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Nouveau Monde Mining Enterprises Inc.
Summary
| Project: | Matawinie | |
|---|---|---|
| Deposit: | Tony Block | |
| Location: | Canada | |
| Commodities: | Graphite | |
| Date: | 9/27/2016 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 27-9-2016: Nouveau Monde Mining Enterprises Inc. announces an Exploration/Drilling Update report for its Tony Block deposit at the Matawinie project. Drilling results incl. 84.4m @ 4.95% Cg from 127.1m. GATINEAU, QUEBEC – Nouveau Monde Mining Enterprises | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Bernard-Oliver Martel, Antoine Cloutier (Internal) | |
| ABSTRACT: | GATINEAU, QUEBEC – Nouveau Monde Mining Enterprises Inc. (“Nouveau Monde”) (TSX VENTURE: NOU) is pleased to report results from its summer of 2016 drilling program located on the West Zone of the Tony claim block, part of its Matawinie graphite Property. The project is located in the Saint-Michel-des-Saints area, some 120 km north of Montreal, Québec, Canada. A Preliminary Economic Assessment (PEA), completed in accordance with the NI 43-101 guidelines, was completed for the Tony Claim Block earlier this year (see press release dated June 22, 2016). The summer of 2016 drilling campaign consisted of 22 holes totaling 3,597 m. The operation resulted in the extension of the West mineralized zone, which now measures approximately 2.2 km in strike length. The dip of the mineralized horizons varies from sub vertical to around 75° towards the east. The mineralization remains open to the north, to the south and at depth. The mineralized intersections provided by the recent drilling program are presented in Table 1 below. Bernard-Olivier Martel, P.Geo, supervised the 2016 drilling program. A strict protocol, including the insertion of duplicate and blank samples within the sample stream was adopted as part of a quality assurance and quality control (QA/QC) program. Graphite standards were also included within the borehole sampling protocol. Duplicate, blank and graphite standard sample results returned values within acceptable limits. Mr. Martel performed and supervised the preparation and sample submittal for the drilling program. | |
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