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Mason Graphite Reports Intercepts of 40.3-percent Cg at 27 Meters at Lac Gueret

Written by Investing News Network
|
Oct. 08, 2014 03:34PM PST

Mason Graphite Inc. (TSXV:LLG,OTCQX:MGPHF) announced that a second batch of assay results from its 2013 to 2014 drilling program shows high-grade percentages of graphitic carbon (Cg) in several different holes at its Lac Gueret project.

Mason Graphite Inc. (TSXV:LLG,OTCQX:MGPHF) announced that a second batch of assay results from its 2013 to 2014 drilling program shows high-grade percentages of graphitic carbon (Cg) in several different holes at its Lac Gueret project.

According to the press release, highlights from outside the PEA open-pit envelope include:

  • Hole LG-420 intersected 42 metres at 24.6 % Cg, including 17 metres at 34.7 % Cg near the surface (7 metres);
  • Hole LG-439 intersected 58 metres at 20.2 % Cg, including 14 metres at 36.6 % Cg;
  • Hole LG-455 intersected 202 metres at 21.6 % Cg, including 3 intersections of 17, 24 and 46 metres at 30.7 % Cg to 33.3 % Cg, respectively;
  • Hole LG-458 intersected 91 metres at 25.3 % Cg, including 30 metres at 40.8 % Cg; and
  • Hole LG-463 intersected 130 metres at 26.7 % Cg, including 57 metres at 39.0 % Cg.

Benoit Gascon, president and CEO of Mason Graphite, said:

We are very pleased that these new results confirm the continuity of the mineralization within the GC zone. Furthermore, we continue to obtain high graphite grades, which supports our belief in the exceptional quality of the Lac Guéret property.

Click here to read the Mason Graphite Inc. (TSXV:LLG,OTCQX:MGPHF) press release.

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