Mason Graphite Inc.: Key Process Equipment Delivered for the Lac Guéret Project
MONTREAL, Feb. 08, 2019 — Mason Graphite Inc. (“Mason Graphite” or the “Company”) (TSX.V: LLG; OTCQX: MGPHF) is pleased to announce that an important milestone regarding key process equipment has been reached and also provides a brief operational update.
First and foremost, four of the six grinding mills, which are the main process equipment, were delivered in Baie-Comeau. Two press filters as well as the last two mills are currently on their way. Pictures of the mills being delivered and of one of the filters in transit can be seen below and on Mason Graphite’s website at: http://www.masongraphite.com/projects/photo-gallery/default.aspx
The pre-construction work has been advancing as well, notably with the completion of the wood clearing at the mine site of Lac Guéret. The Company is also pleased to report that all permits underlying the Decree required to begin ground construction at both mine site and plant site have been obtained.
Spherical Graphite Pilot Plant Equipment
Micronization and rounding equipment for the upcoming Li-ion battery spherical graphite pilot plant are also under way; they should be received by the end of February and should be operational in March.
Lastly, as discussed at a presentation to local communities in Baie-Comeau on January 11th, 2019, financing discussions are progressing well and the Company is maintaining its goal of beginning full-scale construction efforts this Spring.
About Mason Graphite and the Lac Guéret Project
Mason Graphite is a Canadian mining and processing company focused on the development of its 100% owned Lac Guéret natural graphite deposit located in northeastern Québec. The Company is led by a highly experienced team that has over five decades of experience in graphite production, sales, and research and development. For more information, visit www.masongraphite.com.
Mason Graphite Inc. On Behalf of the Board
“Benoît Gascon, CPA, CA”, President & Chief Executive Officer
For more Information:
Simon Marcotte, CFA, Director Corporate Development at +1 (647) 801-7273
For more information relating to local communities:
Luc Veilleux, CPA, CA, CFO and Executive Vice-President
+1 (514) 289-3582
Head Office: 3030, boulevard Le Carrefour, bureau 600, Laval, Québec, H7T 2P5