Graphite Corp. (GRPH) Makes Key Acquisitions in Rich Montana Graphite, Jumps to 1,700 Acres as Part of Larger Regional Strategy
Graphite Corp., the Elko, Nevada-based junior focused on developing the choice, large-flake graphite for which North America is well-known via the company’s now sizeable holdings in Alabama and Montana (both very mining-friendly states), announced today that they have successfully expanded their land position in Montana at the Crystal Mine site (consisting of a 25-year renewable minerals lease agreement, including 3% net smelter royalty, on 100 acres in Beaverhead County). The company has added some 1,600 acres (83 claims) of adjacent territory on BLM ground. This gives GRPH a contiguous lode mineral claim position on a historically proven (last worked in…