Last C$0.10 CAD
Change Today +0.015 / 18.75%
Volume 976.0K
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As of 3:33 PM 05/21/13 All times are local (Market data is delayed by at least 15 minutes).

canada carbon inc (CCB) Snapshot

Open
C$0.10
Previous Close
C$0.08
Day High
C$0.11
Day Low
C$0.09
52 Week High
02/21/13 - C$0.17
52 Week Low
12/4/12 - C$0.06
Market Cap
6.2M
Average Volume 10 Days
40.8K
EPS TTM
C$-0.06
Shares Outstanding
65.5M
EX-Date
--
P/E TM
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Dividend
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Dividend Yield
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Current Stock Chart for CANADA CARBON INC (CCB)

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canada carbon inc (CCB) Details

Canada Carbon Inc., a junior natural resource company, engages in the acquisition and exploration of mineral properties in Canada and the United States. It primarily explores for graphite, gold, coppers, and rare earth element properties. The company owns a 100% interests in a 38 graphite mineral claims covering an area of approximately 4,990 hectares located in Maria Township, Canada; and a 100% interest in rare earth element prospect consisting of 211 mineral claims covering an area of approximately 90,000 hectares located in northern British Columbia. It also holds 100% interests in the Red Chris South prospect covering an area of approximately 13,000 acres in north-western British Columbia; 12 quartz claims covering an area of 6,500 acres in the White Gold District/Stewart River Area of the Yukon; and the Asbury Graphite mine that consist of 2 claims located to the northeast of Notre-Dame-du-Laus. The company was formerly known as Bolero Resources Corp. and changed its name to Canada Carbon Inc. in October 2012. Canada Carbon Inc. was incorporated in 1985 and is headquartered in Vancouver, Canada.

Founded in 1985

canada carbon inc (CCB) Top Compensated Officers

Executive Chairman, Interim Chief Executive O...
Total Annual Compensation: C$120.0K
Chief Financial Officer
Total Annual Compensation: C$60.0K
Compensation as of Fiscal Year 2011.

canada carbon inc (CCB) Key Developments

Canada Carbon Inc. to Begin Phase I Exploration Program on its Miller Graphite Mine

Canada Carbon Inc. announced the company has completed planning and will begin the Phase I exploration program on its 100% owned historical Miller Graphite Mine located 70 km west of Montreal near Grenville, Quebec. The Phase I program will consist of a geological mapping of the Miller Graphite Mine pit along with a geophysical survey of the surroundings for the detection of other veins. The last sampling program observed one vein within a rock wall that sampled up to 80.1% graphitic carbon and this upcoming program will allow the company to view the rock wall of the pit area that wasn't visible during the last reconnaissance campaign due to snow presence. Historic data revealed that 5 graphitic veins, ranging from 10 to 60 centimeters in width, were mined on the Miller Graphite property. The mapping will focus on finding the extensions of those veins along the structural wall and on the surface of the mine pit and will enable the Company to conduct grab sampling and channel sampling by using a rock saw. The samples will be sent to Activation Laboratories (Actlab) in Ancaster, Ontario for graphitic carbon analysis. The geological context and structure of the mineralization will also be studied to determine future exploration targets in similar geological context or direct extension. The geophysical survey, comprising MaxMin electromagnetics ("EM") is expected to cover 6.5 km of survey line over a total 0.3 square kilometer area surrounding the Miller Graphite Mine pit in the direction of the known vein's south and north extension. EM readings will be done at 12.5 metre intervals on 50 metres spaced lines. The purpose of the EM survey is to determine the location, depth and width of the graphite veins and zones. The company hopes to find anomalous EM responses in the direct south and north extension of the mine pit that could be related to the past mined graphite veins system thereby enabling the company to determine the size of the Miller Graphite Mine vein system close to surface. A new experimental technique will also be used to take constant EM readings which should help in finding mineralization close to surface (in the first 25 metres deep). The geophysical results will also help detect the location and extension at depth of any other graphite veins present in the area. Results from Phase I will be used to organize a Phase II drill program that will test the most favorable exploration targets.

Canada Carbon Inc. Auditor Raises 'Going Concern' Doubt

Canada Carbon Inc. filed its Annual on Apr 23, 2013 for the period ending Dec 31, 2012. In this report its auditor, McGovern, Hurley, Cunningham, LLP, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

Canada Carbon Inc. Acquires Additional Claims on Miller Graphite Mine

Canada Carbon Inc. announced the acquisition of a 100% interest in three additional claim units contiguous to Canada Carbon's historic Miller Graphite Mine. The claims are located on the NTS map sheet 31G10 near Grenville, Quebec. With this new land acquisition, the Miller Graphite property now covers 13.2 kilometers of prospective graphite potential.

 

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