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Zenyatta releases initial resource for 'very rare hydrothermal' deposit

from Resource Clips

Highly anticipated but hardly welcomed by the market, Zenyatta Ventures released a low-grade, high-tonnage maiden resource recently for the Albany graphite project in north-central Ontario. The company says its cutoff grade — only 0.6 per cent graphitic carbon (Cg) — is justified by a "very rare hydrothermal" graphite that can be treated to compete with high-purity synthetic stuff, fetching far higher prices than the flake product. more

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