SRG Graphite Inc. has engaged Met-Chem, a division of DRA Americas Inc., to undertake a preliminary economic assessment of the company’s wholly owned Lola graphite project, located in Guinea. Sama Resources Inc. holds a control position in SRG of 24,658,267 shares, representing 43.93 per cent of the issued and outstanding shares of SRG, and is considered an insider for reporting purposes.
SRG’s Lola graphite project, a spinout of Sama Resources, has a graphite occurrence with a prospective surface outline of 3.22 square kilometres of continuous graphitic gneiss. The PEA study will commence immediately with completion of the National Instrument 43-101-compliant PEA expected in December, 2017.
The PEA will utilize the geological information as well as the metallurgical and mineral processing data currently available to determine and describe the scope of the potential future mining operation at Lola. Met-Chem/DRA is a globally recognized expert in mine and infrastructure design, including construction and mine operations, resource mapping, metallurgy, cost assessment, process design, and administration. It has a record in the graphite sector having prepared numerous PEAs, prefeasibility studies (PFS) and feasibility studies (FS), as well as EPCM work in graphite in Canada and Africa.
Appointment of director of operations
Sama is pleased to announce the appointment of Raphael Beaudoin as metallurgist and director of operations for Sama and SRG.
Mr. Beaudoin graduated from the McGill University in 2010 with a degree in materials engineering. Mr. Beaudoin worked as a plant metallurgist at the Minto mine in the Yukon before joining the Nunavik nickel project for Canadian Royalties Inc. in 2012. Mr. Beaudoin participated in the implementation of the Nunavik nickel concentrator as a plant metallurgist and later secured the position of chief metallurgist, where he oversaw many strategic projects of the concentrator. Before joining Sama and SRG, Mr. Beaudoin worked as the concentrator superintendent also for Canadian Royalties Inc., overseeing the operations, metallurgy, maintenance and power generation of the concentrator.
“Through his strong mineral processing experience, Raphael will lead Sama and SRG projects with continuous and efficient developments,” said Dr. Marc-Antoine Audet, PGeo, president and chief executive officer, Sama Resources.
The technical information in this release has been reviewed and approved by Dr. Audet, who is a qualified person as defined by National Instrument 43-101.
