MONTREAL, July 19, 2018 /CNW Telbec/ - SRG Graphite
Inc. (TSXV: SRG) ("SRG" or the "Company") today announced that it
has engaged the Australian office of SNC-Lavalin to undertake a
preliminary test work program on its Gogota Ni-Co-Si Deposit. The
laboratory test work will be executed at ALS Metallurgy Services,
in Australia, under the
supervision of SNC-Lavalin and the Company.
Key personnel at SNC-Lavalin would include Mark Steemson who has 30 years experience in
process development and engineering, including positions as Process
Consultant for both the Solway Group and JResources (Indonesia). He has extensive process
development, consulting and engineering design experience in
nickel/cobalt. He has been responsible for the development of the
processing route for four nickel laterite projects, several gold
mines and several patented bioleach based processes.
"We are excited to be partnering with an experienced and
well-seasoned team of professionals, in SNC-Lavalin Australia and
ALS, who have a unique expertise in nickel cobalt laterite" said
Ugo Landry-Tolszczuk, President and
COO of SRG. "As we had previously announced, we hope this will
enable us to have a better understanding of the deposit's
metallurgical properties and economic potential."
ABOUT SRG
SRG is a Canadian-based company focused on developing the Lola
graphite deposit and the Gogota cobalt-nickel-scandium deposit
located in the Republic of Guinea,
West Africa. SRG is committed to
operating in a socially, environmentally and ethically responsible
manner.
For additional information, please visit SRG's website at
www.srggraphite.com.
Neither the TSXV nor its Regulation Services Provider (as
that term is defined in the policies of the TSXV) accepts
responsibility for the adequacy or accuracy of this
release.
Forward-Looking Statements
This press release contains "forward-looking information" within
the meaning of Canadian securities legislation. All information
contained herein that is not clearly historical in nature may
constitute forward-looking information. Generally, such
forward-looking information can be identified by the use of
forward-looking terminology such as "in a position", "prospective",
"expected", "will", "continue", "demonstrate", "potential", or
variations of such words and phrases or state that certain actions,
events or results "may", "could", "would" or "might".
Forward-looking information is subject to known and unknown risks,
uncertainties and other factors that may cause the actual results,
level of activity, performance or achievements of the Company to be
materially different from those expressed or implied by such
forward-looking information, including but not limited to: (i)
volatile stock price; (ii) the general global markets and economic
conditions; (iii) the possibility of write-downs and impairments;
(iv) the risk associated with exploration, development and
operations of mineral deposits; (v) the risk associated with
establishing title to mineral properties and assets; (vi)
fluctuations in commodity prices and other risks and factors
described or referred to in the section entitled "Risk Factors" in
the MD&A of the Company and which is available at
www.sedar.com, all of which should be reviewed in conjunction with
the information found in this news release
Forward-looking information is based on assumptions management
believes to be reasonable at the time such statements are made,
including but not limited to, continued exploration activities and
no material adverse change in mineral prices. Although the Company
has attempted to identify important factors that could cause actual
results to differ materially from those contained in the
forward-looking information, there may be other factors that cause
results not to be as anticipated, estimated or intended. There can
be no assurance that such forward-looking information will prove to
be accurate, as actual results and future events could differ
materially from those anticipated in such forward-looking
information. Such forward-looking information has been provided for
the purpose of assisting investors in understanding the Company's
business, operations and exploration plans and may not be
appropriate for other purposes. Accordingly, readers should not
place undue reliance on forward-looking information.
Forward-looking information is given as of the date of this press
release, and the Company does not undertake to update such
forward-looking information except in accordance with applicable
securities laws.
SOURCE SRG Graphite