Sabre Graphite Corp. (`Sabre`) is a mining exploration company with the following principal properties:
The Bedford Property consists of 36 contiguous, staked mining claims containing a total of 36 units and covering approximately 852 ha, located approximately 45 km north of Kingston, Ontario. Sabre holds a 100% interest in the mining rights for all claims. The surface rights for 14 claims are held by third parties. All claims are currently in good standing. The Burgess Property consists of 14 contiguous, staked mining claims containing a total of 14 units and covering approximately 336 ha, located approximately 55 km north of Kingston, Ontario. Sabre holds a 100% interest in the mining rights only for each of the 14 claims while the surface rights are held by third parties.
The Bedford and Burgess properties overlie significant flake graphite occurrences. An historical non-NI 43-101 compliant resource estimate completed in 2000 at the Bedford Property shows 2,602,800 tonnes of 3.44% to 3.52% C (graphite) Measured and Indicated, and 1,268,000 tonnes of 3.44% C (graphite) Inferred, which remains open to expansion. At the Burgess Property, nearly a century of exploration work has identified numerous zones of graphite mineralization. Through diamond drilling, trenching and geophysics, past workers have published non-NI 43-101 compliant estimates that the Burgess Property could contain 10 to 20 million tons of 8% C (graphite) that also remains open to expansion.
Metallurgical testing completed in 2010 on a composite 1,500 lb (680 kg) bulk sample of graphite mineralized rock derived from both properties showed that high purity flake graphite concentrates could be prepared from this material using conventional grinding and floatation technology. Furthermore, the flake concentrates had suitable size and chemical characteristics for use in high technology, lithium ion battery applications. Based on results to date, no processing factors or deleterious elements appear to be present that would adversely affect the production of an acceptable flake graphite concentrate.
Adding to the potential of these properties, geological investigations completed in 2013 at the Burgess Property for the first time identified significant folding of bedrock geology. Folded geology is a key characteristic of many graphite deposits, as graphite mineralized units may be significantly thickened in fold hinges. In many cases this improves the development potential of a deposit by strongly concentrating volumes of mineralized rock, thus making fold hinges a primary target of exploration and mining activity. Based on previously published maps, folding is also a positive characteristic of the Bedford Property.
Full details on the Properties, the anticipated work program and additional information from the National Instrument 43-101 – Standards of Disclosure for Mineral Projects compliant report on the Properties are contained within the Information Circular, which has been filed under Sabre’s issuer profile on SEDAR at www.sedar.com.