han anunciado un acuerdo de colaboración estratégica para compartir experiencia técnica y recursos para el desarrollo de grafito. La asociación se centra en la mina Lac des Iles (LDI) de Northern, la única mina de grafito en producción en América del Norte, y las propiedades vecinas de Graphano, Lac Aux Bouleaux (LAB) y Standard.
Las empresas compartirán datos geológicos, geofísicos y metalúrgicos para avanzar en la exploración y el desarrollo, con cada empresa asumiendo sus propios costos de exploración. La colaboración tiene como objetivo expandir los recursos que pueden ser procesados en la planta LDI, creando potencialmente nuevas fuentes de mineral y acelerando el camino de Graphano hacia la producción.
Esta asociación estratégica representa un enfoque consolidado para la exploración de grafito en Canadá, apoyando la posición del país como proveedor de materiales críticos mientras aborda la creciente demanda global.
노던 그래파이트 (NGPHF)와 그래파노 에너지는 그래파이트 개발을 위한 기술 전문성과 자원을 공유하는 전략적 협력 계약을 발표했습니다. 이 파트너십은 북미 유일의 생산 중인 그래파이트 광산인 노던의 락 데 이르 광산 (LDI)과 그래파노의 인접한 락 오 보울로 (LAB) 및 스탠다드 속성을 중심으로 이루어집니다.
두 회사는 탐사 및 개발을 진전시키기 위해 지질학적, 지구물리학적 및 금속학적 데이터를 공유하며, 각 회사는 자신의 탐사 비용을 부담합니다. 이 협력은 LDI 공장에서 가공할 수 있는 자원을 확장하는 것을 목표로 하며, 잠재적으로 새로운 광석 공급원을 창출하고 그래파노의 생산 경로를 가속화합니다.
이 전략적 파트너십은 캐나다 내 그래파이트 탐사에 대한 통합된 접근 방식을 나타내며, 국가의 중요한 자재 공급자로서의 입지를 지원하고 증가하는 글로벌 수요에 대응합니다.
Northern Graphite (NGPHF) et Graphano Energy ont annoncé un accord de collaboration stratégique pour partager leur expertise technique et leurs ressources pour le développement du graphite. Ce partenariat se concentre sur la mine de Lac des Iles (LDI) de Northern, la seule mine de graphite en production en Amérique du Nord, ainsi que sur les propriétés voisines de Graphano, Lac Aux Bouleaux (LAB) et Standard.
Les entreprises partageront des données géologiques, géophysiques et métallurgiques pour faire progresser l'exploration et le développement, chaque entreprise supportant ses propres coûts d'exploration. La collaboration vise à élargir les ressources pouvant être traitées à l'usine LDI, créant potentiellement de nouvelles sources de minerai tout en accélérant le chemin de Graphano vers la production.
Ce partenariat stratégique représente une approche consolidée de l'exploration du graphite au Canada, soutenant la position du pays en tant que fournisseur de matériaux critiques tout en répondant à la demande mondiale croissante.
Northern Graphite (NGPHF) und Graphano Energy haben eine strategische Zusammenarbeit vereinbart, um technische Expertise und Ressourcen für die Entwicklung von Graphit zu teilen. Die Partnerschaft konzentriert sich auf die Lac des Iles (LDI)-Mine von Northern, die einzige produzierte Graphitmine in Nordamerika, sowie auf die benachbarten Lac Aux Bouleaux (LAB)- und Standard-Eigentümer von Graphano.
Die Unternehmen werden geologische, geophysikalische und metallurgische Daten austauschen, um die Erkundung und Entwicklung voranzutreiben, wobei jedes Unternehmen seine eigenen Erkundungskosten trägt. Die Zusammenarbeit zielt darauf ab, die Ressourcen zu erweitern, die im LDI-Werk verarbeitet werden können, und potenziell neue Erzquellen zu schaffen, während der Weg von Graphano zur Produktion beschleunigt wird.
Diese strategische Partnerschaft stellt einen konsolidierten Ansatz für die Graphiterkundung in Kanada dar und unterstützt die Position des Landes als Anbieter kritischer Materialien, während sie der wachsenden globalen Nachfrage Rechnung trägt.
- Access to North America's only producing graphite mine and processing facility
- Potential for new ore sources through property collaboration
- Cost efficiency through shared technical resources and expertise
- Reduced development timeline and capital requirements for exploration
- Each company must bear its own exploration costs
- No guaranteed production sharing arrangements, only potential future possibilities
Ottawa, Ontario and Vancouver, British Columbia--(Newsfile Corp. - April 2, 2025) - Northern Graphite Corporation (TSXV: NGC) (OTCQB: NGPHF) (FSE: 0NG) (XSTU: 0NG) ("Northern") and Graphano Energy Ltd. (TSXV: GEL) (FSE: 97G0) ("Graphano") are pleased to announce an agreement to share technical knowledge and expertise to further the exploration and development of their respective properties in a more consolidated and efficient manner with increased opportunities for success.
The agreement covers Northern's Lac des Iles ("LDI") graphite mine and processing facility, currently North America's only producing graphite mine, and Graphano's Lac Aux Bouleaux ("LAB") and Standard properties. The LAB Property is contiguous to the LDI graphite mine and covers the southern extensions of the productive graphite horizons and the Standard property is between Northern's Mousseau West exploration project and the LDI plant.
The companies intend to share geological, geophysical, and metallurgical data and technical expertise to advance graphite exploration and development in the area with the goal of expanding resources that can be processed at the LDI plant. Northern and Graphano will cooperate on resource modeling, drilling programs, metallurgical testing, and potentially future production sharing arrangements. Both companies are committed to a collaborative approach that enhances operational efficiencies and supports the long-term development of critical mineral resources in Canada. All exploration costs will be borne by the owners of each property.
"This partnership is a natural step and a win/win for both companies," said Northern Chief Executive Officer Hugues Jacquemin. "The combination of our processing capacity and knowledge of graphite deposits in the area with Graphano's promising graphite assets could increase the odds for success and potentially create new sources of ore for the LDI plant while shortening Graphano's timeline to cash flow and production. At the same time, it represents a more efficient and consolidated approach to graphite exploration and development in the area that could help meet rising global demand while reinforcing Canada's role as a reliable supplier of critical materials."
Graphano CEO and President Dr. Luisa Moreno echoed these sentiments: "We are excited to work alongside Northern to accelerate the development of our graphite assets. This agreement helps to not only shorten our development timeline and lower capital costs but also aligns with our vision of enhancing Canada's capacity to meet growing global demand for clean and sustainable graphite."
About Northern Graphite
Northern, the only flake graphite producing company in North America, is a Canadian, TSX Venture Exchange listed company that is focused on becoming a world leader in producing natural graphite and upgrading it into high-value products critical to the green economy, including anode material for lithium-ion batteries/EVs, fuel cells and graphene, as well as advanced industrial technologies. Northern's mine-to-battery strategy is spearheaded by its Battery Materials Division, which has a fully equipped, state-of-the-art laboratory in Frankfurt. The Division is focused on developing advanced anode materials to improve the cycle life and increase the charging rate of lithium-ion batteries and on marketing Northern's patented Porocarb® product. Porocarb® is a carbon-based material that enhances the performance of both solid state and lithium-ion batteries and is currently being evaluated by leading global battery manufacturers with very positive results.
Northern's graphite assets include the producing Lac des Iles mine in Quebec where Northern plans to increase production to meet growing demand from industrial customers and coming demand from North American battery makers. Northern also owns the large-scale, advanced stage Bissett Creek project in Ontario, the Mousseau project in Quebec and the fully permitted Okanjande graphite mine in Namibia. Okanjande is currently on care and maintenance and represents an opportunity to substantially increase graphite production at a lower cost and with a shorter time to market than most competing projects. All projects have "battery quality" graphite and are located close to infrastructure in politically stable jurisdictions.
About Graphano Energy Ltd.
Graphano Energy Ltd. is an exploration and development company that is focused on evaluating, acquiring, and developing energy metals resources from exploration to production.
Graphite is one of the most in-demand technology minerals that is required for a green and sustainable world. Graphano's Lac aux Bouleaux property, situated adjacent to Canada's only producing graphite mine, in Quebec, Canada, has historically been an active area for natural graphite. With the demand for graphite growing in some of the most prominent and cutting-edge industries, such as lithium batteries in electric cars and other energy storage technologies, Graphano is developing its projects to meet the demands of the future.
For Northern media inquiries:
Pav Jordan, VP of Communications
Email: pjordan@northerngraphite.com
For additional information on Northern:
Please visit Northern's website at www.northerngraphite.com, the Company's profile on www.sedarplus.ca, the Social Channels listed below or contact Northern at (613) 271-2124.
LinkedIn
YouTube
Twitter
Facebook
For Graphano media inquiries:
Jay Richardson, CFO and Director
Email: info@graphano.com
For additional information on Graphano:
Please visit Graphano's website at www.graphano.com, the Company's profile on www.sedarplus.ca, or contact Graphano at (416) 410-5297.
Cautionary Note Regarding Forward-Looking Statements
This news release contains certain "forward-looking statements" within the meaning of applicable Canadian securities laws. Forward-looking statements and information are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "potential", "possible" and other similar words, or statements that certain events or conditions "may", "will", "could", or "should" occur. Forward-looking statements in this news release include statements regarding, among others, the exploration and development collaboration between Northern and Graphano and the expected benefits thereof, the Company's plans to increase output at LDI and development plans with respect to the Okanjande mine in Namibia, the Bissett Creek and Mousseau projects in Ontario and its planned Baie-Comeau Battery Anode Material plant. All such forward-looking statements are based on assumptions and analyses made by management based on their experience and perception of historical trends, current conditions and expected future developments, as well as other factors they believe are appropriate in the circumstances. However, these statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected including, but not limited to, unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of other parties to perform as agreed; social or labour unrest; changes in commodity prices; unexpected failure or inadequacy of infrastructure and the failure of ongoing and contemplated studies to deliver anticipated results or results that would justify and support continued studies, development or operations and the inability to raise required financing. Readers are cautioned not to place undue reliance on forward-looking information or statements.
Although the forward-looking statements contained in this news release are based on what management believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with them. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.
Neither the 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 news release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247011
FAQ
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