Access to critical infrastructure translates into an enhanced profile while facilitating and accelerating operations
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The Berkwood Graphite Project is immediately adjacent to Nouveau Monde’s $3.6 Billion NPV Uatnam Graphite Mining Project and is likely part of the same geological structure, especially since the grades and metallurgy of both companies graphite is similar. Over the past 6 years the Berkwood Project has been drilled numerous times and has a proven resource of 3.2 million tonnes of indicated and inferred, as per our 43-101 resource report. This resource estimate should be easy to expand as to date only approx 10 % of the properties have been drilled. The Company has numerous other properties with outcropping graphite that have tested as high as 48% graphite. Follow up drilling is planned on these properties to expand the resource estimate.