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Northern Graphite lifts Bissett Creek production outlook

Project developer Northern Graphite (TSXV:NGC) is considering a 20% increase in the proposed production run rate for its flagship Bissett Creek project in Ontario, at only 6% more capex for the first-phase development, the company said Friday.

Northern Graphite lifts Bissett Creek production outlook Northern Graphite lifts Bissett Creek production outlook Northern Graphite lifts Bissett Creek production outlook Northern Graphite lifts Bissett Creek production outlook Northern Graphite lifts Bissett Creek production outlook

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It said higher production would also reduce unit operating costs and was expected to have a "very positive" effect on the project's NPV and IRR.