Graphite One reports resource growth

Located about 35 miles (60 kilometers) north of the legendary gold mining town of Nome, Graphite Creek now hosts 37.6 million metric tons of measured and indicated resources averaging 5.15% (1.9 million metric tons) graphite. This marks a 15.5% increase in measured and indicated resource tonnage and a 13.1% more contained graphite.

This growth primarily comes from upgrading inferred resources to the higher confidence measured and indicated categories.

This leaves 243.7 million metric tons of inferred resource averaging 5.14% (12.3 million metric tons) graphite still available for upgrade.

And the inferred resource does not include results from 22GC079, a hole that cut 58 meters averaging 4.18% graphite about 2,100 meters southwest of the nearest hole drilled at Graphite Creek.