Nouveau Monde Announces the Results of Its Drilling Program Completed IN January 2018, Including a 69.5 Meters Interval of 5.08 % CG Content, Located IN the Southern Extension of the WEST Zone of the Tony Claim Block Symbol: NOU (TSX Venture), OTCQX: Nmgrf, Frankfurt: NM9
NOUVEAU MONDE ANNOUNCES THE RESULTS OF ITS DRILLING PROGRAM COMPLETED IN
JANUARY 2018, INCLUDING A 69.5 METERS INTERVAL OF 5.08 % CG CONTENT, LOCATED IN
THE SOUTHERN EXTENSION OF THE WEST ZONE OF THE TONY CLAIM BLOCK
SYMBOL: NOU (TSX VENTURE), OTCQX: NMGRF, FRANKFURT: NM9
February 29th, 2018 FOR IMMEDIATE RELEASE
SAINT-MICHEL-DES-SAINTS, QUEBEC –Nouveau Monde Graphite Inc. (TSX-V: NOU) (“Nouveau
Monde”) has the pleasure to announce th e results of its January 2018 drilling program in the
extension of the West Zone of the Tony claim block, part of its Matawinie graphite property. The
results contain intervals of several tens of meters including one at 69.5 meters grading 5.08% Cg.
This last drilling campaign sought to increase the graphite resource through the extension of the
projected pit towards the south and to maximize the mining plan in view of the feasibility study.
The project is located in the Saint -Michel-des-Saints area, some 1 50 km north of Montreal,
Québec, Canada. A prefeasibility study, completed in accordance with the NI 43 -101 guidelines,
was published in Fall of 2017 (see press release dated October 25th, 2017).
“I am very pleased with the results of the most recent drilling program in the extension of the West
Zone of the Tony block because these seem to confirm the presence of a zone reporting content
with a higher grade than the current resource estimate. Importantly, this area has v ery little
overburden and outcrops significantly, making for easier access and lower mining costs than other
areas of the projected pit. This interesting scenario should positively impact the next mineral
resource updates on our West Zone as well as the project’s economic factors to be detailed in the
feasibility study planned for Fall 2018 ,” explains Éric Desaulniers, President and Chief Executive
Officer of Nouveau Monde.
The following files can be downloaded in support of the reading of the paragraphs below:
• Tony Block location map: https://nouveaumonde.ca/wp-content/uploads/Carte-
localisation-du-bloc-Tony_PR_2018-03-01-.pdf
• West Zone location map : https://nouveaumonde.ca/wp-content/uploads/Carte-
localisation-2018-West-Zone-Drilling_PR_2018-03-01-.pdf
• Section W-0200 : https://nouveaumonde.ca/wp-content/uploads/2018_Tony-
Section_W-0200.pdf
• Section W-0300 : https://nouveaumonde.ca/wp-content/uploads/2018_Tony-
Section_W-0300.pdf
Drilling
The January 2018 drilling campaign consisted of 11 holes totaling 2,210 m in the extension of the
West Zone of the Tony Claim block . The operation resulted in the extension of the West
mineralized zone , which now measures approximately 2. 6 km in strike length. The dip of the
mineralized horizons varies from sub vertical to around 75° towards the east. The mineralization
remains open to the north, to the south and at depth. The mineralized intersections provided by
the recent drilling program are presented in Table 1 below.
Table 1: Mineralized intersections provided by the January 2018 drilling program
Drill hole Section From (m) To (m) Mineralized Interval (% Cg)*
TO-18-127 W-0300 12.3 30.4 18.1 m @ 4.47 %
W-0300 54.6 101 46.4 m @ 4.36 %
TO-18-128
W-0100 89 103.1 14.1 m @ 4.77 %
W-0100 105.25 141 35.75 m @ 4.78 %
W-0100 160 170 10.0 m @ 3.73 %
W-0100 174 203 29 m @ 3.15 %
TO-18-129 W-0100 240 276.5 36.5 m @ 4.26 %
W-0100 279 295 16.0 m @ 4.5 %
TO-18-130
W-0200 6.6 19.6 13.0 m @ 3.93%
W-0200 22.6 43.5 20.9 m @ 3.89 %
W-0200 61.8 72 10.2 m @ 3.04 %
W-0200 87.5 157 69.5 m @ 5.08 %
W-0200 165.2 203.4 38.2 m @ 5.36%
W-0200 208.7 219.6 10.9 m @ 4.92%
TO-18-131
W-0200 72 82 10.0 m @ 3.85 %
W-0200 87.5 103 15.5 m @ 5.08 %
W-0200 119 141 22.0 m @ 4.25 %
W-0200 227.3 239.7 12.4 m @ 4.03 %
W-0200 241.6 268 26.4 m @ 5.07 %
W-0200 270.75 300 29.25 m @ 5.05 %
TO-18-132
W-0300 15.8 60.2 44.4 m @ 4.8 %
W-0300 84.5 100.4 15.9 m @ 4.0 %
W-0300 148.35 173.6 25.25 m @ 5.68 %
W-0300 193 234.9 41.9 m @ 4.02 %
TO-18-133 W-0400 6.8 46.2 39.4 m @ 3.79 %
W-0400 50.65 71 20.35 m @ 4.2 %
TO-18-134 W-0400 5 20.9 15.9 m @ 4.51 %
TO-18-135 W-0300 10 30.4 20.4 m @ 3.66 %
TO-18-136
W+0000 59 111.3 52.3 m @ 5.3 %
W+0000 166 177.5 11.5 m @ 4.52 %
W+0000 193.4 204 10.6 m @ 3.25 %
TO-18-137 W+0100 12 22.4 10.4 m @ 2.25 %
W+0100 79 128.4 49.4 m @ 4.72 %
W+0100 188.9 201 12.1 m @ 3.25 %
* Only mineralized intervals over 10 m in length are presented. Mineralized intervals do not represent true
width. All samples were analyzed for graphitic carbon (Cg) at the ALS Minerals facilities in North Vancouver,
B-C, using a LECO analyzer (ALS internal code C-IR18).
The samples of the 2018 campaign were generally 2 m in length and the core barrel was NQ size
(47.6 mm). All the holes from sections W +0000 to W +0100 were more or less oriented N 113o
(perpendicular to the long axis of the zone), with a dip of -45o, while those from sections W-0100
to W-0400 were oriented N090o, also with a dip of -45o.
To date, 90 core drill holes ranging in length from 36 m to 307 m were completed over the West
Zone of the Tony claim block for a total of 16,975.13 m. The graphitic mineralization is mostly
encased within paragneiss units.
Quality Assurance – Quality Control
Bernard-Olivier Martel, P.Geo, supervised the January 2018 drilling program. A strict protocol,
including the insertion of duplicate and blank samples within the sample stream was adopted as
part of a quality assurance and quality control (QA/QC) program. Graphite standards were also
included within the borehole sampling protocol. Duplicate, blank and graphite standard sample
results returned values within acceptable limits. Mr. Martel performed and supervised the
preparation and sample submittal for the drilling program.
The mineralized samples of drill core samples were selected for analysis by Mr. Bernard -Olivier
Martel. The mineralized drill core was split into quarters using a rock saw. For each sample, a
quarter core sample was individually bagged and sent for analysis, a remaining quarter core
sample was kept as a reference and a half core sample was kept for possible metallurgical testing.
Samples were all analyzed for graphitic carbon (Cg) content by a LECO analyzer at the ALS Minerals
laboratory in North Vancouver (B-C), Canada using their internal code; C-IR18. This laboratory is
ISO 9001:2008 and ISO 17025 accredited.
Other developments
Nouveau Monde is actively advancing the development of its graphite project on its Matawinie
property. The continuing of the geotechnical studies is scheduled in order to optimize the mining
operation plan for the feasibility study. To this end, a hydrogeological study aiming to characterize
groundwater movements in the pit sector and a study of the bearing capacity of the soil have both
been completed. In order to maximize the process of the commercial plant, additional
metallurgical testing is planned by April 2018.
About Nouveau Monde Graphite
In 2015, Nouveau Monde discovered a graph ite deposit on its Tony claims block, part of its fully
owned Matawanie graphite property. This discovery recently gave rise to the publication of
results from a Prefeasibility Study (PFS), released on October 25, 2017, by Nouveau Monde. This
PFS demonstrated strong economy with a planned production of 52,000 tpy of high purity flake
graphite concentrate, and a mine life of 27 years. The Probable Mineral Reserves identified over
the West Zone of the Tony Block totals 33.0 Mt grading 4.39 % Cg. These Reserve s are prepared
in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum Definitions
Standards for mineral resources in concordance with National Instrument 43-101 – Standards of
Disclosure for Mineral Projects (« 43 -101 »). The Matawin ie graphite project is located in the
municipality of Saint-Michel-des-Saints, approximately 150 km north of Montreal. It benefits from
direct access to a workforce and the appropriate infrastructure to operate, including abundant
and renewable hydroelectr ic resources. Nouveau Monde’s team members are developing this
project with the outmost respect for the neighboring communities, while targeting a low
environmental impact footprint.
The technical information in this news release was prepared by Bernard-Olivier Martel, P.Geo ,
and reviewed by Eric Desaulniers, M.Sc., P.Geo, President & CEO of Nouveau Monde Graphite.
Both are Qualified Persons as define by NI 43-101.
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