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Bullboard - Stock Discussion Forum Mason Resources Inc V.LLG

Alternate Symbol(s):  MGPHF

Metals & Mining Industrial Metals & Minerals Graphite
Mason Resources Inc. is a Canada-based company. The Company is focused on identifying, evaluating, and pursuing business investment opportunities. The Company holds shares in Black Swan Graphene Inc., which is focused on the large-scale production and commercialization of patented graphene products aimed at several industrial sectors, including concrete and polymers.

TSXV:LLG - Post Discussion

Mason Resources Inc > Lac Gueret compared to Matawinie and Bisset in Canada
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Post by Mookster3 on Oct 21, 2023 6:39am

Lac Gueret compared to Matawinie and Bisset in Canada

Chart below compares Lac Gueret with two other potentially important graphite deposits in Canada; Matawinie, north of Montreal (Nouveau Monde) and Bisset Creek west of Ottawa (Northern Graphite).   
 
 Ore Value Calculation  
FlakeMesh
size		 Price/t
(US$)		 L Gueret (50% LLG)
    Grade 17.5%
     (385 lbC/t)		        Matawinie 
    Grade   4.3%
       (97 lbC/t)		 Bissett Creek
   Grade 2.1%
     (46 lbC/t)
    % lb/t   $/t % lb/t $/t %  lb/t $/t
-32 $6200             16 7   22
-50   1200 13  50    27 20 19   11 42 19   11
-80     500 16  62    11 32 31    8 30 14    4
-100     490 14  54    12 34 33    8 12 6    2
fines     375 57 219    37 10 10    2 nil    
      Total ore value/t $87/t   Total $29/t   Total $39/t
                 
  Deposit size (mmt) 66     62     28
  Contained C (mmkg) 11,300     2,700     590
  Strip ratio 1.3:1     1.2:1     0.3:1
                 
  Market cap (mm)   LLG
  $33		      NOU
 $300		      NGC
  $36
                 
Comment by Directvoice on Oct 22, 2023 12:52am
Nouveau Monde decision to leave Lac Gueret in phase 3 instead of phase 2 seems a mistake if you consider those numbers. How could it be?
Comment by 1student on Oct 22, 2023 2:00am
It wasn't so much of a mistake Directvoice. NMG would have made the mistake in letting the Lac Gueret property slip out of reach and then not being able to utilize Lac Gueret as a huge piece of "juicy bait" for those partnering companies (autommotive manufacturers like Volkswagen/Power Co, Ford, GM and mines operators like Rio Tinto, etc) and the capital investors who would want to ...more  
Mason Resources Inc