25 April 2017

"The metallurgical work is being carried out at SGS Canada Inc. (“SGS”) in Lakefield, Ontario under the guidance of Mr. Jordan.   The completed flotation pilot testing work was performed on two composites from the East Pipe and the West Pipe of the Albany graphite deposit.  Significantly, results show consistent improvement in metallurgical performance with similar concentrate grades and recoveries obtained from both the East and West Pipe graphite zone material. The upcoming pilot purification plant will also produce additional high-purity graphite marketing material for testing by global corporations and academic institutions for Li-ion battery, fuel cell and graphene applications.

This metallurgical pilot program will be on-going for the next several months and completed in the first half of 2017.  The engineering and environmental assessment parts of the pre-feasibility study are anticipated to commence in the 3rd quarter of 2017.   The proposed work will include drilling geotechnical holes for the pit design and hydrogeology holes for ground water testing and monitoring."

well that's clear enough. 'consistent improvement' and 'will be completed in the first half of 2017'. not 'will probably be', but 'will be'. that's the end of june at the latest. we're now at late august and closing on sept., with no word from ZEN or even mara. mara, how about at least letting us know what's happening? has metallurgy hit a snag or is it just taking longer than everyone expected? did the dog eat your paperwork?