Canadian explorer E-Power Resources (CSE:EPR) has staked additional ground in the Tetepisca Graphite District in Québec.
The company has picked up four new claims contiguous with the Graphi-Centre target within its Tetepisca Project.
Graphi-Centre is a priority flake graphite surface target. The additional claims were staked following favourable results of an airborne survey that highlighted conductive trends.
E-Power is assessing development options for the Tetepisca Project including funding from a strategic partner and a potential sale.
CEO James Cross told Mining.com.au recently the preferred pathway to development includes de-risking and monetising the Québec-based asset “while it still sits in the ground” by delivering to industry that essential link in the supply chain.
“It can be now, or after a few more milestones are met with funding from a strategic partner, who would acquire it after we achieve those milestones,” he says.
The end users and customers of Tetepisca’s graphite, if and when it goes into production, will likely be defence industry, basic manufacturing, or battery anode makers.
Each electric vehicle battery requires 50 to 100 kilograms of graphite, but more than 80% of global supply currently comes from China.
Meanwhile, E-Power has also appointed Alexis de la Renaudière to its board after announcing William Pfaffenberger’s retirement as a director.
de la Renaudière, until recently, coordinated investor relations at E3 Lithium (TSX-V:ETL), leading communications strategy with institutional investors and ensuring compliance with Stock Exchange and NI 43-101 standards.
His experience spans investor relations and capital markets, with a focus on small and mid-cap public companies.
During his time as Managing Director of Canadian capital markets advisory firm Peterson Capital, de la Renaudière raised over C$200 million ($222.5 million) for multiple companies while expanding the retail advisory network by 300%.
Write to Angela East at Mining.com.au
Images: E-Power Resources
