Ann: Extensive Wide Zones of High-Grade Graphite at Lac Rainy, page-21

Great work & Excellent Results.

The results are excellent (compare with other Cg explorer and miners).

MLS showed it`s potential, these attractive results will be noticeable by end users soon.

Graphite prices on the rise;

"Graphite is a key component in lithium-ion (known as li-ion) batteries, used in electric vehicles.
The supply and demand mathematics of this scenario is quite simple.

At present, the annual production of natural graphite totals approximately 1.2 million tonnes. Of that 1.2 million tonnes, only around 15-20% is currently used in batteries.

In order to meet a demand of up to 950,000 tonnes per annum for battery grade material, an additional 2.5-3 million tonnes of graphite will need to be produced each year. While the path for the growth in demand for EVs seems reasonably clear, the necessary growth in the production of graphite to meet EV demand is not.