Nouveau Monde Releases First Drill Result from Matawinie Graphite Project

Nouveau Monde Mining Enterprises Inc. (TSXV:NOU) announced that a one-hole drill testing program at its Quebec-based Matawinie graphite project returned 11.9-percent graphitic carbon over 17.3 meters, including 13.05-percent graphitic carbon over 13.12 meters. That is the first exploration drilling result from the property.

As quoted in the press release:

Drilling, conducted in mid-July of 2013, was initiated to test the continuation at depth of the Ti-Nou surface showing as well as to test drilling equipment in view of an upcoming field campaign. Hole TN-DH01 was drilled at a -45deg dip angle with an azimuth of 75deg. The drill collar was set directly on the beginning of trench TN-TR01 announced on July 8(th) 2013 and located alongside a dirt road.

A short one (1) hole drill testing program returned 11.9 % Cg over 17.32m including 13.05 % Cg over 13.12 m. Graphitic gneiss was intercepted over the entire 39 m length. Samples collected from split core was sent for analysis, significant results are shown in Table 1.

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