The Bisset Creek graphite project, in Ontario, could yield at least 20% more production for a relatively modest 6% increase in capital costs, owner Northern Graphite said on Friday, citing an ongoing review of the project by G Mining Services.
The TSX-V-listed company said that higher production of 25 000 t/y would reduce operating costs and would have a positive impact on the net present value (NPV) and internal rate of return (IRR) of Bisset Creek.