Ceylon Graphite had started its exploration program in Sri Lanka to discover new high purity graphite veins. Sri Lanka was one of the top source of graphite in the world and had established a good name in the market but had a decline in recent years. Still, the country has a lot of potential and thanks to the long term connection of Jacob Capital Management with the locals, Ceylon Graphite was able to claim 116 grids which contain one kilometer each. The good relationship between Sasha Jacob and the locals was further supported with John Tory, Mayor of Toronto visiting the site. The exploration then started.