on First Canadian Graphite Inc (CVE:FCI)
Hi-View Resources Inc. Acquires Stallion Project from First Canadian Graphite
First Canadian Graphite Inc. has agreed to sell its interest in the Stallion Gold Project to Hi-View Resources Inc. The transaction involves $10,000 in cash and 137,000 common shares of Hi-View Resources valued at $0.30 each. The Stallion Project is located in British Columbia's Golden Horseshoe region. Completion of the deal is subject to regulatory approval.
First Canadian Graphite is continuing its focus on its Berkwood graphite project in Québec. This project shows promising mineralization, with a significant exploration area of 167 km². The company aims to further expand the resource and move toward a Preliminary Economic Assessment.
First Canadian Graphite is committed to maintaining positive relationships with local Indigenous communities as it develops its projects.
R. H.
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