INDUSTRIAL MINERALS INC: Industrial Minerals, Inc. Enters Final Stage of Process Optimization

((M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http:// www.presswire.net on the world wide web. Inquiries to info@m2.com)). Industrial Minerals Inc. through its...

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Bibliographic Details
Published inM2 Presswire p. 1
Format Newsletter
LanguageEnglish
Published Coventry Normans Media Ltd 07.12.2006
Subjects
Graphite
Mineral leases
Minerals
Optimization
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Summary:((M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http:// www.presswire.net on the world wide web. Inquiries to info@m2.com)). Industrial Minerals Inc. through its wholly owned subsidiary Industrial Minerals Canada Inc., headquartered in Toronto, Ontario, Canada, owns 100% of the undivided interest in the Bissett Creek Graphite patented mineral lease, containing a resource of 640,000 tonnes of flake graphite on approximately 10% of the patented mineral lease that has been drilled to date. The property is comprised of 28 patented claims covering an area of approximately 504 hectares (1,245 acres). It has been the subject of substantial earlier exploration drilling, trenching and metallurgical test work by KHD Canada, Kilborn Engineering, Pincock Allan and Holt and Cominco Engineering Services. The property is located in Maria Township in the Province of Ontario, Canada. The property is one of the largest and purest natural flake graphite deposits in the world. The Company plans to become the leading producer of large flake crystalline graphite in North America and a prominent market participant internationally.