Graphite Mining News in Saskatchewan

Abasca Resources Inc.
Abasca Resources Inc.
ABA
Saskatchewan, Canada

Abasca Announces Filing of Technical Report Regarding Positive Preliminary Economic Assessment for the Loki Flake Graphite Deposit and Private Placement of $2.25 Million

Abasca Resources Inc. has filed a NI 43-101 technical report containing a Preliminary Economic Assessment (PEA) for the Loki Flake Graphite Deposit in Saskatchewan, reporting an after-tax NPV of US$130M and an IRR of 16.7%. The filing also includes a mineral resource update showing 6.99 Mt of Indicated and 15.83 Mt of Inferred graphite resources, alongside a $2.25 million private placement to fund ongoing exploration.

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Abasca Resources Inc.
Abasca Resources Inc.
ABA.V
Graphite
Saskatchewan, Canada

Abasca Announces Filing of Technical Report Regarding Positive Preliminary Economic Assessment for the Loki Flake Graphite Deposit and Private Placement of $2.25 Million

Abasca Resources has filed a NI 43-101 technical report containing a Preliminary Economic Assessment (PEA) for the Loki Flake Graphite Deposit in Saskatchewan, showing an NPV of US$161M at 8%. The report also includes a mineral resource update with 6.99 Mt of Indicated and 15.83 Mt of Inferred graphite resources, alongside a $2.25 million private placement to fund ongoing exploration.

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Abasca Resources Inc.
Abasca Resources Inc.
ABA
Saskatchewan

Abasca's Loki Flake Graphite Deposit Selected for Inclusion in the Canada Investment Summit Prospectus, Recognized as a Strategic Critical Minerals Opportunity

Abasca's Loki Flake Graphite Deposit has been selected for inclusion in the Canada Investment Summit Prospectus and the Invest in Saskatchewan Opportunity List. The company also highlighted its existing graphite resource of 6.99 Mt at 8.27% Cg (Indicated) and 15.83 Mt at 6.93% Cg (Inferred).

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Abasca Resources Inc.
Abasca Resources Inc.
ABA.V
Saskatchewan

Abasca's Loki Flake Graphite Deposit Selected for Inclusion in the Canada Investment Summit Prospectus, Recognized as a Strategic Critical Minerals Opportunity

Abasca Resources Inc. announced that its Loki Flake Graphite Deposit has been selected for the Canada Investment Summit Prospectus and the Invest in Saskatchewan Opportunity List. This recognition highlights the project's strategic importance within the Canadian critical minerals sector.

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Abasca Resources Inc.
Abasca Resources Inc.
ABA
Saskatchewan, Canada

Abasca Files NI 43-101 Technical Report, Commences Summer Exploration Program at Loki and Elects to File Semi-annual Interim Financial Statements and Related MD&A

Abasca Resources Inc. has updated its mineral resource estimate for the Loki Flake Graphite Deposit in Saskatchewan, converting 67% of the prior Inferred resource to Indicated. The update also saw the Inferred resource tonnage grow by 40% to 15.83 Mt. The company has also commenced a summer exploration program including in-fill drilling to support future pilot plant testing.

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Abasca Resources Inc.
Abasca Resources Inc.
ABA
Graphite
Saskatchewan

Abasca Announces Positive Preliminary Economic Assessment for the Loki Flake Graphite Deposit: After-Tax NPV of US$130 Million and 16.7% IRR

Abasca Resources Inc. announced positive results from a Preliminary Economic Assessment (PEA) for its Loki Flake Graphite Deposit, projecting an after-tax NPV of US$130 million and an IRR of 16.7%. The study outlines a 19-year open-pit operation producing 66,500 tonnes of 95% Cg concentrate annually, based on an updated mineral resource estimate. The company plans to advance the project towards a Feasibility Study and secure necessary permits.

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Abasca Resources Inc.
Abasca Resources Inc.
ABA
Graphite
Saskatchewan

Abasca Resources Closes Non-Brokered Private Placement of $3.0 Million and Applauds the Targeted Mineral Exploration Incentive of the Government of Saskatchewan

Abasca Resources Inc. has closed a $3.0 million non-brokered private placement consisting of flow-through and non-flow-through shares. The company also received an additional $150,000 in Saskatchewan government grant funding (TMEI) to support graphite exploration at the Loki Deposit.

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Abasca Resources Inc.
Abasca Resources Inc.
ABA
Graphite
Saskatchewan

Abasca Resources Announces Arrangement of Non-Brokered Private Placement of up to $3.0 Million

Abasca Resources Inc. has announced a non-brokered private placement of up to $3.0 million to fund exploration at the Loki Flake Graphite Deposit and general corporate purposes. The announcement also restates the updated Mineral Resource Estimate for the Loki Deposit, which includes 6.99 Mt of Indicated and 15.83 Mt of Inferred graphite.

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Abasca Resources Inc.
Abasca Resources Inc.
ABA
Saskatchewan

Abasca Increases Loki Flake Graphite Resource and Confirms Second Mineralized Trend at Thor Zone

Abasca Resources Inc. announced an updated Mineral Resource Estimate for its Loki Flake Graphite Deposit, increasing the Inferred Resource to 15.83 Mt at 6.93% Cg and upgrading 6.99 Mt at 8.27% Cg to the Indicated category. This update incorporates recent drilling and will be used in the ongoing Preliminary Economic Assessment. Additionally, new drill results from the Thor Zone confirmed a second parallel mineralized trend with multiple high-grade graphite intercepts, indicating further exploration upside.

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Abasca Resources Inc.
Abasca Resources Inc.
ABA
Saskatchewan

Abasca Resources Engages Tetra Tech to Complete Preliminary Economic Assessment for the Loki Flake Graphite Deposit

Abasca Resources has engaged Tetra Tech to conduct a Preliminary Economic Assessment (PEA) for the Loki Flake Graphite Deposit in Saskatchewan. The study will incorporate an updated Mineral Resource Estimate that reflects a significant strike length extension to 1,400 metres achieved through recent drilling.

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