Mason Graphite is a Canadian mining and mineral processing company focused on the development of what management believes to be one of the highest grade graphite deposits known in the world. The 100% owned Lac Guéret graphite project is located in northeastern Québec, Canada.
In December 2018, the Company issued the positive results of an updated Feasibility Study (FS) for the Lac Guéret project that featured a long life, low cost operation with an Internal Rate of Return (IRR) of 27.7% (details of the FS can be found on the PROJECT page). This study considers only a fraction of the total Measured and Indicated Mineral Resources. "In-Pit" Mineral Resources beyond the Project Life of 25 years represent the ore looking to be extracted after the initial 25 years of mine life, providing the Company with the flexibility of extending the mine life far beyond what was presented in the results of the Feasibility Study. Details of those figures can be found in the Corporate Presentation.
The company is also advancing a detailed study for large scale production of value-added graphite products, which was initiated in 2015. Such second transformation includes micronization, additional purification, spheronization and coating, resulting in graphite products suitable for a wide range of technical applications (including carbon brushes, brake linings, plastics and lubricants), electrochemical applications (including alkaline batteries, Li-ion batteries and fuel cells), as well as other specialized uses. Mason Graphite has been working on product development and manufacturing processes with the National Research Council of Canada (NRC), COREM and Soutex. The management team has more than 30 years of experience in processing and marketing different types of graphite and other carbon products to the alkaline and Li-ion battery industries.
Mason’s leadership is fully engaged in the realization of a project which respects and even surpasses the recognized standards in sustainable mining development nationally and globally.