Nemaska Lithium Updates Mineral Resource for Whabouchi

Nemaska Lithium Inc. (TSXV:NMX, OTCQX:NMKEF,FWB:N0T) has completed an updated Mineral Resource estimate on the Whabouchi project that it will releases with the NI 43 101 compliant Feasibility Study.

Highlights from the update include:

2014 vs 2011 Mineral Resource Estimate (In-pit) – Whabouchi Project
Resources Categories	2014 Tonnage (Mt)*	2014 Li2O Grade (%)	2011 Tonnage (Mt)*	2011 Li2O Grade (%)	Increase in tonnage (Mt)
Measured	12.998	1.60	11.294	1.58	1.704
Indicated	14.993	1.54	13.785	1.50	1.208
Measured + Indicated	27.991	1.57	25.079	1.54	2.912
Inferred	4.686	1.51	4.401	1.50	0.285

Guy Bourassa, CEO of Nemaska Lithium commented:

In any mining project, regardless of the commodity or location, grade is king, Whabouchi is an exceptionally high grade lithium deposit unlike any other in North America and we are very pleased with the updated Mineral Resource estimate, as it shows an increase in both tonnage and grade of the measured and indicated resources.

The homogeneity of the grade within the optimized pit shell is clearly shown in the attached grade curve analysis. “Equally important is the fact that the deposit remains open at depth and that the blocks of the resources model located below the optimised pit shell are not included in the Mineral Resources as it can be seen on the attached longitudinal view. This update of the Resource estimate is a positive step in finalizing the Feasibility Study on the Whabouchi project. We have a potential of 25+ years of resources to be mined. We are planning to release the Feasibility Study during this quarter which will include this updated Mineral Resource estimate. We expect that these resources numbers will positively impact the economics of the project.

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