The 100% owned Carheil project encompasses approximately 5,400 acres of contiguous land. The property is located approx. 280km NNW of Val-d’Or, Quebec and approx. 20km east of BHP Billiton Ltd’s past producing Selbai Zinc mine and 130 km North of the town of La Sarre, in the Abitibi region of Quebec.
In 2016, iMetal completed a diamond drill program at Carheil, intersecting graphiticsedimentary rocks at a depth of approx. 95 meters. Samples collected from the graphite zone represent a near perpendicular section through the sequence.
A review of the petrology of the graphite intersection indicates the presence of Jumbo-sized graphite flakes in combination with Large and Medium to Small graphite flakes within a zone grading 1.67% Cg over 4.67 meters, from 144.56-149.23 meters in the hole. The Jumbo-sized flakes occur in a 1.1 meter sample grading 7.48% Cg. The largest Jumbo flake identified measured over 785 Microns, (a Jumbo flake is any flake that measures greater than 300Microns).
The company has been undergoing extensive technical data reviews on all of its properties including the sole Quebec based Carheil property, in order to prioritize development plans of all of its assets.