Graphite One Inc. [TSX-V: GPH | OTCQB: GPHOF] (the “Company” or “GPH”) is exploring, with the intent to develop its Graphite One Project (the “Project”), whereby the Company could potentially become the dominant American producer of high grade Coated Spherical Graphite (“CSG”) that is integrated with a domestic graphite resource. The Project is proposed as a vertically integrated enterprise to mine, process and manufacture high grade CSG primarily for the electric vehicle lithium-ion battery market. Graphite mineralization mined from the Company’s Graphite Creek Property (the “Property”), situated on the Seward Peninsula about 55 kilometers (37 miles) north of Nome, Alaska, would be processed into concentrate at a mineral processing plant (the “Processing Plant”) to be located adjacent to the mine. The graphite concentrate would be shipped to the Company’s proposed product manufacturing facility (the “Manufacturing Plant”) where CSG and other value-added graphite products would be manufactured. Its location is subject to further study and analysis.
Graphite One (Alaska) Inc., is a wholly-owned subsidiary of the Company, holds the Property and is developing the Project in Alaska.
America’s highest grade and largest known, large flake graphite deposit
The Property is located on the Seward Peninsula in western Alaska, along the north flank of the Kigluaik Mountains about 55 kilometers (37 miles) north of the City of Nome. It is approximately 35 kilometers (22 miles) from seasonal roads and 5 kilometers (3 miles) inland from intertidal waters at Windy Cove (Imuruk Basin) (see Figure 1).
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