Abasca Resources Unveils Inaugural Graphite Resource Estimate at Loki Deposit

The latest update is out from AMV Capital Corp. ( (TSE:ABA) ).

Abasca Resources Inc. has announced a maiden mineral resource estimate for its Loki Flake Graphite Deposit at the Key Lake South Project. This milestone positions the company to significantly contribute to North America’s graphite supply chain, with an inferred resource of 11.31 million tonnes at an average grade of 7.65% graphite. The estimate, based on recent drilling, supports further resource expansion and development, enhancing shareholder value and advancing the project to the next stages.

More about AMV Capital Corp.

Abasca Resources Inc. operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the extraction of graphite, a critical mineral with growing demand in the electric vehicle and energy storage sectors.

YTD Price Performance: -10.0%

Average Trading Volume: 5,435

Technical Sentiment Signal: Sell

Current Market Cap: C$11.62M

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