First Bauxite Corporation reports completion of test pit mining program in Guyana

<p>First Bauxite Corporation has announced that it has filed its audited year-end financial statements and management's discussion and analysis for the year ended December 31, 2016. First Bauxite Corporation is a Canadian natural resource company engaged in the exploration and development of bauxite deposits in Guyana, South America and intends to produce ceramic proppants for the energy industry in the future.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/bauxiteguinee.jpg" alt="News" width="517" height="226" /></p> <p>The Company completed mining and loading a bulk sample from the test pit mining program on the Bonasika project in Guyana. More than 17,000 metric tons of high grade Direct Feed Bauxite ("DFB") were mined and 2,300 metric tons of DFB were bagged and shipped to a ceramic proppant plant in China for a series of industrial scale production trials that commenced in Q3 2016. Final production volumes and chemical assays from the bulk sample test pit mining program were consistent with the geological block model of the Technical Report filed in August, 2015.</p> <p>{googleAdsense}</p> <p><span>The Company signed a Production Services Agreement with a ceramic proppant producer in China to conduct industrial scale production trials to produce an ultra-high strength ceramic proppant. The production trials began in Q3 2016 and continued into 2017.&nbsp;</span></p>