INDUSTRIAL MINERALS INC. ANNOUNCES ENGAGEMENT OF AGENT FOR UP TO US $10 MILLION FUNDING
Toronto, Ontario, Canada — May 13th, 2008 — Industrial Minerals Inc. (IMI) -OTCBB: IDSM - (or “the Company”) today announced it has engaged a placement agent (the “Agent”) to conduct a brokered private placement of special warrants (“Special Warrants”) to
INDUSTRIAL MINERALS INC. (IMI) PLANS EXPANDED 2008 DRILL PROGRAM ON BISSETT CREEK
Toronto, Ontario, Canada — April 15th, 2008 — Industrial Minerals Inc. (IMI) -OTCBB: IDSM - (or “the Company”) is pleased to announce that it has developed plans for an expanded exploratory and confirmation drill program on its Bissett Creek large-flake g
INDUSTRIAL MINERALS INC. (IMI) PURSUING HIGH-PURITY, HIGH VALUE GRAPHITE MARKETS
Toronto, Ontario, Canada — April 10th, 2008 — Industrial Minerals Inc. (IMI) -OTCBB: IDSM - (or “the Company”) is pleased to provide its shareholders with this update on developing market opportunities for its Bissett Creek large-flake graphite property i
INDUSTRIAL MINERALS RECEIVES LOI FROM GRAPHITE CUSTOMER
TORONTO, Ontario, Canada — January 23, 2008 — Industrial Minerals Inc. (OTCBB: IDSM - or "the Company") today announced that it has received a letter of intent (LOI) from ACC Resources Corp LP (ACC), one of the world’s largest refined graphite suppliers,
Industrial Minerals Inc. Provides Corporate Update
TORONTO, Ontario,— (December 20, 2007) — Industrial Minerals Inc. -OTCBB: IDSM - (or “the Company”) today announced it has deferred its previously announced private placement, intended to raise up to US $5.0 million, due to current volatile capital market
Industrial Minerals Receives Positive Results From Preliminary Economic Assessment on Bissett Creek
Toronto, Ontario, Canada — November 21, 2007 — Industrial Minerals Inc. -OTCBB: IDSM - (or “the Company”) is pleased to announce that it has received a draft technical report that was prepared under, and is compliant with, National Instrument 43-101 – St
Industrial Minerals Inc. Executes Licensing Agreement With Hydro Quebec
TORONTO, Ontario, Canada — November 8, 2007 — Industrial Minerals Inc. (OTCBB: IDSM - or "the Company") today announced the licensing of five specific patents related to Lithium (Li)-ion battery technology with Hydro Québec. The term of the agreement is f
Graphite is elemental carbon. Graphite is found “native”, that is it exists in the ground in its basic form and does not have to be extracted chemically, like nickel for example. Other forms of native carbon are diamond and coal.
Graphite can be made synthetically. Large amounts are produced every year to make carbon brushes, friction materials, nuclear components etc.
Newer forms of graphite include buckyballs, nanotubes and expanded graphite.
Graphite occurs in nature in the form of lumps or as flakes disseminated in a host rock. Small amounts of lump graphite are mined by hand labor. Most graphite is produced as flakes, extracted from rock by complex physical, metallurgical and chemical processes.
Graphite is dark gray in color and greasy to the feel because of its flakiness. It appears soft and rubs off on surfaces. This property leads to its earliest use as a marker. The word “graphite” comes from the Ancient Greek “graphein” to write. Large amounts of graphite are used to make ”lead” pencils, so called because graphite resembles lead in color.