Just back from an all night flight from Sydney late last night. We are behind in posting our June GraphiteBlog Month-in-Review so let’s dive right in…
During the month of June, GraphiteBlog continued to highlight advancements at various graphite projects, positive drill results and ongoing research into new applications of graphite and graphene. From the close of market on June 1, 2012, to close of market on June 29, 2012, the average change in share price for GraphiteBlog sponsors was down 17.11% (cringe). Here’s a quick review of the month’s highlights in case you missed them.
Robin Bromby’s article titled, China's leading graphite players – and big ambitions (June 9, 2012), provided valuable details about the main players in China’s graphite industry. We also posted a video (June 26, 2012) called Graphite: The Long Term Bull Market Player featuring an interview with Paul Gill, President, CEO and Director of Lomiko Metals Inc. who tells investors he sees a long term bull market for graphite and explains the factors that are considered when looking for new graphite properties.
In June, Galaxy Capital Corp. announced the change of their name to Galaxy Graphite Corp. The stock symbol will remain "GXY" (read more). Galaxy Graphite also (TSXV: GXY) announced on June 7, 2012, that it has completed a helicopter-borne electromagnetic (EM) and magnetometer survey at its Buckingham property, 40 kilometers east of Ottawa. Preliminary results from the survey are expected soon will be used to direct a field program of ground geophysics, prospecting, mapping and sampling (read more). Galaxy Graphite also announced on June 18, 2012, that field work at the Laurier graphite property in Ontario had begun and that the results of this work will be used to develop drill targets (read more).
Standard Graphite Corp. (TSXV: SGH) reported results from its latest airborne geophysical survey covering their Western Quebec properties have started to arrive. Initial results for the Kiamika property have identified a 3.5 kilometer EM conductor coincident with graphite occurrences. A second conductor, approximately 750 metres eastward, replicates the first one and expands the overall potential of the project (read more). On June 25, 2012, Standard Graphite received approval for the option agreement to acquire a 100% interest in the Mousseau East Deposit located in northwestern Quebec (read more).
At the beginning of the month, on June 1, 2012, Archer Exploration Limited (ASX: AXE) announced that initial metallurgical test work results from Campoona drill samples have delivered large, medium fine flake and very high-grade amorphous graphite in concentrates. Test work will continue over the coming months with a focus on developing the optimum process flow sheet to maximize flake size and purity (read more). Graphite in Australia has also been making headlines — Did you read, GraphiteBlog Week-in-Review: Australia’s Graphite Dominates Headlines that we posted last week?
Articles in June continued to show the ever expanding horizons for graphite and graphene applications. In writing about the paint-on lithium battery, Graeme Irvine calls this a “paradigm changer” and writes, “It is not often that I get to start an article with such a statement, but the scientists at Rice University are convinced that their new paint-on lithium battery is just such an advance.”
The monthly change in share prices for GraphiteBlog sponsors is below:
Disclaimer: Flinders Resources Ltd., Focus Graphite Inc., Galaxy Graphite Corp., Standard Graphite Corp. and Zenyatta Ventures Ltd. are GraphiteBlog sponsors.
*Historical share prices taken from BigCharts.com on 2012-07-23.