Nouveau Monde Posts Drill Results from Matawinie Graphite Project

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Nouveau Monde Mining Enterprises Inc. (TSXV:NOU) announced yesterday the results from the fall 2013 drilling program completed at its Quebec-based Matawinie graphite project, commenting that the highest assay result comes from hole GN-5, which returned a 1-meter intersection grading 24.6-percent graphitic carbon (Cg).

Nouveau Monde Mining Enterprises Inc. (TSXV:NOU) announced yesterday the results from the fall 2013 drilling program completed at its Quebec-based Matawinie graphite project, commenting that the highest assay result comes from hole GN-5, which returned a 1-meter intersection grading 24.6-percent graphitic carbon (Cg).

As quoted in the press release:

The late October to late November drill campaign consisted of 19 BQ size drill holes totaling 1505 m. The program was designed to test two distinct multi-kilometric electromagnetic anomalies referred to as ‘Ti-Nou’ and ‘Gros-Nou.’

A total of 192 split core samples, averaging 1 m in length, were analyzed for graphitic carbon (or ‘Cg’) and sulfur (or ‘S’) content. Of these, 112 samples returned significant Cg results (greater than 5% Cg). All of the 19 drill holes, with the exception of hole TN-12, displayed mineralized intersections over 4 % Cg measuring a minimum of 1 m in length.

The highest assay result was obtained in hole GN-5 which returned a 1 m intersection grading 24.6 % Cg. A total of 11 core holes were drilled on the Ti-Nou area along the main linear electromagnetic anomaly. The distance between the easternmost and westernmost holes span a length of approximately 1385 m. The 8 drill holes located on the Gros-Nou anomaly cover an area of approximately 360 m by 640 m.

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

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