November 4, 2015 – Empire Rock Minerals Inc. (“Empire”)(TSX.V-EPR) is pleased to announce that it entered into an option agreement to acquire an 80% interest in 16 mineral claim units referred to as the Graphite West Project located in the Porcupine Mining Division, Ontario, Canada.
Under the terms of the option agreement, Empire can acquire an 80% interest in the Graphite West Project, subject to a 1% net smelter returns royalty, by paying $20,000 to Bluenose Gold Corp. (“Bluenose”)(TSX.V-BN.H) within five days of TSX Venture Exchange acceptance for filing of the agreement, issuing a total of 1,800,000 common shares to Bluenose over three years, and incurring exploration and related business development expenditures totalling $400,000 over four years, subject to acceptance for filing by the TSX Venture Exchange.
The Graphite West Project is considered to be highly prospective for hydrothermal graphite. It is located immediately west of Zenyatta Ventures Ltd.’s Albany hydrothermal graphite project.
Hydrothermal graphite plays an increasingly crucial role in everyday life with emerging green energy technologies. Graphite is a major component of lithium-ion batteries. Lithium-ion battery sales are expected to escalate significantly with rising usage in environmentally friendly electric vehicles including the Tesla, green transportation, industrial vehicles, smart phones, tablets and laptops.
Empire Rock is a Canadian exploration and development company whose principal asset is the Buck Lake platinum, palladium, nickel project located approximately 25 kms from the Lac des Iles platinum/palladium mine near Thunder Bay, Ontario. Empire Rock also has an interest in the Gwyn Lake Gold Property in Northwestern Ontario.
Empire’s common shares are listed and called for trading on the TSX Venture Exchange with the trading symbol “EPR”.
EMPIRE ROCK MINERALS INC.
PER: “Lisa M. Chapman”
LISA M. CHAPMAN
President & CEO
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or the accuracy of this release. Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC’s mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements