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Nouveau Monde Intersects 3.91 Percent Graphite over 94 Meters at Matawinie
Sep. 10, 2015 09:38AM PST
Battery Metals Investing
Nouveau Monde Mining (TSXV:NOU) announced the first drilling and trenching assay results from the ongoing 2015 drill program at its Matawinie graphite property, which intersected 3.91 percent graphite over 94 meters in trench.
Nouveau Monde Mining (TSXV:NOU) announced the first drilling and trenching assay results from the ongoing 2015 drill program at its Matawinie graphite property, which intersected 3.91 percent graphite over 94 meters in trench.
As quoted in the press release:
An extensive trenching and 9000 meters drilling program was initiated on the property’s Tony claim block in late June following repeated discoveries of high grade graphite showings coincident with multi-kilometric conductive anomalies reported earlier this summer (see press releases dated May 28 and July 9, 2015). The objective of the work program is to define the most promising graphite resource among the different mineralized zones on the project before year end in order to come up with a preliminary economic assessment during the first half of 2016.
A total of five trenches ranging in length from 62 to 198 m were excavated and sampled. Laboratory results are pending, except for trench TO-15-TR-5 dug on the South-West Zone adjacent to drill section S-1500 for which complete assays have been received. Channel samples from the program each measured approximately 2 m in length, 4 cm in width, and 10 cm in height. Although the best individual channel sample result from this trench is 7.46 % graphitic carbon (“Cg”) over 2 m, a total of 20 samples returned over 5% Cg. The northern contact of the mineralized horizon was intersected, but it remains open to the south where thick overburden (> 3 m) precluded excavation.
The samples were collected in excavated trenches using a portable gas-powered rock saw. The trenches were oriented approximately perpendicular to the gneissossity whose dip varies from 300 to 900 (vertical). Trench locations are seen on the property map, while assay results are available below (Table 1) and on drill section S-1500. Results from trenches TO-15-TR-06 through TO-15-TR-09 will be reported upon receipt.
Click here to read the full Nouveau Monde Mining (TSXV:NOU) press release.