Mason Graphite Inc.

Mason Graphite Inc. is a Canadian mining company focused on the exploration and development of its 100%-owned Lac Guéret graphite project, located in northeastern Québec. The graphite grade on this property is among the highest in the world and the company intends to transition the project to production by the end of 2015. The Lac Guéret property currently hosts an NI-43-101-compliant mineral resource based only on 17% of the known mineralized zone. Excellent potential exists for mineral growth. A preliminary economic assessment study features 22 years of production at 27.4% Cg and a pre-tax internal rate of return of 33.7% (see June 6, 2013, news release). The Mason Graphite management team possesses over five decades of experience in graphite production, sales and R&D and is well suited to deliver value to all its stakeholders.

Expert Comments:

David Talbot, Dundee Capital Markets (12/15/14)
"Mason Graphite Inc. is well funded and has an extensive following. Its 100% owned Lac Guéret project is high grade with strong recoveries. Its experienced management is actively working towards the completion of its definitive feasibility study (Q2/15), with expected construction in 2016 should financing be in place."

Charlotte McLeod, Resource Investing News (12/15/14)
"A year after it increased the Measured and Indicated mineral resource for its Quebec-based Lac Gueret project by a whopping 658%, Mason Graphite Inc. is back with another update. This time, the company has upped the project's Measured and Indicated mineral resource by a more modest 31%. It now sits at 65.7M tonnes grading 17.2% Cg at a 5-percent cut-off grade, up from 50 million tonnes grading 15.6% Cg, including a high-grade resource of 9.7M tonnes grading 31.2% Cg at a cutoff grade of 25%."

Daniel Greenspan, Macquarie Capital Markets (11/18/14)
"Mason Graphite Inc. announced results from a tradeoff study looking at locating the mill for the Lac Guéret graphite project in Baie-Comeau, ~288 km from the mine site. The unique high-grade nature of the deposit provides the company with the opportunity to consider trucking ore to a mill; the results from the study show the potential to decrease capex by up to 8% and opex by up to 20%. . .we maintain our Outperform rating."

"The challenge is to make graphene at a fraction of today's price, which would spur demand. Companies such as Mason Graphite Inc. are working on this. They have agreements with graphene research companies. . .Mason Graphite is working on its feasibility study on its Lac Guéret graphite project in northeastern Québec. The preliminary feasibility on Lac Guéret posted a 33.7% pretax internal rate of return and a payback of only 2.5 years. Lac Guéret is very high grade at 27% carbon, a grade it would extract over the life of the mine. The flake size and recovery seem around the average of others. The feasibility study should demonstrate the effect of the high grade on overall production costs. Mason is the leader as far as grade is concerned." read more >

Daniel Greenspan, Macquarie Capital Markets (10/9/14)
"Mason Graphite Inc.'s infill drill results highlight the continuity of mineralization within the existing resource at a consistently high grade. The holes outside of the existing pit shell considered in the PEA, combined with the drill results reported in late-July from stepout drilling on the north-east extension of the deposit demonstrate the potential for the company to look at options to optimize the pit design and to extend high grade mining beyond the initial 22 years at 27.4% Cg currently planned."

Jim Rogers Interview with Midas Letter (8/28/14)
"Mason Graphite Inc. knows more about producing graphene than most other people, plus it also has a mine. And a lot of people are good at producing graphene from graphite, but it’s be good to have the graphite as well. . .the company also has intellectual property. And the people who run Mason Graphite were running the largest graphite company in the world [before they] took over this company. . .Mason Graphite has the government of Québec as its partner, putting up a lot of the money. . .in my view, it’s probably the place to play graphite or graphene."

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