Drilling to date has tested four of the 16 target areas identified on the property, with three of those returning kimberlite intersections.

According to Champion, the pellet plant could provide the company with a relatively rapid opportunity for commercial production.

Mike Henry said the miner may accelerate its potash project in Canada by a year.

Layman is the recipient of the Young Mining Professionals’ prestigious Eira Thomas Award and vice-president of exploration for Osisko Development.

The property covers 40 sqkm and has a resource estimate of 65.5 million tonnes grading 17.2% graphitic carbon.

The Copper Producers Index ETF targets the copper mining industry by tracking the Solactive North American Listed Copper Producers Index.

Pine Point is a zinc and lead mine project in the Northwest Territories, Gaspé is a former-producing copper mine recently in Quebec.

Results support the expansion of current resources and the potential for additional centres of mineralization within the project.