21:51:54 EDT Tue 30 Apr 2024
Enter Symbol
or Name
USA
CA



E-Power Resources Inc
Symbol EPR
Shares Issued 26,877,502
Close 2023-09-13 C$ 0.135
Market Cap C$ 3,628,463
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E-Power continues drilling, fieldwork at Tetepisca

2023-09-14 15:58 ET - News Release

Mr. James Cross reports

E-POWER RESOURCES: TETEPISCA PROPERTY - EXPLORATION UPDATE

E-Power Resources Inc. has provided an update on the progress of exploration on the company's flagship Tetepisca flake graphite property located in the North Shore region of Quebec. Significant flake graphite mineralization has been intersected on two of the three main targets planned for evaluation. The third target is currently being drilled. A total 2,115 metres have been completed to date and the company anticipates completing the planned drill program within the next 10 to 15 days after which samples will be prepared and dispatched for Carbon and other analyses. In addition, the Company is completing fieldwork to evaluate potential locations for the extraction of a bulk sample for metallurgical test work.

About the Tetepisca Property

The Tetepisca Property is located approximately 220 km north of the town of Baie-Comeau in the North Shore Region of Quebec. The property consists of 230 claims covering an area of approximately 12,620 hectares within the emerging Tetepisca Graphite District ("TGD"). The TGD is an active graphite exploration and development district with delineated measured and indicated resources in excess of 100 Mt at an average grade of 14% Cg. The Company's Tetepisca property is strategically located over continuous bedrock conductive horizons that are known and interpreted to be due to graphite and which hold significant potential to host flake graphite resources. Exploration work completed by E-Power to date on the Tetepisca property includes geological mapping and prospecting, trenching, outcrop sampling, ground electromagnetic ("EM") surveys, and a property wide magnetic and EM airborne survey. The Company has evaluated its exploration data set as well as all available historical exploration information and has prioritized 5 target areas from which 3 have been prioritized for the current Phase I drill program.

Qualified Person

Jamie Lavigne, P. Geo, Vice President Exploration and Director for E-Power is a Qualified Person as defined in NI 43-101 and has reviewed and approved the technical information in this press release.

About E-Power

E-Power Resources Inc. is a Quebec Corporation based in Montreal and focused on battery minerals exploration in Quebec. The Company is currently advancing two projects; the Tetepisca property, located in the North Shore region of the Province and the Turgeon property located in the Abitibi region adjacent to the Ontario border. The Company's priority target is flake graphite on the Tetepsica Property. The Turgeon property is located in the prolific Abitibi gold and base metal mining district and the Company is evaluating Turgeon primarily for its copper-zinc and gold potential.

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