Goldcore Sources Ltd is happy to announce that ProGraphite GmbH one of many world’s main graphite R&D Laboratories situated in Germany, is below contract by Goldcore Sources Ltd. to construct a number of pattern Lithium Ion Batteries utilizing graphite from the Firm’s Berkwood Graphite deposit. In August 2019 Berkwood Graphite samples had been shipped to ProGraphite and quite a few checks had been performed. ProGraphite has …
Goldcore Sources Ltd (TSXV:GEM ) ( FSE:BK2P ) ( WKN:A2QENP) (“Goldcore” or the “Firm”) is happy to announce that ProGraphite GmbH (“ProGraphite”), one of many world’s main graphite R&D Laboratories situated in Germany, is below contract by Goldcore Sources Ltd. to construct a number of pattern Lithium Ion Batteries utilizing graphite from the Firm’s Berkwood Graphite deposit.
In August 2019 Berkwood Graphite samples had been shipped to ProGraphite and quite a few checks had been performed. ProGraphite has confirmed that Berkwood graphite is exclusive in that it is vitally excessive grade and course in comparison with typically obtainable graphite from current world producers. Take a look at outcomes demonstrated its wonderful qualities for numerous industrial makes use of together with, expandability, and that it’s simply purified to 99.95% utilizing a typical alkaline course of as an alternative of utilizing environmentally harmful Hydrofluoric Acid, which is at present how the vast majority of the worlds battery grade graphite is purified.
This environmentally pleasant course of will permit Goldcore to provide battery grade graphite utilizing a clear vitality course of and scale back the carbon footprint of the purchasers of Berkwood Graphite. Clear vitality and decreasing carbon footprint are at the beginning for electrical car battery producers. Not solely is Berkwood graphite offering a clear vitality different to the manufacture of electrical autos however it is being executed so inside North America.
Tom Yingling, President and CEO states, “I’m more than happy to be one of many first North American graphite firms to really construct pattern lithium Ion Batteries from its personal Graphite. As a number one specialist in Graphite, ProGraphite is one in all just a few laboratories on the earth which have the expertise and experience to create Goldcore’s first Lithium Ion Battery. The world is demanding clear vitality and decreasing carbon footprints. Goldcore’s graphite is exclusive because it has proven that it may be simply purified with out utilizing Hydrofluoric acid, which is how the vast majority of the worlds Graphite is purified now. Not solely is the Berkwood Graphite “Greener” additionally it is increased grade and courser in comparison with typically obtainable graphite from current world producers. Along with w orld class Graphite Goldcore shareholders additionally profit from a superb share construction with solely roughly 33 million shares excellent.”
Concerning the Firm: Goldcore Sources is managed by a crew with over 150 years collectively with a confirmed observe document of not simply discovering quite a few mines however constructing and working them too. The Goldcore administration crew’s most up-to-date success is the invention of the Berkwood Graphite useful resource in Northern Quebec. Goldcore owns this asset one hundred pc and the Firm’s shareholders will profit from this asset because the demand for Graphite for electrical autos will increase considerably.
On Behalf of the Board of Administrators
Goldcore Sources Ltd.
President, CEO & Director
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