Nouveau Monde Discovers High-grade Flake Graphite Zone

Resource Investing News

Nouveau Monde Mining Enterprises Inc. (TSXV:NOU) reported assay results from the prospecting and surface sampling program completed recently at its Quebec-based Matawinie graphite project, noting that channel sampling returned 15.16-percent graphitic carbon over 5 meters. Nine grab samples returned results ranging from 5.08- to 16.8-percent graphitic carbon.

Nouveau Monde Mining Enterprises Inc. (TSXV:NOU) reported assay results from the prospecting and surface sampling program completed recently at its Quebec-based Matawinie graphite project, noting that channel sampling returned 15.16-percent graphitic carbon over 5 meters. Nine grab samples returned results ranging from 5.08- to 16.8-percent graphitic carbon.

As quoted in the press release:

Channel sampling on the Property returned 15.16 % Cg over 5 m.  Five (5) consecutive samples, each measuring 1 m in length and approximately 4 cm in width, were collected on the Ti-Nou showing located on the property block sharing the same name (Table 1). The channel samples were oriented perpendicular to the foliation observed in the host paragneiss outcrop. The channel samples were cut at the bottom of a hand-dug trench measuring a total of 5 m in lengh, 1 m in width and having an average depth of 0.9 m. This trench is easily accessed by vehicle and located on the side of a forestry road. Graphite mineralization at the bottom of the trench is open in all directions and is coincident to an electromagnetic airborne anomaly measuring about 2 km by 250 m.

A total of 33 grab samples from graphite-bearing paragneiss outcrop and subcrop were collected in late May over 4 blocks forming the Matawinie Property. Of those grab samples, nine (9) returned significant results ranging from 5.08 % Cg to 16.8 % Cg (significant results are defined as greater than 5 % Cg for the purpose of this press release). These results further expanded the graphite mineralization observed in the area during a reconnaissance property visit made in 2012.

Click here to read the full Nouveau Monde Mining Enterprises Inc. (TSXV:NOU) press release.

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