Global Li-Ion Graphite Corp. Stock Analysis LION.CN

Global Li-Ion Graphite Corp. is a development company, which engages in the exploration and evaluation of mineral resources. The firm's principal business is the exploration and evaluation of mineral resources. The Company’s Ambato-Arana Graphite Mine consists of three renewable mining exploitation licenses that comprise the Madagascar Graphite Project totaling approximately 4,375 hectares (10,811 acres) that are located in the vicinity of Andasibe in Toamasina Province in Madagascar, 20 kilometers (km) to the southwest of Sheritt’s large-scale nickel/cobalt laterite open pit mine at Ambatovy and 15 km northeast of the town of Moramanga from which national highway RN2 connects with capital city Antananarivo (114 km) and Madagascar’s main port of Toamasina (Tamatave) (240 km). Its Lac de Gras properties are located approximately 300 km north-northeast of the city of Yellowknife in the Northwest Territories, Canada and consists of three mineral leases with an aggregate area of approximately 1,632.91 hectares.