Brookemont's neighbour, Zenyatta Ventures Ltd. announced yesterday (full release below) the signing of a contribution agreement with the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP has released the following information that the report regarding the Albany Hydrothermal Graphite discovery. Brookemont has the bordering property to this exciting new discovery and management plans to commence operations shortly there.
Brookemont has just recently acquired the “Albany East” hydrothermal graphite prospect bordering Zenyatta Ventures Ltd.’s (ZEN-TSX Venture) recently discovered deposit. Zenyatta shares have risen from a low of .14 to over 5 dollars recently based on this discovery. Upon review of the of Geological Survey of Canada and Ontario Department of Mines aeromagnetic airborne data, a significant geophysical magnetic low anomaly is evident on the recently acquired “Albany East” Hydrothermal Graphite Prospect that virtually covers the entirety of the newly acquired BKT property. We plan to mobilize crews shortly to fully investigate this anomaly.
BKT also has acreage prospective for aluminous clay and rare earth in the Gaspe Bay Region of Quebec. The prospect directly borders to the NNE the Grand-Vallée Deposit of Orbite Aluminae Inc.
Additionally, a work program on our white gold property in the Yukon that is bordering Kinross (K – TSX) formerly Underworld Resources uncovered and a multi-element anomaly. Additional work is anticipated to follow up on this anomaly.
As you can see this is a very exciting time of activity for Brookemont as we are about to commence operations.
Thank you for your time and consideration. If you have any additional questions please feel free to call anytime.
"Conrad Clemiss"
Chief Executive Director
Brookemont Capital Inc.
11 November 2013
Zenyatta Ventures Ltd. receives Support from the Government of Canada for Unique Albany Graphite Deposit
Zenyatta Ventures Ltd. (“Zenyatta” or “Company”) (TSXV : ZEN) is pleased to announce the signing of a contribution agreement with the National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP). Zenyatta will receive technical advisory services and a financial contribution of up to $350,000 from NRC-IRAP to help support the on-going metallurgical testing at SGS Canada Inc., of two 5 tonne mini-bulk samples from the East and West graphite pipes of the 100 percent owned Albany (Hydrothermal) deposit located in northeastern Ontario, Canada.
Aubrey Eveleigh, President and CEO stated “We are very pleased to receive recognition and support from the National Research Council of Canada Industrial Research Assistance Program. The Albany project has the potential to produce an ultra-high purity carbon product that could lead to high-tech, value-added business opportunities to emerge in Canada. This support by NRC-IRAP complements the various other initiatives the Company has underway in cooperation with academics / researchers at several universities to better understand the technical characteristics of the Albany graphite material. On behalf of our shareholders, I would like to thank NRC-IRAP for this important support in developing a unique graphite product targeting the cleantech sector.”