Stem 7 Capital Inc. Files PEA on Santa Cruz Graphite Project
13.12.2017 | The Newswire
Vancouver, December 13, 2017 - Stem 7 Capital Inc. (“Stem 7” or the “Company”) (TSXV: STS.H) Further to the Company’s news release dated October 23, 2017, the Company has filed a National Instrument 43-101 technical report dated August 21, 2017 and entitled “Preliminary Economic Assessment Brasil Grafite S.A. on the Santa Cruz Graphite Project Itabela, Baha, Brazil” (the “PEA”). There are no material differences between the mineral resources, mineral reserves or results disclosed in the PEA and those disclosed in the Company’s October 23, 2017 news release. he PEA can be found under the Company’s Sedar profile at www.sedar.com. On behalf of the Board,
Eric Allison, Chief Executive Officer
Ph: +1 (203) 918-3098 / Email: eta719@gmail.com
For additional information, please contact:
Stem 7 Capital Inc.
Kris Kottmeier
Ph: +1 (604) 506-2502
Email: kris@venturestox.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note: The PEA is considered by STS to meet the requirements of a Preliminary Economic Assessment as defined by Canadian Securities Administrators ' National Instrument 43-101 ("NI 43-101") Standards of Disclosure for Mineral Projects . The economic analysis contained in the technical report is based, in part, on Inferred Resources (as defined in NI 43-101) and is preliminary in nature. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. There is no guarantee that all or any part of the Mineral Resource will be converted into a Mineral Reserve. Inferred Resources are considered too geologically speculative to have mining and economic considerations applied to them and to be categorized as Mineral Reserves (as defined in NI 43-101). Additional trenching and/or drilling will be required to convert Inferred Mineral Resources to Measured or Indicated Mineral Resources. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. There is no certainty that the reserve's development, production and economic forecasts on which the PEA is based will be realized.
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