Caribou Copper Resources

Published : March 19th, 2015

Caribou Receives Request for High-Grade Buckingham Graphite Samples from Top European Industrial & Strategic Minerals Company

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Caribou Receives Request for High-Grade Buckingham Graphite Samples from Top European Industrial & Strategic Minerals Company

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 19, 2015) - Caribou King Resources Ltd. ("Caribou" or the "Company")(TSX VENTURE:CKR) is pleased to announce it has been contacted to provide high-grade graphite samples to a European based full service analytical company specializing in high-value industrial and strategic minerals. A 5kg sample from the "Uncle Zone" on Caribou's 100% owned Buckingham graphite project that yielded over 81% Cg (see CKR news Nov 18 2013) has now been sent to an in-house laboratory and test center for analysis. Caribou was recently contacted to provide a high-grade sample for analysis after its March 3rd 2015 news release reported the Company achieved over 99.9% Cg from a flotation circuit alone without process optimization such as acid leach or alkaline roast.

Michael England, CEO and Director of Caribou King, stated: "Our recent Buckingham graphite samples that achieved over 99.9% Cg from flotation alone have garnered international recognition. We are excited to have been contacted by one of the top European based full service analytical firms that has offered to provide testing and analysis of our high-grade graphite using state-of-the-art analytical methods as well as the potential for offtake agreements and strategic partnership introductions. Initial sampling at Buckingham has returned some of the highest assay results reported in Quebec to date and further exploration is now underway to continue to define the graphite rich Uncle Zone."

Caribou now has exposure to a full project value chain that offers expert support from exploration through quality evaluation and tailor-made process design to market introduction and testing for end user approval by potential customers. This potential working relationship will provide a unique combination of a fully equipped technical center, analytical facilities, and strong contacts in downstream industries to thoroughly evaluate and process technical samples.

All carbon analyses described above were performed by SGS Canada and are reported as graphitic carbon employing a Leco SC-632 instrument. The results reported in this release are from a single trench and are not necessarily representative of all mineralization hosted in this zone. Further testing must be carried out to verify these results.

Isabelle Robillard, P. Geo No. 287 (an associate of Inlandsis Consultants SENC), an independent qualified person under National Instrument 43-101, has reviewed the metallurgical balance sheet and assay results produced by SGS Canada and approved the technical information provided in this news release.

About the Buckingham Project

The Buckingham property is comprised of eight claim blocks totaling 480 hectares, situated in southwestern Quebec in the Central Metasedimentary Belt of the Grenville Geologic Province. Graphite occurs in veins and within pegmatite, diopside skarn, marble and gneiss. The region is known for its graphite deposits that were mined periodically from 1875 to 1920 and delivered graphite of exceptional quality. Buckingham is situated approximately at the western limit of historic Walker Graphite Mine, which extracted 816 tons of both disseminated flaky graphite and vein-type (lump) graphite. Vein-type graphite is the most valuable with large-size flake graphite having the highest price of the flake types. At the main test pit of Walker Mine, situated some 750 meters east of Buckingham property, disseminated graphite occurred in gneiss, in proportions up to 25% and was described as affording a very high percentage of large flakes (F. Cirkel, 1907, Mining Division of Canada, Ottawa Department of Mines, 306p.). Recent work by the Company has identified new conductors on the southeastern portion of the property in close proximity to the historic Walker Graphite mine. Similar geology is shared throughout the area and follow-up EM surveys and drilling are planned to test these highly anomalous areas.

About Caribou King Resources

Caribou King Resources Ltd. (TSX VENTURE:CKR) is a publicly-traded, Canadian junior exploration company that holds a portfolio of highly prospective graphite projects. These include: TAC in Quebec with historic drilling including 9.86% Cgf over 46.75 meters; Lac Vert in Quebec with graphite intersections in three historic drill holes; Buckingham that is located 750 meters west of the historic Walker Graphite Mine and Montpellier which is located in Quebec and hosts graphite mineralization in a zone 15 meters wide exposed through historical drilling and trenching over a strike length of 250 meters. Caribou is advancing these projects through multiple active exploration programs now underway.

On Behalf of the Board of Directors

CARIBOU KING RESOURCES LTD.

"Michael England", CEO and Director

"Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

FORWARD-LOOKING STATEMENTS: This news release contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions. Such forward-looking statements reflect management's current beliefs and are based on assumptions made by and information currently available to the Company. Investors are cautioned that these forward-looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and, except as required under applicable securities legislation, the Company does not assume any obligation to update or revise them to reflect new events or circumstances. All of the forward-looking statements made in this press release are qualified by these cautionary statements and by those made in our filings with SEDAR in Canada (available at www.sedar.com).

Read the rest of the article at finance.yahoo.com
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Caribou Copper Resources

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CODE : CKR.V
ISIN : CA1420841027
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Caribou Copper is a copper producing company based in Canada.

Caribou Copper produces copper, molybdenum in Canada.

Its main asset in production is GIBRALTAR MINE in Canada.

Caribou Copper is listed in Canada. Its market capitalisation is CA$ 6.4 millions as of today (US$ 5.0 millions, € 4.2 millions).

Its stock quote reached its lowest recent point on June 27, 2014 at CA$ 0.01, and its highest recent level on July 25, 2014 at CA$ 0.45.

Caribou Copper has 71 020 000 shares outstanding.

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Financings of Caribou Copper Resources
7/6/2011Announces Closing of First Tranches of Its Private Placement...
Corporate news of Caribou Copper Resources
12/18/2015Next Graphite, Inc. Reports up to 96% Natural, Lump, Vein Gr...
11/4/2015Caribou Completes Exploration Program at Buckingham, Reports...
10/19/2015CARIBOU ANNOUNCES NAME CHANGE AND EXTENSION OF FINANCING
10/17/2015CARIBOU BEGINS FURTHER TESTWORK ON AUKAM GRAPHITE SAMPLES
10/8/2015Next Graphite, Inc. Delivers 1,000kg Lower Adit Sample for T...
10/8/2015Caribou Begins Further Testwork on Aukam Graphite Samples
10/6/2015CARIBOU NAMES NEW CEO AND PROJECT MANAGER
10/5/2015Caribou Names New CEO and Project Manager
9/4/2015CARIBOU INCREASES PRIVATE PLACEMENT
8/26/2015CARIBOU ANNOUNCES FINANCING
8/20/2015Next Graphite, Inc. Acquires Remaining Ownership Rights of 1...
8/13/2015AUKAM GRAPHITE MINE ACQUISITION APPROVED
8/13/2015Next Graphite, Inc. Provides Press Issued by J.V. Partner an...
8/13/2015CARIBOU KING BEGINS LARGE-SCALE EXPLORATION PROGRAM AT BUCKI...
8/10/2015Caribou King Begins Large-Scale Exploration Program at Bucki...
4/21/2015Graphite "Flake" Size Does Matter
4/20/2015Caribou Reports Additional High Grade Graphite From Buckingh...
4/2/2015April 1, 2015 - Cavan Ventures Inc. Signs LOI To J.V. Its 10...
4/1/2015Caribou Signs LOI to Acquire Northern Extension of Buckingha...
4/1/2015Signs LOI to Acquire Northern Extension of Buckingham Graphi...
3/19/2015Receives Request for High-Grade Buckingham Graphite Samples ...
3/19/2015Caribou Receives Request for High-Grade Buckingham Graphite ...
3/3/2015Achieves more than 99.9% Graphitic Carbon From Flotation Tes...
3/3/2015Caribou Achieves more than 99.9% Graphitic Carbon From Flota...
2/19/2015Caribou to Perform Graphite Purity Tests on Second Location ...
2/17/2015Caribou Yields Up to 99.4% Graphitic Carbon From Its Remaini...
2/10/2015IIROC Trading Resumption - CKR
2/10/2015Caribou King Yields 99.3% Graphitic Carbon From Initial Puri...
2/9/2015IIROC Trading Halt - CKR
1/5/2015Caribou Announces Austrup to Board
12/1/2014CARIBOU ISSUES CORPORATE UPDATE
10/31/2013King Resources Ltd.: EM Targets Identified on Calumet Graphi...
10/3/2013New Graphite Discoveries at Caribou's TAC Property in Quebec
9/27/2013Acquires Additional Claims at Mulloy and Increases Acreage b...
9/25/2013King Resources Ltd.: Seven Conductors Now Identified Over A ...
9/19/2013Posts 1.6 Kilometer-Long Cross-Section Showing Four EM Condu...
9/18/2013King Discovers Graphitic Marble on Calumet Graphite Property...
9/11/2013King Resources Ltd.: Multiple EM Conductors Identified at Mu...
8/15/2013Acquires Property in Ontario With High Visual Graphite Conte...
8/1/2013Posts Map for Nezen Claims, Ontario
7/29/2013Acquires the Nezen Claims Adjoining Albany Graphite Project,...
7/19/2013Engages Geologist Steven Lauzier for Exploration at Calumet ...
7/3/2013Commences Work at Its Quebec Graphite Projects
4/3/2013Engages Byron Capital Markets
3/14/2013Announces Strategic Plan to Spin-Off Timmins Gold Assets
3/12/2013Acquires Claims Adjoining Timcal Graphite Mine, Quebec
2/25/2013Acquires Graphite Projects in Quebec Including Historic Dril...
11/8/2012Expands Nursey Gold Project Adjacent to SGX Resources in Ont...
10/26/2012Acquires Key Claims at Willa Deposit in Slocan Mining Divisi...
10/12/2012Commences Work at Tahts Reach Gold Property, B.C.
10/12/2012Commences Work at Tahts Reach Gold Property, B.C.
7/20/2011and Alix Increase Land Position Around Wellgreen Project, Yu...
7/18/2011Alix and Caribou Commence Work Program on Vault Property, Yu...
6/14/2011Commences Drilling at Caribou Dome
6/6/2011Commences Mobilization and Work Programs on Yukon Gold, Silv...
5/26/2011Options the Bonaparte Property
5/11/2011Options Five Yukon Properties From Alix Resources
5/4/2011RETAINS MARKET MAKING SERVICES OF VENTURE LIQUIDITY PROVIDER...
5/4/2011Retains Market Making Services of Venture Liquidity Provider...
4/13/2011Renegotiates Caribou Dome Agreement
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