Abasca Resources has closed a $2.25 million non-brokered private placement to fund exploration and environmental studies at the Loki Flake Graphite Deposit. The announcement also references an updated Mineral Resource Estimate for the project, which includes Indicated and Inferred graphite resources.
Abasca Resources has closed a $2.25 million non-brokered private placement of flow-through shares. The proceeds are intended to support exploration, resource upgrading, and geometallurgical testing at the Loki Flake Graphite Deposit in Saskatchewan.
Abasca Resources has closed a $2.25 million non-brokered private placement to fund exploration, metallurgical testing, and environmental studies at the Loki Flake Graphite Deposit. The announcement also highlights an updated Mineral Resource Estimate for the Loki Deposit, featuring 6.99 Mt of Indicated and 15.83 Mt of Inferred graphite resources.
Abasca Resources has filed a technical report for the Loki Flake Graphite Deposit in Saskatchewan, featuring a positive Preliminary Economic Assessment (PEA) with an after-tax NPV of US$130M. The report also includes an updated Mineral Resource Estimate showing 6.99 Mt of Indicated graphite at 8.27% Cg. Additionally, the company announced a $2.25 million private placement to fund ongoing exploration.
Abasca Resources has filed a NI 43-101 technical report containing a positive Preliminary Economic Assessment (PEA) for the Loki Flake Graphite Deposit in Saskatchewan. The update includes a mineral resource increase with 67% of prior Inferred resources converted to Indicated, alongside a $2.25 million private placement to fund ongoing exploration.
Abasca Resources has filed a NI 43-101 technical report containing a positive Preliminary Economic Assessment (PEA) for the Loki Flake Graphite Deposit, showing an after-tax NPV of US$130M. The report also includes a mineral resource update that converted 67% of prior Inferred resources into the Indicated category. Additionally, the company announced a $2.25 million private placement to fund ongoing exploration.
Abasca Resources' Loki Flake Graphite Deposit has been selected for inclusion in the Canada Investment Summit Prospectus. The project is also recognized on the Invest in Saskatchewan Opportunity List, highlighting its strategic importance in the critical minerals sector.
Abasca Resources has updated its mineral resource estimate for the Loki Flake Graphite Deposit, reporting 6.99 Mt of Indicated Resource at 8.27% Cg and 15.83 Mt of Inferred Resource at 6.93% Cg. The update, supported by a new NI 43-101 technical report, also marks the commencement of a summer exploration program and the company's adoption of semi-annual financial reporting.
Abasca Resources has filed a NI 43-101 technical report updating the Loki Flake Graphite Deposit resource, showing an Indicated resource of 6.99 Mt at 8.27% Cg and an expanded Inferred resource of 15.83 Mt at 6.93% Cg. The company has also commenced a summer exploration program including infill drilling to support upcoming pilot plant testing.
Abasca Resources has released a Preliminary Economic Assessment (PEA) for its Loki flake graphite deposit in Saskatchewan. The PEA indicates a 19-year mine life with a net present value (NPV) of $130-million and an internal rate of return (IRR) of 16.7%.
