Mason Graphite Appoints Tayfun Eldem as Chairman of its Board of Directors
MONTREAL, Feb. 26, 2013 /CNW/ - Mason Graphite Inc. (TSX.V: LLG) ("Mason
Graphite" or the "Company") is pleased to announce the appointment of Mr.
Tayfun Eldem, P. Eng., current Director of the Company, as Chairman of the
Benoît Gascon, CEO of Mason Graphite commented, "We are very pleased that Mr.
Eldem has accepted the position of Chairman for our Board. We have seen
tremendous progress at the Lac Guéret project in the last six months and we
believe his development and operational experience will greatly benefit the
Company as we continue to move the project towards production."
Mr. Tayfun Eldem currently serves as the President and CEO of Alderon Iron Ore
Corp. He has worked for the Iron Ore Company of Canada ("IOC"), a Rio Tinto
subsidiary, for more than 20 years, including three years as a Director on the
joint-venture Board. During this period, Mr. Eldem held many senior roles
including Vice President, Expansion Projects & Engineering and Vice President,
Operations & Engineering. Mr. Eldem was accountable for the development and
delivery of a nearly $2.0 billion program of green and brown fields expansion
projects. Prior to his Projects role, Mr. Eldem was responsible for all of
IOC's Operations including the mine, process plants, rail and port facilities.
Mr. Eldem led a team of about 2,000 to deliver two consecutive years of record
annual material movement at the mine and record ore processing through the
concentrator. Mr. Eldem holds a Bachelor of Engineering degree from Dalhousie
University along with Operations & Strategic Management Certificates from
Richard Ivey School of Business and London Business School.
Mr. Eldem replaces Mr. Tyrone Docherty as Chairman of the Board, however Mr.
Docherty will continue to serve Mason Graphite as Vice-Chairman.
About Mason Graphite
Mason Graphite is a Canadian mining company focused on the exploration and
development of its 100% owned Lac Guéret graphite property, which is located
in northeastern Québec near the main service center of Baie-Comeau. The Lac
Guéret graphite property currently hosts a National Instrument 43-101
compliant Mineral Resource of about 300,000 tonnes at 24.4% Cgr in the
Measured category and 7.3 million tonnes at 20.2% Cgr in the Indicated
category. (See news release issued on July 16, 2012). Exploration potential
exists on the property with the current Mineral Resource based on exploration
of only 17% of one well defined zone. Mason Graphite is led by Benoit Gascon,
CA CMA, who has held 20 years of executive positions at Timcal, including over
6 years as CEO. Timcal, now owned by Imerys, is one of the largest graphite
producers in the world.
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For further information please visitwww.masongraphite.com or contact:
Investor Relations +1 (416) 861-1685 email@example.com
Simon Marcotte, Vice-President Corporate Development +1 (416) 309-2133
Benoît Gascon, CEO +1 (514) 281-9434
Montreal Office 2000 McGill College ave., Suite 2210 Montreal, PQ H3A 3H3
Toronto Office 65 Queen Street West, Suite 800 Toronto, Ontario M5H 2M5
SOURCE: Mason Graphite Inc.
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-0- Feb/26/2013 12:30 GMT
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