Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has engaged Childs Geoscience Inc. (“CGI”) to manage the initial drill program at its Ruby Graphite Deposit, located in Beaverhead County, Montana. According to the announcement, Reflex anticipates the program to begin later this month. The program will consist of at least 3,500 meters of diamond core drilling. In addition, CGI will also move forward with other geological studies at the project, including geophysical surveys and outcrop inspection and sampling; the company will also prepare key technical reports. CGI offers skilled, competent personnel ranging from field technicians and geologists with sound GIS/GPS-based mapping and sampling skills to senior geologists and affiliates with the ability to run entire exploration programs from reconnaissance mapping through resource estimation and evaluation. The Ruby Graphite Deposit site will be fully permitted until 2024 for more than 20 different drill sites, and CGI geologists will have the ability to delineate the targeted conductivity trend from multiple drill locations. The company intends to perform detailed off-site core inspection and photography, and select samples for laboratory analyses.
In addition, CGI will tabulate results and formulate a structural model and ore-body grade, ultimately delineating a graphite resource. “We welcome the expert services of Childs Geoscience Inc. to this Reflex exploration project,” said Reflex Advanced Materials CEO Paul Gorman in the press release. “CGI brings huge experience in the immediate area with their past involvement in the nearby talc deposits. We are confident they will drive our core drilling program and resource delineation efforts forward and are assured that we can successfully execute our program with their help and expertise.” In addition, Reflex Advanced Materials announced the completion of the repricing of its common share purchase warrants issued on Feb. 8, 2023; the company had announced this repricing earlier this month. Of the 10,540,550 outstanding warrants, almost 10 million warrants were amended and repriced to an exercise price of $0.40; the company noted that 562,500 warrants remain unamended at an exercise price of $0.55.
To view the full press release, visit https://ibn.fm/mo6oO
About Reflex Advanced Materials Corp.
Reflex Advanced Materials is a mineral exploration company based in British Columbia. Its objective is to locate and, if warranted, develop economic mineral properties in the strategic metals and advanced materials space. The company is focused on improving domestic specialty mineral infrastructure efficiencies to meet surging national demand by North American manufacturers. The company is working to advance its Ruby Graphite Project, located in Beaverhead County, Montana, and ZigZag Lake Lithium Property, located in Thunder Bay Mining Division, Crescent Lake Area, Ontario. For more information about the company, visit www.ReflexMaterials.com.
NOTE TO INVESTORS: The latest news and updates relating to RFLXF are available in the company’s newsroom at https://ibn.fm/RFLXF
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