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Microcap & Penny Stocks : Zenyatta VS Canada Carbon Board

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Gilmar1
GrumpyGus
From: Shoto8/30/2016 1:30:14 AM
2 Recommendations  Read Replies (1) of 603
 
Some condensed points of interest in CCB financials and MD&A:

Tetra Tech values CCB graphite high enough that they consider .53% as economic within the marble pits.

Post tax payback is given at 2.0 years post tax.

47 more infill holes have been drilled since the PEA. (Not in the West Block)

A number of enviros and social assessments have been underway for some time.

Acid generation/metal leaching of waste rock, graphite feedstock and mill tailings indicate NO environmental concerns of any kind.

Grab samples from the W. Block 10 km from Miller property and 3.5 kilometres apart resulted in SGS giving purity of 99.9992 and 99.9997% using the same processing parameters as with Miller graphite.

Indications give 12 km of marble, but open a strike at both ends with graphitic indications throughout both the W3 and Cameron showings.

The company is burning a little over $100,000/month and in May 2016 received gross proceeds of $675,000

the company is in the process to repermit the Asbury property. The municipality owning the land has officially approved the development process.

Enviros in the Asbury area are underway and are scheduled to be completed spring 2017.

VN2 showings are at meter scale between marble and paragneiss.

Evans Analytical statement about a sample of CCB graphite: “The Raman spectrum was that of a single crystal of graphite. The crystalline quality of the graphite was better than any other industrial graphite sample we at EAG have analyzed to date.”


SOME HISTORY:

March 2014 CCB shipped 480 tons of ore for processing.

April 2014 CCB signed agreement with a local quarry operator for crushing ore using existing equipment. The company then sent 50 kg to SGS to facilitate a flotation concentration flowsheet resulting in criteria for design criteria for the flotation pilot plant.

May 2014 SGS achieved 99.7% purity with a simple flotation and polishing.

May 2014 a 43-101 was filed.

June 2014 SGS and then EAG used only grinding, flotation and rapid thermal upgrading (NO CHEMICALS) achieved 99.98% and EBC well below international standards for nuclear graphite.

August 2014 CCB contracted SGS to scale up to 500 kg/hr for full scale engineering. Phase 1 got 99.8% on flotation and phase 2 got 99.9942% on a 2 kg sample.

A representative sub sample was bench scale tested and compared to the full scale pilot plant and was comparable.

January 2015 CCB begins qualification process for obtaining off-take agreements with specialty graphite processors and initiates cooperative academic research at Uof Q and McGill.

May 2015 99.9998% purity achieved from thermal treatment alone from random samples gathered by 3rd party geo.

Sept 2015 Miller graphite is selected set the standard to characterize ASTM nuclear grade graphite. This process is ongoing. The subcommittee selected Millar graphite as the standard material in the study.

October 2015 CCB gets more graphite tested to 99.9995% from different area.

Oct 2015 CCB marble sample of one tonne shipped and reported as whiter, less brittle and polished to exceptional sheen.

CCB subsequently signed agreement to sell 75,000 tonnes of architectural marble @14 cubic foot.

March 2016 PEA published.

PFS commenced March 7 2016.

Acid generation/metal leaching of waste rock, graphite feedstock and mill tailings indicate NO environmental concerns of any kind.

Grab samples from the W. Block 10km from Miller property and 3.5 kilometres apart resulted in SGS giving purity of 99.9992 and 99.9997% using the same processing parameters as with Miller graphite.

Indications give 12 km of marble, but open a strike at both ends with graphitic indications throughout both the W3 and Cameron showings.

June 2016 CCB partners with Celtig LLC to produce non-oxide nano platlets using a process which has patents pending, trade name Cicarbo.

Thats it.



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