Zenyatta Ventures has announced 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 support Zenyatta’s metallurgical program designed to provide data for the start of a pre‐feasibility phase on its Albany graphite project.Zenyatta's CEO stated that "This support by NRC‐IRAP complements our various collaborative partnerships and allows us to produce larger market samples of high‐purity graphite which will permit continued graphite and graphene application development. The Albany project has the potential to produce an ultra‐high purity graphite product that could lead to high‐tech, value‐added business opportunities to emerge in Canada..."
Zenyatta’s strategy is to continue development of the Albany Graphite deposit under a pre‐feasibility and at the same time develop commercial applications with several collaborative partners. This includes the development of graphene infused concrete as well as continued work on other global collaborations.