There were 542 press releases posted in the last 24 hours and 404,267 in the last 365 days.

American Graphite Identifies Flake Graphite Mineralization and Stakes Additional Lands at Lac Rouge Graphite Prospect in Quebec, Canada

/ -- LAS VEGAS, NV -- (Marketwired) -- 01/25/16 -- American Graphite Technologies Inc. ("AGIN" or the "Company") (OTCBB: AGIN) is pleased to announce the completion of exploration work on its 100% owned Lac Rouge Graphite Project located near TIMCAL's Lac des Iles graphite mine in the province of Quebec. Flake graphite mineralization was identified on the property during fieldwork that included prospecting, geological mapping and surface sampling. Flake size of graphite mineralization observed in the field samples is in the range of 1-3 mm. This type of large flake graphite in its naturally occurring form is required for producing high purity, technology grade graphite commercially.

The exploration work also identified graphite mineralization on adjacent grounds; therefore, the Company has staked additional prospective ground in the vicinity of the existing claims. A total of 15 new claims were staked covering an approximate area of 885 hectares (2,186 acres), and their details will be provided as soon as the claims are granted by the Quebec Ministry for Natural Resources and Mines (MRNF Quebec).

A total of 44 grab surface samples were collected during the fieldwork. The samples were submitted to SGS Laboratories, Lakefield, Ontario, which are globally accredited laboratories for geochemistry and metallurgy.

President and CEO of American Graphite Technologies Inc. Con Anast said, "We were lucky with the weather and consequently able to undertake initial exploration work sooner than expected. The sampling data is now being analyzed, and we expect to be able to provide a further update on assays, claim staking and future exploration plans very soon."


  • 100% ownership of 84 mineral claims covering approximately 5,000 hectares of land in Quebec, Canada. Additional 15 claims covering approximately 885 hectares were staked in 2015, waiting for approval from MRNF Quebec.
  • Located within 3 miles of a world class, high-grade graphite deposit (TIMCAL's Lac des Iles mine has been in production since 1989 with a capacity of 25,000 tons of graphite annually. Source:
  • Underlain by the same geological environment as the TIMCAL mine, consisting of Metasedimentary Belt of the Grenville Province, which includes quartzofeldspathic rocks, quartzite, biotite gneiss, limestone/marble and locally pegmatitic quartzofeldspathic rocks.
  • Excellent infrastructure support with road accessibility, located 150km from Montreal. Water, power and manpower are all available locally.
  • Available airborne geophysical data from MRNF indicates a large magnetic anomaly on the property, which can be a potential target for future graphite exploration work. The anomaly covers an area of approximately 4 square kilometres.

For more information visit the website:


American Graphite Technologies Inc. is a mineral exploration and technology development company. By concentrating on securing graphite mining opportunities and the commercialization of graphene specific proprietary technology methods, management is actively seeking profitable opportunities and to maximize shareholder value. Graphene has been described as the "miracle material" of the 21st Century and is believed to be stronger than steel and more conductive than copper while being flexible, making it plausible as a replacement for silicon, possibly leading to thinner, faster, cheaper, more flexible devices including power sources. The crystalline or flake form of graphite consists of many two-dimensional graphene sheets stacked together. In 2010 the Nobel Prize in Physics was awarded to Andre Geim and Konstantin Novoselov for groundbreaking experiments regarding graphene. The demand for batteries, primarily nickel-metal-hydride and lithium-ion batteries, have caused a growth in graphite demand as it is used to construct anodes in all major battery technologies. This growth is driven by portable electronics, such as laptops, mobile phones, tablets, Smartphone and power tools. Electric vehicle batteries are anticipated to further increase graphite demand. As an example, a lithium-ion battery in a fully electric Nissan Leaf contains nearly 40 kg of graphite.

For more information visit the website:

Safe Harbor: Pursuant to the Safe Harbor Provisions of the Private Securities Litigation Reform Act of 1995, and within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Exchange Act of 1934, any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, goals and assumptions of future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward-looking statements in this release may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions such as "may," "could," or "might" occur. Such statements reflect the current views of the Company with respect to future events and are subject to certain assumptions, including those described in this release. These forward-looking statements involve a number of risks and uncertainties, including the timely development of an exploration program and its implementation, the Company's ability to retain qualified personnel to undertake these exploration and development activities, the results of this exploration activity and the Company's ability to monetize any mineral discoveries should these programs be successful. The mineralization reported on Lac des Iles graphite mine may not be present on the Lac Rouge property. Further these risks include the Company's, ability to secure additional sources of financing to continue its ongoing mineral exploration and development efforts, meet operational overhead and other factors. The actual results that the Company achieves may differ materially from any forward-looking statements due to such risks and uncertainties. American Graphite Technologies Inc. does not undertake any responsibility to update the "forward-looking" statements contained in this news release.

American Graphite Technologies Inc.
Email us: Email Contact
Call us at: 1-855-818-0066 or 702-473-8227
Investor Relations
Email Contact
Tel: 011-507-290-3887