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NMG Files Preliminary Economic Assessment for the Uatnan Mining Project

NMG Files Preliminary Economic Assessment for the Uatnan Mining Project Canada NewsWire...

articleTransoceanic Investments Inc.March 1, 20234/company/transoceanic-investments-inc/news/nmg-files-preliminary-economic-assessment-for-the-uatnan-mining-project-1
NMG Files Preliminary Economic Assessment for the Uatnan Mining Project

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[{"type":"text","content":"\n \n \n \n NMG Files Preliminary Economic Assessment for the Uatnan Mining Project\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nPADDING-RIGHT:0.17em; PADDING-LEFT:0.17em; VERTICAL-ALIGN: TOP; TEXT-ALIGN: LEFT; BORDER-TOP:black 0.5pt solid; BORDER-RIGHT:black 0.5pt solid; BORDER-BOTTOM:black 0.5pt solid; BORDER-LEFT:black 0.5pt solid\n}\n.prnml4{\nMARGIN-TOP:0em; MARGIN-RIGHT:0em; MARGIN-BOTTOM:0em; MARGIN-LEFT:0.33em !IMPORTANT\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE; BORDER-TOP:1pt black; BORDER-RIGHT:1pt black; BORDER-BOTTOM:1pt black; BORDER-LEFT:1pt black\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Preliminary economic assessment of the Uatnan Mining Project\n \n demonstrates attractive economics with an indicative NPV of\n \n C$ 2,173 million\n \n for a targeted production of approximately 500,000 tonnes of graphite concentrate per annum over a 24-year life of mine, making it one of the world's largest graphite projects in development.\n \n \n \n \n MONTRÉAL\n \n ,\n \n \n March 1, 2023\n \n \n /CNW/ - Mason Graphite Inc. (TSXV : LLG) (OTCQX : MGPHF) reports: Following the\n \n publishing of results on\n \n January 10, 2023\n \n \n , Nouveau Monde Graphite Inc. (\"NMG\" or the \"Company\") (\n \n NYSE: NMG,\n \n \n TSX.V: NOU\n \n ) has filed the\n \n preliminary economic assessment (\"PEA\") for the Uatnan mining project\n \n (the \"Uatnan Mining Project\") located in Québec,\n \n Canada\n \n , with the securities commissions and regulatory authorities in\n \n Canada\n \n and the U.S. The PEA, conducted by engineering firms BBA Inc. (\"BBA\") and GoldMinds Geoservices Inc. (\"GMG\") according to National Instrument 43-101 Standards of Disclosure for Mineral Projects (\"NI 43-101\"), was carried out in collaboration with Mason Graphite Inc. (\"Mason Graphite\") (TSX.V: LLG, OTCQX: MGPHF) as the Uatnan Mining Project leverages the Lac Guéret deposit wholly-owned by Mason Graphite and subject to an\n \n investment agreement and option and joint venture agreement with NMG.\n \n \n \n \n \n \n \n \n \n \n The PEA show...

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