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Graphite One Inc

12:03 PM EST - Graphite One Inc : Announced the completion of an updated mineral resource estimate for its Graphite Creek Project of 1.69 million tonnes (“Mt”) Measured, grading 8.0% graphitic carbon; 9.26 Mt Indicated, grading 7.7% Cg; and, 91.89 Mt Inferred, with 8.0% Cg, all using a 5% Cg cut-off grade. The results from the drill program completed during the 2018 field program moved from Indicated to Measured Resource status a portion of the previously released resource estimate set forth in the NI 43-101 Preliminary Economic Analysis on the Graphite One Project dated June 30, 2017 and filed July 12, 2017. Graphite One Inc shares V.GPH are trading unchanged at $0.30.