SOLID FUNDAMENTALS FOR SUCCESS
Graphite is used in over 180 end products. It is an essential and highly desirable product for which consumption and demand continues to increase.
Metal grade equivalencies were calculated for the 2012 mineral resource at 20.4% Cgr to about 9.1 g/t gold (assuming graphite price of $1,750 and gold price of $1,250. Source: Source: Craig Miller at TD Securities).
The Lac Guéret property is ideally located in the “Plan Nord” territory in northeastern Quebec, near the main service centre of Baie Comeau. The “Plan Nord” territory is an economic development strategy launched by the Government of Quebec in May 2011 to help the progression of mining projects located north of the 49th parallel.