Nouveau Monde Updates Mineral Resource Estimate for Its West Zone Deposit, Matawinie Graphite Property

Nouveau Monde Graphite (TSXV:NOU)(OTCQB:NMGRF)(FRANKFURT:NM9) (“Nouveau Monde” or the “Corporation”) is pleased to announce the results of an updated pit-constrained Mineral Resource Estimate (the “Current Resource”) concerning the West Zone Deposit, located on the Tony claim Block, part of its Matawinie graphite Property. The Current Resource is summarized in Table 1 below and is compared to the pit-constrained Mineral Resource Estimate (the “Previous Resource”) included in the Preliminary Economic Assessment report press released on June 22, 2016.
As quoted in the press release:

Eric Desaulniers commented “I am very pleased with our recent drill program which essentially enabled us to move 100% of our inferred resource into the indicated resource category. This speaks to the quality of our original drilling and the strength of the deposit mineralization. The next step will be to input this information into our optimized mine plan that will be the basis of our pre-feasibility study due out in September 2017. My team is led by in-house professionals with years of hands-on graphite production experience. Their leadership and input into our pre-feasibility study will be invaluable and gives me increased confidence in the quality of our new project economics to come.”

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