Abasca Resources Inc. is pleased to provide an update on the exploration activities at its 100%-owned Key Lake South Project . Exploration in 2025 was comprised of two drill programs at the Loki Flake Graphite Deposit to support expansion and upgrading of resource estimates which the Company anticipates to complete in the first half of 2026. The deposit currently has a 11.31 Mt pit-constrained inferred flake graphite [...]
Abasca Resources Inc. is pleased to release assay results from the winter 2025 drill program at its Loki Flake Graphite Deposit at its 100%-owned Key Lake South Project . The drill program focused on expanding on the initial 11.31 Mt inferred flake graphite resource at 7.65 % Cg1. A total of 5,925 m over 23 holes were completed. This included one hole at the Thor Zone, which successfully intersected three intervals of [...]
Abasca Resources Inc. is pleased to announce that it has closed the non-brokered private placement previously announced on September 8, 2025. Pursuant to the Private Placement, the Company has issued 15,625,000 flow-through common shares at a price of $0.16 per FT Share to raise gross proceeds of $2,500,000. 101159623 Saskatchewan Ltd. , a corporation solely owned by Dawn Zhou, President, CEO and a director of Abasca [...]
Abasca Resources Inc. is pleased to announce the completion of geohydrological and geotechnical drilling work as part of its 2025 summer program at its 100% owned Key Lake South Project . This drilling consisted of six sonic drillholes totaling of 235 m and four diamond drillholes totaling 868 m in and around the Loki Flake Graphite Deposit , as detailed in Table 1 and Figure 2. The material collected, core logging, lab [...]
Abasca Resources Inc. is pleased to release assay results from KLS-25-072, drilled into the Thor Graphite Zone during the winter 2025 drill program at its Loki Flake Graphite Deposit at its 100%-owned Key Lake South Project . The drillhole successfully intersected three zones of graphite mineralization while testing up-dip mineralization in KLS-24-046 drilled in the summer of 2024 . Two of the three mineralization zones [...]
Abasca Resources is pleased to release assay results of the two exploration drillholes northeast of its Loki Flake Graphite Deposit at its 100%-owned Key Lake South Project. The drillholes were designed to test graphite mineralization along parallel conductors within 700 m to the northeast of the Loki Flake Graphite Deposit during the 2024 summer drill program. Assays confirm graphite mineralization along the parallel [...]
Abasca Resources is pleased to announce it has filed an independent technical report on SEDAR+. The Report, prepared in accordance with National Instrument 43-101, supports the initial mineral resource estimate for the Loki Flake Graphite Deposit at its 100%-owned Key Lake South Project. The graphite MRE validates the Company's belief in the Loki Deposit's significant development potential. Mineral Resource Highlights [...]
Abasca Resources is pleased to announce that the Company has engaged CanNorth Environmental Services to conduct environmental studies in 2025 at its 100%-owned Key Lake South Project. The purpose of the studies is to initiate data collection for components that require longer baseline datasets, specifically hydrology, water chemistry, and bathymetry to further advance the development of the Loki Flake Graphite Deposit and [...]
Abasca Resources Inc. is pleased to announce the completion of its 2025 Winter Program at its 100% owned Key Lake South Project . The program consisted of 5,925 m of drilling that was focused on drilling the northwest and southeast extensions of the Loki Flake Graphite Deposit ) as well as to the north of the Loki Deposit. Extensional drilling at the Loki Deposit continued at a 100 m x 100 m grid spacing, similar to the [...]
Abasca Resources Inc. is pleased to announce the maiden mineral resource estimate of its Loki Flake Graphite Deposit at its 100%-owned Key Lake South Project in close proximity to regional infrastructure which services Cameco's Key Lake operation. The graphite MRE denotes a major milestone for the Project and positions Abasca to play a significant role in contributing to North America's secure supply chain of graphite [...]
Abasca Resources Inc. is pleased to release assay results of the remaining fourteen drillholes at its Loki Flake Graphite Zone from its 2024 summer exploration program at its 100%-owned Key Lake South Project . The twenty drillholes totaling 5,499 m were designed at a 100 m x 100 m grid spacing to delineate a 600 m section of the Loki Zone. The Loki Zone remains open along strike and at depth. The 2025 winter drill [...]
Abasca Resources Inc. is pleased to announce that it has engaged an independent mineral resource consulting firm, Understood Mineral Resources Ltd. , to complete a flake graphite resource estimate of its Loki Flake Graphite Zone on its 100%-owned Key Lake South Project . UMR has extensive experience in modeling structurally-controlled resources that are supported and guided by geostatistical analyses. Brian McEwan [...]