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Feb 11, 2015 Elcora Resources Announces Initiation of Test Work for the End User Market

Feb 11, 2015 Elcora Resources Announces Initiation of Test Work for the End User Market

HALIFAX, NOVA SCOTIA / TheNewswire / February 11 2015 – Troy Grant, President and CEO of ELCORA RESOURCES CORP. (TSXV:ERA/Frankfurt:ELM), (the “Company” or “Elcora”), is pleased to announce that the Company has begun sample testing for potential graphite clients, and has started testing purified Elcora graphite for graphene, batteries and high-end expandable graphite.

“This work is an important advancement for the company marketing into three high end graphite markets” said Troy Grant, Elcora’s President and CEO. “This is the next step in Elcora’s strategic targeting of niche markets for the high-end Sri Lankan graphite.”

The following steps are planned:

  1. a.Applying procedures previously investigated, Elcora will first reduce the particle size of the graphite to maintain crystal morphology and perform separations techniques to upgrade the graphite to 99%.
  2. b.Following particle reduction and separation refining the sample material will be chemically leached to remove the remaining 1% percent of contaminates. The first series of tests are to determine that the residual contaminates can be removed by chemical leaching and liberation as the contaminants are minerals that appear to be receptive to these processes. This further refined sample material will be tested for nuclear grade and then prepared for clients.
  3. c.Finally, the refined sample material will be subjected to additional specific treatment and testing:

(i) one sample will be chemically treated and expanded to test the expansion ratio, and potentially, activation temperatures,

(ii) a second sample will be tested for surface area and performance in lithium ion battery applications, and

(iii) a third sample will be prepared as graphene and tested to determine yield and quality.

It is anticipated that these procedures and tests will be conducted within the first quarter of 2015 with results in the early part of the second quarter.

Ian Flint, Ph. D, P. Geo is the Qualified Person as defined under NI 43-101 who has reviewed and is responsible for the technical information presented in this news release.

For further information please visit the company’s website at http://www.elcoraresources.com

For further information please contact: Troy Grant, Director, President and CEO, Elcora Resources Corp., T: 902 802-8847 F: 902 446-2001.

CAUTIONARY STATEMENT:

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. No stock Exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This News Release includes certain “forward-looking statements”. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Elcora, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Elcora’s expectations are exploration risks detailed herein and from time to time in the filings made by Elcora with securities regulators.

Investors are cautioned that, except as disclosed in the filing statement prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon.