Las Vegas, NV -- (SBWIRE) -- 12/20/2013 -- National Graphite Corp (OTCMKTS:NGRC) conducts a business of mineral exploration. The company focuses on gold, silver and related minerals’ exploration. The company is abandoning Zhangjiafan property and will carries out mineral exploration on prospects of Lucky Boy projects and Black Butte. The company signed lease agreements in 2010 regarding Black Butte and Lucky Boy projects. It purchased 38 BLM claims that include Silver Summit and Candelaria containing mine leases. NGRC has 65 claims in Canada.
National Graphite Corp declared that delay in drilling caused led the company to cancel drilling at Chedic Voltaire lode claim. The company had intent to operate five holes considering their environmental impact. The study of environmental impact is finalized.
National Graphite says that it will abandon the project and work on its Silver holdings near the Candelaria Silver Mine. Company is collecting samples from different sites and some samples returned values over 3 oz. silver/ton.
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