Mason Graphite reports 658% increase in measured and indicated mineral resources to 50 million tonnes, including 6.7 million tonnes grading 32.4% Cg
http://www.stockhouse.com/news/press-releases/2013/12/05/mas…
Highlights from the updated mineral resource estimate
Measured & Indicated ("M&I") mineral resources increased 658% from 7.6 million tonnes ("Mt") to 50 Mt
Inferred mineral resources increased from 2.8 Mt to 11.9 Mt
Overall M&I grade of 15.6% Cg; the main parameters of the preliminary economic assessment for the Lac Guéret project (the "PEA") are still valid: 22 years of production at 27.4% with a low stripping ratio at 0.76:1 and low operating costs at $390/tonne