Project's property is the Kringelgruvan concession. Woxna Graphite AB, a subsidiary of the Company, owns approximately four mining concessions over graphite deposits (the Kringelgruven graphite deposit, Gropabo graphite deposit, Mattsmyra graphite deposit and Mansberg graphite deposit-the Woxna Project) located along approximately 40 kilometers trend in central Sweden. The Kringelgruvan deposit lies adjacent to the processing plant, tailings dam and related infrastructure. The Company's mineral leases have total measured and indicated mineral resources of approximately 7.7 metric tons.