# CANADA CARBON COMPLETES THIRD DRILLING CAMPAIGN ON ASBURY GRAPHITE PROPERTY Canonical Atlas analysis: https://atlas-staging.minestarters.com/news/canada-carbon-completes-third-drilling-campaign-on-asbury-graphite-property--d23efa38-1b89-470c-aaf4-b2b674e56067 Original source: https://money.tmx.com/en/quote/CCB/news/5402725115183726/canada-carbon-completes-third-drilling-campaign-on-asbury-graphite-property Publisher: tmx Original announcement: 2026-01-28T03:23:44.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Canada Carbon Inc. - Ticker: CCB - Exchange: TSX - Region: Quebec - Primary commodity: Graphite - Secondary commodities: None reported - Document categories: Drill results, Resource update - Extracted: 2026-08-25 02:48:01 UTC Narrative sentiment: 0.20 · Bullish ## Minestarters Atlas summary Canada Carbon Inc. has completed its third drilling campaign at the Asbury Graphite Property in Quebec, totaling 2,517 meters. The company intends to use this data to update its NI 43-101 resource estimate and progress toward a pre-feasibility study by mid-2026. Reasoning: The company completed a drilling campaign intended for de-risking and resource updating, though it drilled less than the original plan. The release primarily restates historical high-grade intercepts and maiden resource figures rather than providing new assay results. - Positive factor: completion of drilling campaign - Positive factor: ongoing de-risking activity - Positive factor: intent to update NI 43-101 resource - Negative factor: drilling meters completed \(2,517m\) was less than planned \(5,200m\) Facts used in scoring: 3 ## Classification and evidence **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The maiden resource reported is entirely in the inferred category. Evidence · text > reported an inferred resource of 4.14 Mt **QA/QC Disclosed** Polarity: positive Definition: Release includes QA/QC disclosure — certified lab, QP sign-off, or stated methods \(blanks, standards, duplicates\). Why it applies: The release mentions a Qualified Person \(P.Geo\) reviewed and approved the technical information. Evidence · text > prepared by Maxime Dupere, P.Geo, OGQ a “Qualified Person” ## Extracted facts Stored fact records: 3. Some facts used in scoring do not have a stored record. ## Drill Results (3) ### DDH-AS22-07 [Link to this fact](https://atlas-staging.minestarters.com/news/canada-carbon-completes-third-drilling-campaign-on-asbury-graphite-property--d23efa38-1b89-470c-aaf4-b2b674e56067#fact-drill-facts-0) Asbury Graphite Property · graphite Historical result Needs review: historical\_restatement #### Identity - Hole ID: DDH-AS22-07 - Project: Asbury Graphite Property - Commodity: graphite - Region: canada\_qc - Reported Region: Quebec - Ticker: CCB #### Geometry - Grade: 9.21 - Grade Unit: % - Intercept: 7.25 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-15T00:00:00.000Z #### Dates - Event date: 2026-01-28T00:00:00.000Z Reasoning: High-grade graphite intercept reported as part of historical 2022 campaign results. - Positive factor: high grade intercept Evidence · text > 9.21% over 7.25m in hole DDH-AS22-07 ### DDH-AS22-07 [Link to this fact](https://atlas-staging.minestarters.com/news/canada-carbon-completes-third-drilling-campaign-on-asbury-graphite-property--d23efa38-1b89-470c-aaf4-b2b674e56067#fact-drill-facts-1) Asbury Graphite Property · graphite Historical result Needs review: historical\_restatement #### Identity - Hole ID: DDH-AS22-07 - Project: Asbury Graphite Property - Commodity: graphite - Region: canada\_qc - Reported Region: Quebec - Ticker: CCB #### Geometry - Grade: 2.21 - Grade Unit: % - Intercept: 55.85 m #### Classification - Sample Type: drill #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2023-02-15T00:00:00.000Z #### Dates - Event date: 2026-01-28T00:00:00.000Z Reasoning: Historical grade reported from the 2022 campaign. - Positive factor: significant width Evidence · text > 2.21% \(Cg\) over 55.85m ### Fact 3 [Link to this fact](https://atlas-staging.minestarters.com/news/canada-carbon-completes-third-drilling-campaign-on-asbury-graphite-property--d23efa38-1b89-470c-aaf4-b2b674e56067#fact-drill-facts-2) graphite Historical result Needs review: historical\_restatement #### Identity - Commodity: graphite - Ticker: CCB #### Geometry - Grade: 3.05 - Grade Unit: % Cg #### Review - Needs Review: Yes - Review Reason: historical\_restatement - Interp. Status: scored - Historical: Yes - Historical Source Date: 2024-05-30T00:00:00.000Z #### Dates - Event date: 2026-01-28T00:00:00.000Z Reasoning: Restatement of the maiden inferred resource reported in May 2024. - Positive factor: established maiden resource - Negative factor: all inferred Evidence · text > maiden resource estimate which reported an inferred resource of 4.14 Mt with an average grade of 3.05% Cg ## 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.