Ceylon Graphite is a public company listed on the TSX Venture Exchange (CYL:TSX-V) involved in the exploration and production of graphite in historic resource jurisdictions in Sri Lanka. It holds a land package constituting 121 km² grids containing historic vein graphite deposits. These unique and comparatively higher margin vein (lump) deposits currently make up less than 1% of the world graphite production. These exploration grids represent the majority of known historic graphite resources in Sri Lanka. The relevant areas in which these grids reside have previously had historical production dating back to the 1920s and 1930s.
Ceylon Graphite currently has four graphite exploration sites where some have already commenced drilling and others to be commenced soon. Our graphite company has a 121 square kilometre land package in Sri Lanka, with each of the four above mentioned four sites promising different levels of production, all of which is thoroughly exciting for the future of both the Ceylon graphite company and the Sri Lankan graphite industry as a whole.
This announcement as a matter of record only