# Abasca Announces Positive Preliminary Economic Assessment for the Loki Flake Graphite Deposit: After-Tax NPV of US$130 Million and 16.7% IRR

Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/abasca-announces-positive-preliminary-economic-assessment-for-the-loki-flake-gra--8d825ff5-e2ab-497e-9407-d75aa3f5421e

Original source: https://orestocks.com/company/ABA.V/press-releases/4738641922212918

Publisher: orestocks

Original announcement: 2026-08-19T11:00:00.000Z

Analysis by Minestarters Atlas

Atlas analysis published: Unknown date

Atlas analysis updated: Unknown date

- Company: Abasca Resources Inc.

- Ticker: ABA.V

- Exchange: Unavailable

- Region: Saskatchewan

- Primary commodity: Graphite

- Secondary commodities: None reported

- Document categories: Resource update, Metallurgy

- Extracted: 2026-08-19 13:54:33 UTC

Narrative sentiment: 0.70 · Bullish

## Minestarters Atlas summary

Abasca Resources has announced a positive Preliminary Economic Assessment \(PEA\) for the Loki Flake Graphite Deposit in Saskatchewan, projecting an after-tax NPV of US$130 million and a 16.7% IRR. The project features a 19-year mine life with an open-pit operation and high-grade graphite concentrate production.

Reasoning: The announcement of a positive PEA with a US$130M NPV and 16.7% IRR for a long-life graphite project represents a major technical milestone, though the resource remains heavily weighted toward the Inferred category.

- Positive factor: Positive PEA economics with US$130M after-tax NPV

- Positive factor: Strong Indicated resource grade of 8.27% Cg

- Positive factor: High metallurgical recovery of 92.3%

- Positive factor: Long mine life of 19 years

- Negative factor: Significant Inferred component \(15.83 Mt vs 6.99 Mt Indicated\)

- Negative factor: PEA is preliminary and includes speculative Inferred resources

Facts used in scoring: 3

## Classification and evidence

**PEA-Supporting**

Polarity: neutral

Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: The announcement presents a Preliminary Economic Assessment \(PEA\) for the Loki project.

Evidence · text

> announces positive results from an independent Preliminary Economic Assessment

**Inferred Resource**

Polarity: negative

Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone.

Why it applies: A significant portion of the resource \(15.83 Mt\) is classified as Inferred.

Evidence · table

> 15.83

Context: 6.93

**High Recovery**

Polarity: positive

Definition: Recovery at or above the exceptional band for the commodity and processing route.

Why it applies: Graphite recovery of 92.3% is reported in the PEA economic results.

Evidence · table

> 92.3

Context: 7.27

## Extracted facts

Stored fact records: 3. Some facts used in scoring do not have a stored record.

## Resource Estimates (3)

### indicated

[Link to this fact](https://atlas-staging.minestarters.com/news/abasca-announces-positive-preliminary-economic-assessment-for-the-loki-flake-gra--8d825ff5-e2ab-497e-9407-d75aa3f5421e#fact-resource-facts-0)

graphite

#### Identity

- Commodity: graphite
- Ticker: ABA.V

#### Resource Data

- Category: indicated
- Tonnes: 6990000
- Grade: 8.27
- Grade Unit: %
- Contained Metal: 0.58
- Contained Unit: Mt
- Cutoff Grade: 2.3

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-19T00:00:00.000Z

Reasoning: Strong indicated grade for a graphite deposit.

- Positive factor: High grade of 8.27% Cg

Evidence · table

> 8.27

Context: 6.99

### inferred

[Link to this fact](https://atlas-staging.minestarters.com/news/abasca-announces-positive-preliminary-economic-assessment-for-the-loki-flake-gra--8d825ff5-e2ab-497e-9407-d75aa3f5421e#fact-resource-facts-1)

graphite

#### Identity

- Commodity: graphite
- Ticker: ABA.V

#### Resource Data

- Category: inferred
- Tonnes: 15830000
- Grade: 6.93
- Grade Unit: %
- Contained Metal: 1.1
- Contained Unit: Mt
- Cutoff Grade: 2.3

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-19T00:00:00.000Z

Reasoning: Large inferred resource provides significant scale but lacks geological confidence.

- Positive factor: Large tonnage

- Negative factor: Speculative category

Evidence · table

> 6.93

Context: 15.83

### Fact 3

[Link to this fact](https://atlas-staging.minestarters.com/news/abasca-announces-positive-preliminary-economic-assessment-for-the-loki-flake-gra--8d825ff5-e2ab-497e-9407-d75aa3f5421e#fact-resource-facts-2)

graphite

#### Identity

- Commodity: graphite
- Ticker: ABA.V

#### Review

- Needs Review: No
- Historical: No

#### Dates

- Event date: 2026-08-19T00:00:00.000Z

Reasoning: Strong recovery for a flotation circuit.

- Positive factor: High recovery of 92.3%

Evidence · table

> 92.3

Context: 7.27

## How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.