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Reflex Advanced Materials (CSE:RFLX) plans Phase 2 of its Ruby Graphite exploration program

Market News, Mining
CSE:RFLX
14 February 2023 11:30 (EDT)

Map showing the completed work area at Ruby Graphite Project by Reflex Advanced Materials

Reflex Advanced Materials Corp. (RFLX) revealed plans for Phase 2 of its mineral exploration program at its Ruby Graphite Project.

The Ruby Graphite project covers 8 sq. km. and 96 federal lode mining claims located in Beaverhead County, Montana, U.S.A.

The Phase 2 program is set to start this spring/summer and will focus on identifying and evaluating potential vein graphite structures on the project.

Reflex has engaged Ethos Geological of Bozeman, Montana, to oversee exploration. Ethos’ geologic investigations have suggested that the project’s geology formed from an ancient marine sequence of muds, silts, and carbonates which were the likely source of carbon for the vein and flake graphite mineralization produced during metamorphism and later hydrothermal alteration.

The company’s CEO, Paul Gorman, commented that the team is eagerly anticipating the results from the rock sample assays and publishing an initial 43-101 Technical Report from the 2022 exploration program conducted by Ethos.

“We plan to take full advantage of the data and recommendations in the technical report to generate drill targets for our planned drill program, which we hope will begin to prove the graphite mineralization at Ruby and move the Property towards commercial and sustainable production.”

The NI 43-101 technical report on the initial exploration work conducted in 2022 is expected to include recommendations for continued exploration work at the project, plans for additional geophysical surveys and targets for a diamond core drill program to test high conductivity trends that Ethos has identified.

Reflex Advanced Materials Corp. (RFLX) is a mineral exploration company based in British Columbia.

Reflex Advanced Materials (RFLX) was down 3.37 per cent, trading at C$0.86 as of 11:40 am ET.


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