As a company with graphite exploration projects in South Korea, this is an important step for #PeninsulaMines (ASX:PSM). Large to jumbo sized flake #graphite has been identified at PSM’s Yongwon Graphite Project, and the associated high grade channel sampling results have provided management with a significant degree of confidence regarding the prospect of producing high purity concentrate from this source. The Daewon Graphite Project is PSM’s other asset. Highly oriented graphite flakes have been identified, and while initial metallurgical flotation results are encouraging, final results will be reported shortly. In addition, tenement applications have been made over several new flake-graphite projects in Korea, where previous government survey work identified flake crystalline graphite. Rock chip sampling is in progress on several of these projects and results and more details will be provided when available.
https://finfeed.com/juniors/psm-juniors/peninsula-mines-signs-mou-emerging-producer-expandable-graphite-graphene-korea/20170614/
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