Seward Peninsula

Graphite One Welcomes Strategic Investment from Bering Straits Native Corporation ("BSNC"); Creates Regional & Community Development Program

Retrieved on: 
Tuesday, September 5, 2023
Bering Straits Native Corporation, Exercise, Feasibility study, Heart, ANC, State, TSX Venture Exchange, Option, United States Department of Defense, Recycling, Elementary and Secondary Education Act, Title III Part A, DPA, Graphite, Alaska Native corporation, U.S. Department of Defense Strategy for Operating in Cyberspace, Department of Defence, Security (finance), Carbon fibers, Renewable energy, Aluminium, Defense, G1, Seward Peninsula, Bering Strait

Investment builds on $37.5 million Department of Defense award to Graphite One under the U.S. Defense Production Act.

Key Points: 
  • Investment builds on $37.5 million Department of Defense award to Graphite One under the U.S. Defense Production Act.
  • Graphite One and BSNC will partner on continued regional and community development.
  • This is not just an investment in Graphite One, it is a long-term investment in our region.
  • Net proceeds from the investment will be used to support the feasibility study, community investment and general corporate purposes.

Following on the Receipt of a US$37.5 Million Department of Defense Grant, Graphite One Enters into Loan Agreement for up to US$5 Million

Retrieved on: 
Wednesday, July 19, 2023
Minority, Buyback, TSX Venture Exchange, MI, United States Department of Defense, U.S. government and smoking cessation, United States Geological Survey, G1, NSR, Recycling, Seward Peninsula, Graphite, US, Kigluaik Mountains, Loan, Security (finance), Aluminium, Bank, Taiga

The loan agreement follows the announcement of a US$37.5 million U.S. Department of Defense grant to accelerate completion of Graphite One's Feasibility Study1.

Key Points: 
  • The loan agreement follows the announcement of a US$37.5 million U.S. Department of Defense grant to accelerate completion of Graphite One's Feasibility Study1.
  • "This funding, like the US$37.5 million DoD grant announced this week, is not dilutive to our shareholders".
  • No securities will be issued and no commission, bonus or finder's fee will be paid in connection with the Loan.
  • With the United States currently 100 percent import dependent for natural graphite, Graphite One is planning to develop a complete U.S.-based, advanced graphite supply chain solution anchored by the Graphite Creek resource.

2022 Drilling Program Results Increase Graphite One Measured and Indicated Resource by 15.5%

Retrieved on: 
Monday, March 13, 2023
Mineral resource estimation, Anomaly, International Continental Scientific Drilling Program, Mineral Resources Limited, TSX Venture Exchange, Recycling, Kigluaik Mountains, Mineral, PFS, Resource, Seward Peninsula, Geological survey, Graphite, Uranium mining, Aluminium, Lease

Additional trenching and/or drilling will be required to convert Inferred Mineral Resources to Indicated or Measured Mineral Resources.

Key Points: 
  • Additional trenching and/or drilling will be required to convert Inferred Mineral Resources to Indicated or Measured Mineral Resources.
  • The planned 2023 drilling program will target doubling the measured and indicated resources and increasing the inferred resource by infill drilling along trend to Hole 22GC079.
  • This updated Measured, Indicated and Inferred resource is based on drilling 26% of the surface area of the anomaly.
  • With the United States currently 100 per cent import dependent for natural graphite, Graphite One is planning to develop a complete U.S.-based, advanced graphite supply chain solution anchored by the Graphite Creek resource.

New U.S. Government Report Identifies Graphite One's Graphite Creek Deposit "is Among the Largest in the World."

Retrieved on: 
Thursday, March 9, 2023
Legislation, Electronics, Geology, United States Geological Survey, Kigluaik Mountains, Economist, National Strategic and Critical Minerals Production Act, Graphite, EV, International Energy Agency, International Continental Scientific Drilling Program, Government, Conference, Mining, USGS, Recycling, Senior, Uranium mining, Aluminium, Rare-earth element, Lithium, Cryptocurrency, Bloomberg, Seward Peninsula

"The Graphite Creek graphite deposit, located in the Kigluaik Mountains 60 km north of Nome on the Seward Peninsula, Alaska, is the largest known flake graphite resource in the USA and is among the largest in the world."

Key Points: 
  • "The Graphite Creek graphite deposit, located in the Kigluaik Mountains 60 km north of Nome on the Seward Peninsula, Alaska, is the largest known flake graphite resource in the USA and is among the largest in the world."
  • "We're excited to incorporate this information into our 2023 drilling program as we continue to expand our Graphite Creek resource."
  • Graphite One's October 2022 Pre-Feasibility Study was based on exploration of less than 7% of the 16 kilometer-long geophysical anomaly.
  • "The USGS report underscores our confidence that Graphite Creek is truly a generational graphite resource," said Anthony Huston, President and CEO of Graphite One.

Graphite One Confirms that Significant Graphite Grade Continues 4 Kilometers from PFS Pit Boundary

Retrieved on: 
Tuesday, February 7, 2023
CG, Kigluaik Mountains, Graphite, Rain, Anomaly, United, FS, Seward Peninsula, Inference, PFS, Mining, Oil, Rare-earth element, Telecommunications, Silviculture, Uranium mining

Graphite Creek is living up to its designation by the US Geological Survey as the largest and highest grade graphite resource in the United States1 2.

Key Points: 
  • Graphite Creek is living up to its designation by the US Geological Survey as the largest and highest grade graphite resource in the United States1 2.
  • Hole 22GC079, drilled 2 km west of previous resource drilling and 4 km west of the PFS pit boundary, showed significant intervals above mill cut-off grade.
  • All holes drilled in the proposed North pit wall encountered significant zones of graphite which will likely expand the pit to the North.
  • With the positive results of the PFS, Graphite One has begun work on the Graphite Project Feasibility Study (the "FS").

Graphite One Announces Insider Participation in Closing of Private Placement

Retrieved on: 
Thursday, November 24, 2022
Graphite, ONE, TSX Venture Exchange, MI, Indian stock exchange, Project, Offering, GPH, Unit, OTCQX, Feasibility study, Mining, News, Seward Peninsula, Multimedia, Government, Policy, Security (finance), Online shopping, Taiga

Taiga Mining Company, Inc. ("Taiga"), an insider of the Company, participated in the Offering and acquired 2,258,957Units.

Key Points: 
  • Taiga Mining Company, Inc. ("Taiga"), an insider of the Company, participated in the Offering and acquired 2,258,957Units.
  • The Company relied on the exemptions from the valuation and minority shareholder approval requirements of MI 61-101 contained in Sections 5.5(b) and 5.7(1)(b) of MI 61-101 in respect of the Insider Participation.
  • Thejoint actors involved in the Insider Participation are Jerome Birch and Kevin Greenfield.
  • As set forth in the Company's 2022 Pre-Feasibility Study, potential graphite mineralization mined from the Company's Graphite Creek Property is expected to be processed into concentrate at a graphite processing plant.

Graphite One Files Preliminary Feasibility Study for Graphite Creek on SEDAR

Retrieved on: 
Friday, October 14, 2022
Government, Feasibility study, Recycling, Project, Multimedia, ONE, Company, USGS, Mining, SSR Mining Inc., GPH, Graphite, Seward Peninsula, View, SEDAR, Aluminium, Uranium, BC

With the United States currently 100 per cent import dependent for natural graphite, Graphite One is planning to develop a complete U.S.-based, advanced graphite supply chain solution anchored by the Graphite Creek resource near Nome, Alaska.

Key Points: 
  • With the United States currently 100 per cent import dependent for natural graphite, Graphite One is planning to develop a complete U.S.-based, advanced graphite supply chain solution anchored by the Graphite Creek resource near Nome, Alaska.
  • The Graphite One project plan is anticipated to include an advanced graphite material and battery anode manufacturing plant expected to be sited in Washington State.
  • As announced on March 7, 20221, Graphite One's Graphite Creek resource in Alaska has been cited as the largest known graphite deposit in the United States by the U.S. Geological Survey (USGS) in its updated U.S.
  • The Company intends to make a production decision on the Project upon completion of a Feasibility Study.

Graphite One Completes 2022 Field Program with 2,090m of drilling for the Feasibility Study

Retrieved on: 
Thursday, October 6, 2022
A Feasibility Study, Recycling, Project, ONE, USGS, Company, NI, GPH, Feasibility study, Graphite, Seward Peninsula, Aluminium, Uranium

with Alaska Earth Sciences, provided technical review for the 2022 Field Program.

Key Points: 
  • with Alaska Earth Sciences, provided technical review for the 2022 Field Program.
  • WiththeUnited Statescurrently 100 per cent import dependent for natural graphite, Graphite One is planning to develop a complete U.S.-based, advanced graphite supply chain solution anchored by the Graphite Creek resource nearNome,Alaska.
  • The Graphite One project plan is anticipated to include an advanced graphite material and battery anode manufacturing plant expected to be sited inWashington State.
  • The Company intends to make a production decision on the Project upon completion of a Feasibility Study.

Graphite One Announces Revised Pricing to Shares for Debt Settlement

Retrieved on: 
Monday, September 19, 2022
Early warning, ONE, Multilateral, Project, Debt settlement, Graphite, Company, View, News, Mining, TSX Venture Exchange, Government, Seward Peninsula, Minority, MI, GPH, Multimedia, SEDAR, Feasibility study, Security (finance), Bank, BC, Taiga

Pursuant to the revised terms of the Debt Settlement Transaction, the Company will issue 9,296,328 common shares (the "Settlement Shares") at a deemed price of CA$0.95 per share to Taiga in full settlement of the debt.

Key Points: 
  • Pursuant to the revised terms of the Debt Settlement Transaction, the Company will issue 9,296,328 common shares (the "Settlement Shares") at a deemed price of CA$0.95 per share to Taiga in full settlement of the debt.
  • The Settlement Shares will be subject to a statutory four months and one day hold period pursuant to applicable securities laws.
  • The Debt Settlement Transaction is subject to final approval by the TSX Venture Exchange.
  • As a result of this transaction, Taiga now holds 30,150,191 common shares and 8,768,189 warrants to purchase additional common shares of the Company.

Graphite One Advances its United States Graphite Supply Chain Solution Demonstrating a Pre-tax USD$1.9B NPV (8%), 26.0% IRR and 4.6 Year Payback on its Integrated Project

Retrieved on: 
Monday, August 29, 2022
QP, Phrase, Feasibility study, Geology, Mining, GPH, PFS, Qualified person (European Union), Legislation, Technical report, Marginal cost, Ministry of Oil and Mineral Reserves (Syria), IFRS, TSX Venture Exchange, Consultant, Economics, Forward-looking statement, ONE, Resource management, STP, Electricity, Seward Peninsula, Company, News, Mineral, Capital, QPS, Terminology, SEDAR, Life, Audit, Engineered wood, Risk management, Aluminium, Lithium, Industrial gas, Project

Mr. Retherford has reviewed this news release and verified that it accurately represents the geology and resource estimate that is stated.

Key Points: 
  • Mr. Retherford has reviewed this news release and verified that it accurately represents the geology and resource estimate that is stated.
  • Mr. Goodwin has also reviewed this news release and verified that it accurately represents the findings of the PFS.
  • During the course of their work, the QPs have validated the data that each used in the formulation of the resource estimate and PFS findings.
  • Total Capital Costs: Total Capital Costs are the sum of Initial Capital Costs and Sustaining Capital Costs.