GlobeNewswire by notified

Canada Carbon Provides Update on Its Asbury Mine Exploration Program


TORONTO, Nov. 30, 2023 (GLOBE NEWSWIRE) -- Canada Carbon Inc. (the "Company" or "Canada Carbon” or ("CCB"), (TSX-V:CCB), (FF:U7N1) is pleased to report that extensive graphitic mineralization was observed during its ongoing drill program on the Asbury Property (“the Property”). The Company would like to take this opportunity to provide a general update regarding the exploration program on the Property. Current exploration work includes drilling, completion of an NI 43-101 compliant resource calculation, metallurgical testing and development of a geochemical signature. The information provided from the exploration work will allow the Company to proceed with a Preliminary Economic Study to be completed in 2024.

Drill Program
Phase 1 of the drill program commenced on October 16th, and will be completed on November 30th 2023. The current drill program is testing a folded conductor anomaly, located on the North Eastern side of a regional magnetic anomaly. The drilled area is mostly located on the northern flank of the locally folded conductor. Previous drill work was mostly completed on the southern flank of the fold.

Phase 2 of the drill program will commence in Q1, 2024 when permitting is completed for additional drill holes. The next holes to be permitted and drilled are mostly located on the southern side of the electromagnetic conductor. Current results will likely modify the exploration program to target strike extension of the holes drilled during the current program in order to optimize future resource calculation.

While the current program is confirming mineralization on the northern flank of the conductor anomaly, future work will continue to explore both flanks of the conductor anomaly. The Company will continue to expand the infill drilling activity in order to connect the mineralization between the current area of exploration and the legacy Asbury Mine. Historical records confirm that over 875,000 tonnes of graphite (with an average grade of 8.14% and a cut-off grade of 6%) was previously extracted from the mine over a 250 meter extension. The conductor is approximately 5km in length and the Company expects to be able to define mineralisation over the entire conductor anomaly.

Core Observations
The logging of the current drill program allowed us to observe multiple intersections of interest that will likely be incorporated into a future resources update. Current observation indicate that graphitic mineralization is found on both side of the folded conductor anomaly. Results will be provided once laboratory assays are completed, and a full interpretation of these results will be disclosed immediately thereafter.

Metallurgical Tests
Canada Carbon has completed bulk sampling and shipped those samples to SGS Canada for the purpose of metallurgical testing. Three (3) different samples were collected and delivered:

  1. Low grade material (less than 3% Cg) provided from the 2022 drilling work (1/4 split core).
  2. High grade material (over 3% Cg) provided from the 2022 drilling work (1/4 split core).
  3. High grade historical outcrop located adjacent to the Asbury mine.

Over 50kg of material from each mineralisation style was sampled and was sent out to the SGS facility in Lakefield. The different samples will be assayed and tested according to the following protocol:

1. Sample preparation
a) The samples will be stage-crushed, blended, and riffled into charges.
b) A composite of each sample will be made.

2. Feed Characterization
a) Head assay will be performed on the 3 samples, including full suite of analytical elements.
b) Optical microscopy will be performed to visualize the graphite occurrences.

3. Grindability Testing
a) Bond ball mill grindability test will be completed on the assays.

4. Flotation Testing
a) An initial test will be done on the 3 samples as part of a composite.
b) An evaluation of flash flotation, rougher flotation and scavenger flotation will be done.
c) Primary and secondary cleaner performance tests will be done.
d) Additional assays will be completed on the final product.

Results are expected at the end of February 2024 and will be disclosed immediately upon receipt.

Resource Calculation
SGS has been mandated to complete a calculation of mineral resources in accordance with National Instrument 43-101 following the drill program completed in 2022. The field visit by SGS’s qualified person was completed on the 14th of November 2023. This initial resource statement should be concluded by December 31st, 2023. Any newly discovered mineralization will be included in a future update of the resource statement.

Chief Executive Officer, Ellerton Castor, said: "The fall 2022 drill program and the current exploration activity indicate to the Company that the northeast area of the Asbury property contains significant and extensive mineralization. The Company intends to further test the conductor located between the legacy Asbury Mine and the area currently being drilled. Given the volumes, average grade and cut-off grade of the ore previously extracted from the legacy Asbury Mine, all within a 250-meter extension, we can’t help but feel tremendous excitement about the potential mineralization over a 5km anomaly. The information from fall 2022, the current drill program, along with the metallurgical testing program will allow the Company to proceed with a Preliminary Economic Study on the Property that will be completed in 2024".

To view this piece of content from, please give your consent at the top of this page.

Qualified Person
This press release was prepared by Steven Lauzier, P.Geo, OGQ1430 who is a qualified person as defined under National Instrument 43-101, and who reviewed and approved the geological information provided in this news release.

“Ellerton Castor”
Chief Executive Officer and Director
Contact Information
E-mail inquiries:
P: (905) 407-1212


This press release contains statements that constitute “forward-looking information” (“forward-looking information”) within the meaning of the applicable Canadian securities legislation. All statements, other than statements of historical fact, are forward-looking information and are based on expectations, estimates and projections as at the date of this press release. Any statement that discusses predictions, expectations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as “expects”, or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “budget”, “scheduled”, “forecasts”, “estimates”, “believes” or “intends” or variations of such words and phrases or stating that certain actions, events or results “may” or “could”, “would”, “might” or “will” be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information. Forward-looking information in this press release includes statements regarding the development of the Company’s Miller deposit and financing thereof, the entering of the joint venture with Irondequoit Offering, future production from the Company’s Miller deposit, sales agreements and other matters related thereto. In disclosing the forward-looking information contained in this press release, the Company has made certain assumptions. Although the Company believes that the expectations reflected in such forward-looking information are reasonable, it can give no assurance that the expectations of any forward-looking information will prove to be correct. Known and unknown risks, uncertainties, and other factors which may cause the actual results and future events to differ materially from those expressed or implied by such forward-looking information. Such factors include but are not limited to: compliance with extensive government regulations; financial abilities; the ability to develop the Miller deposit; domestic and foreign laws and regulations adversely affecting the Company’s business and results of operations; the impact of COVID-19; and general business, economic, competitive, political, and social uncertainties. Accordingly, readers should not place undue reliance on the forward-looking information contained in this press release. Except as required by law, the Company disclaims any intention and assumes no obligation to update or revise any forward-looking information to reflect actual results, whether as a result of new information, future events, changes in assumptions, changes in factors affecting such forward-looking information or otherwise.

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.

A photo accompanying this announcement is available at

To view this piece of content from, please give your consent at the top of this page.
To view this piece of content from, please give your consent at the top of this page.

About GlobeNewswire by notified

GlobeNewswire by notified
GlobeNewswire by notified
One Liberty Plaza - 165 Broadway
NY 10006 New York

GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.

Subscribe to releases from GlobeNewswire by notified

Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from GlobeNewswire by notified


Company announcement no. 11 - 22 February 2024 The notice convening DFDS' Annual General Meeting to be held on 15 March 2024 is attached. Further information is available from this link: Contact Torben Carlsen, CEO +45 33 42 32 01 Karina Deacon, CFO +45 33 42 33 42 Søren Brøndholt Nielsen, IR +45 33 42 33 59 Dennis Kjærsgaard Sørensen, Media +45 42 30 38 47 About DFDS We operate a transport network in and around Europe with an annual revenue of DKK 27bn and 13,200 full-time employees. We move goods in trailers by ferry, road & rail, and we offer complementary and related transport and logistics solutions. We also move car and foot passengers on short sea and overnight ferry routes. DFDS was founded in 1866 and headquartered and listed in Copenhagen. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act Attachments DFDS_AGM_NOTICE_2024DFDS_AGM_NOTICE_2024_APPENDIX_

INDKALDELSE TIL DFDS A/S' ORDINÆRE GENERALFORSAMLING 202422.2.2024 09:47:00 CET | pressemeddelelse

Selskabsmeddelelse nr. 11 - 22. februar 2024 Indkaldelsen til DFDS' ordinære generalforsamling, der afholdes 15. marts 2024, er vedlagt. Yderligere information er tilgængelig fra dette link: Kontakt Torben Carlsen, CEO +45 33 42 32 01 Karina Deacon, CFO +45 33 42 33 42 Søren Brøndholt Nielsen, IR +45 33 42 33 59 Dennis Kjærsgaard Sørensen, Media +45 42 30 38 47 Om DFDS Vi driver et transportnetværk i og omkring Europa med en omsætning på DKK 27 mia. og 13.200 heltidsansatte. Vi transporterer varer i trailere med færge, vej og jernbane samt tilbyder komplementære og relaterede transport- og logistikløsninger. Vi transporterer også passagerer i bil og til fods med færger på korte ruter og på ruter med overnatning. DFDS blev grundlagt i 1866, har hovedkontor og er børsnoteret i København. This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act Vedhæftede filer DFDS_DK_

DFDS ANNUAL REPORT 2023 - MOVING TOGETHER22.2.2024 09:45:00 CET | Press release

Company announcement no. 10 - 22 February 2024 DFDS' Annual Report for 2023 is attached, including a zip file for the Danish Supervisory Financial Authority in accordance with the ESEF regulation. Key figures for 2023 and the outlook for 2024 have already been published on 9 February 2024 in our Q4 interim report. Our network combines ferry, road, and rail transport with complementary logistics solutions. Following a period with significant expansion of the network, our new strategy sets us on a path to unlock the value of the expanded network through organic growth and focus on cash flow generation. We are also moving to green. On land, we deploy one of the largest fleet of e-trucks in Europe, and we aim to have six green ferries on the water by 2030. The full annual report and an overview version of the annual report, DFDS Review 2023, are available here. Contact Torben Carlsen, CEO +45 33 42 32 01 Karina Deacon, CFO +45 33 42 33 42 Søren Brøndholt Nielsen, IR +45 33 42 33 59 Dennis

DFDS ÅRSRAPPORT 2023 - MOVING TOGETHER22.2.2024 09:45:00 CET | pressemeddelelse

Selskabsmeddelelse nr. 10 - 22. februar 2024 DFDS' årsrapport for 2023 er vedhæftet, herunder en zip-fil til Finanstilsynet i overensstemmelse med ESEF-forordningen. Hovedtal for 2023 og forventninger til 2024 blev offentliggjort allerede 9. februar 2024 i vores 4. kvartalsrapport. Vores netværk kombinerer færge-, vej- og jernbanetransport med komplementære logistikløsninger. Efter en periode med betydelig udvidelse af netværket, sætter vores nye strategi os på en vej til at realisere værdien af det udvidede netværk gennem organisk vækst og fokus på cash flow generation. Vi er også i gang med den grønne omstilling. På land driver vi en af Europas største flåder af elektriske lastbiler, og vi sigter mod at have seks grønne færger på vandet i 2030. Den fulde udgave af årsrapporten er på engelsk. På dansk findes folderen DFDS Overblik 2023. De er begge tilgængelige her. Kontakt Torben Carlsen, CEO +45 33 42 32 01 Karina Deacon, CFO +45 33 42 33 42 Søren Brøndholt Nielsen, IR +45 33 42 33

Prosafe SE: Extraordinary General Meeting completed22.2.2024 09:24:50 CET | Press release

Pursuant to the Notice of 30 January 2024, an Extraordinary General Meeting of Prosafe SE was held today, 22 February 2024. The Extraordinary General Meeting resolved to approve all matters as proposed in the Notice. The minutes from the Extraordinary General Meeting are attached and can be downloaded from and Prosafe is a leading owner and operator of semi-submersible accommodation vessels. The company is listed on the Oslo Stock Exchange with ticker code PRS. For more information, please refer to 22 February 2024 Prosafe SE For further information, please contact: Glen Ole Rødland, Chairman of Prosafe SE Phone: +47 907 41 662 Terje Askvig, CEO Phone: +47 952 03 886 This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act. Attachment EGM 22 February 2024 - Minutes incl attendance and votes

HiddenA line styled icon from Orion Icon Library.Eye