Bessor Minerals Inc. announced the acquisition of the Jagrite Graphite Project near Bella Coola, BC. The project covers 139.4 hectares and has graphite occurrences in bedrock over a 400 X 400 meter area. The terms of the acquisition include cash payments totaling Cad$70,000 and issuing 2,000,000 common shares to the Vendor. CEO Jason Riley expressed excitement about adding the project to their portfolio for further exploration. Bessor is focused on developing the Redhill deposit in BC and holds a 1% NSR on claims in the Blackwater Mine. Andris Kikauka, P.Geo., reviewed and approved the disclosure.

Read more at GlobeNewswire: Bessor Announces Acquisition of Graphite Prospect