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President Andry Rajoelina is driving Madagascar into another political crisis
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President Andry Rajoelina is driving Madagascar into another political crisis
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Lion Moves Closer to Putting Graphite Project Back Into Production
01/26/2021 | 03:15am EDT
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VANCOUVER, British Columbia, Jan. 26, 2021 (GLOBE NEWSWIRE) Global Li-Ion Graphite Corp. (“LION” or, the “Company”) (CSE: LION) (OTCQB: GBBGF) (F: 0TD).
The Company is pleased to announce that it continues to progress its Madagascar Ambato-Arana graphite project which is near Moramanga and within the graphitic horizons of the highly prospective Manampotsy Formation. LION’s deposits are associated with topographic highs that are exploited via cost-effective free-dig methods.
The Company is currently finalizing its mine development plan which had been slowed, though not stopped, during Covid-19 lockdowns in Madagascar. However, with the ending of the Covid-19 “State of Health Emergency” in Madagascar, the Company is now commencing completion of its final mine development plan, conforming to national regulatory requirements, with