908 – 510 Burrard Street
Vancouver, B.C. V6C 3A8
GLOBAL LI-ION GRAPHITE INITIATES DRILL PERMITTING ON NEURON PROJECT AND WELCOMES MIKE MUZYLOWSKI TO ADVISORY BOARD
LION: CSE GBBGF:OTCQB 0TD:F
Vancouver, BC – January 29th 2018 – Global Li-Ion Graphite Corp. (“LION” or, the “Company”) (CSE: LION) is pleased to announce that it has initiated permitting to complete a confirmation and exploration winter drill program on the Neuron Graphite Project in the Thompson mining district of Northern Manitoba. The program is designed to further test and delineate the Callinex 2014 drill program which intersected a 4.1 meter section grading 60.38 % carbon graphite included in a 56.0 meter intersection grading 5.91% carbon content (Callinex news release April 24, 2014). Coarse flake graphite ranging from 100 µm (micrometers) to 2000 µm (1000 µm = 1mm) was reported.
The Company also welcomes Mike Muzylowski to the advisory Board. Mr. Muzylowski is one of the mining industry’s most successful explorer and developers, and in 2011 he was inducted into the Canadian Mining Hall of Fame. Mr. Muzylowski is recognized as being instrumental in the discovery and development of 16 mineral deposits that became producing mines, (thirteen in Manitoba, two in Nevada and one in the Northwest Territories), as well as the building of numerous successful mining companies over his impressive career.
Mr. Muzylowski’s initial introduction to the graphite mineralization on the Neuron project happened during exploration work he was involved with in the 1960’s. In 2014 Mike and his team at Callinex Mining Inc. followed up a historical graphite intersection resulting in the Neuron High Grade Graphite Project discovery. Global Li-Ion Company President John Roozendaal states: “We are very excited to have Mr. Muzylowski join the advisory team and look forward to his thoughts and ideas on the project, as our technical team works to further develop and explore this very exciting and timely discovery in one of the best mining jurisdictions in the world.”
The Company would also like to report it has set 2 million incentive stock options exercisable at $0.60 for a period of two years.
The technical content of this news release was reviewed and approved by Glen Macdonald, P.Geo, who is a Qualified Person within the meaning of NI 43-101.
Further information about Global Li-Ion is available under its profile on the SEDAR website, www.sedar.com, on the CSE website, www.thecse.com, and the Company’s website, www.globalli-iongraphite.com.
For Further information about the Company, please contact:
Global Li-Ion Graphite Corp.
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This press release contains forward-looking statements. The use of any of the words “anticipate”, “continue”, “estimate”, “expect”, “may”, “will”, “project”, “should”, “believe” and similar expressions are intended to identify forward-looking statements. Although the Company believes that the expectations and assumptions on which the forward-looking statements are based are reasonable, undue reliance should not be placed on the forward-looking statements because the Company can give no assurance that they will prove to be correct. Since forward-looking statements address future events and conditions, by their very nature they involve inherent risks and uncertainties. These statements speak only as of the date of this press release. Actual results could differ materially from those currently anticipated due to a number of factors and risks discussed in the Company’s Management’s Discussion and Analysis under the Company’s profile on www.sedar.com. While the Company may elect to, it does not undertake to update this information at any particular time.