Last C$0.61 CAD
Change Today +0.01 / 1.67%
Volume 38.5K
LLG On Other Exchanges
As of 3:58 PM 01/27/15 All times are local (Market data is delayed by at least 15 minutes).

mason graphite inc (LLG) Snapshot

Previous Close
Day High
Day Low
52 Week High
03/6/14 - C$0.93
52 Week Low
11/13/14 - C$0.46
Market Cap
Average Volume 10 Days
Shares Outstanding
Dividend Yield
Current Stock Chart for MASON GRAPHITE INC (LLG)

Related News

No related news articles were found.

mason graphite inc (LLG) Related Businessweek News

No Related Businessweek News Found

mason graphite inc (LLG) Details

Mason Graphite Inc., a mining company, explores for and evaluates mineral properties in Canada. It owns 100% interest in the Lac Guéret graphite property covering 11,630.34 hectares located in the Côte-Nord region in northeastern Québec. The company is headquartered in Laval, Canada.

mason graphite inc (LLG) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$300.0K
Chief Financial Officer, Executive Vice Presi...
Total Annual Compensation: C$216.0K
Executive Vice President of Process Developme...
Total Annual Compensation: C$180.0K
Vice President of Corporate Development
Total Annual Compensation: C$120.0K
Compensation as of Fiscal Year 2014.

mason graphite inc (LLG) Key Developments

Mason Graphite Inc. Announces Completion of Updated Mineral Resource Estimate for Lac Guéret Graphite Project in Northeastern Quebec

Mason Graphite Inc. announced the completion of an updated mineral resource estimate for its 100%-owned Lac Guéret graphite project in northeastern Quebec. Measured and Indicated mineral resources increased 31% from 50 million tonnes ("Mt") to 65.7 Mt; grade also increased from 15.6% Cg to 17.2% Cg at 5% COG; Mineral resources in the Measured category increased 323% from 4.5 Mt to 19.1 Mt; with grade also increasing from 15.5% Cg to 17.9% Cg at 5% COG; and The high grade mineral resources in the M&I category ncreased 45% from 6.7 Mt to 9.7 Mt, with an average grade of 31.2% Cg using a COG of 25%. The updated mineral resource estimate was carried out by Goldminds Geoservices and Roche Ltd. using 25,956 carbon graphite (Cg) assays obtained from 283 diamond drill holes (43,324 metres) and 4 trenches (987 metres). Mineral Resource Estimation Methodology: The updated mineral resource estimate is based on geological observations and geochemical data modeling: Unit 1 is defined by a content of 5-10% Cg; Unit 2 by 10-25% Cg; and Unit 3 by 25% Cg or more. Waste has less than 5% Cg. Drill holes, cross sections, and plan views were interpreted to construct three-dimensional wireframe models using the geochemical analyses and geological descriptive logs with a nominal cut-off of 5% Cg under Genesis software. No capping value was applied to the assays. Assay intervals were composited to 3 meter lengths from the raw Cg assay values and grades were estimated using the inverse distance method. For the grade estimation, variable direction search ellipsoids following the structural folding trends were used. Anisotropy was interpreted in semi variogram and set to 60 meters along the x axis, 40 meters along the y and 15 meters along the z axis. The block model was defined by un-rotated blocks of 3 meters long by 3 meters wide by 3 meters thick sited in 401 columns, 468 rows and 134 levels and covers a strike length of roughly 1,800 meters to a maximal depth of 356 meters below the high surface point. A fixed density of 2.9 g/cm3 was applied to calculation. Mineral resources were classified as Measured, Indicated or Inferred based on information spacing and the confidence of the geological continuity of the mineralization in accordance with the CIM guidelines and established with the use of a maximum of ten composites per block and a maximum of two composites per drill hole. The Measured resources required a minimum of eight composites per block within an ellipsoid of 40 m x 40 m x 15 m. The Indicated resources required a minimum of four composites per block within an ellipsoid of 60 m x 60 m x 15 m. The Inferred resources required a minimum of two composites per block within a sphere of 120 m radius.

Mason Graphite Inc. Announces Preliminary Results from a Location Trade-Off Study for its Lac Guéret Project

Mason Graphite Inc. announced the preliminary results from a location trade-off study for its Lac Guéret project in Quebec that are expected to optimize the upcoming Feasibility Study with a new proposed concentrator site in the area of Baie-Comeau. The alternate location provides opportunities for the Company to reduce capital and operating costs and improve operational efficiencies. The study was conducted in the third quarter of 2014 by the engineering firm Hatch Ltd. Additional trade-off studies have also been initiated with the aim of further optimizing the project. Results of the preliminary analysis indicate that relocating the concentrator facility in the vicinity of Baie-Comeau city should represent economic and operational advantages, including: low-cost hydroelectric power, improved access to labour and other managerial and operational efficiencies which, together, should contribute to a reduction in both the project's estimated capital expenditures (CAPEX) and operating costs (OPEX). It is expected that the additional costs incurred to truck the ore from the deposit to the new plant location in Baie-Comeau would be more than offset by the resultant savings. The new plant location is also expected to lead to a reduction in greenhouse gas emissions. The alternative concentrator location near Baie-Comeau would present the Company with the following opportunities to reduce the CAPEX and OPEX of the Lac Guéret Project: The size of the Lac Guéret campsite would be reduced, as it would only need to accommodate the mine workers. Costs reductions are expected from the associated infrastructure and campsite maintenance (accommodation, transportation, catering, insurance, leisure, etc.); No campsite would be needed at the new concentrator site due to its proximity to an urban center; The new plant location would access Baie-Comeau's existing hydroelectric power infrastructure that is low-cost, and energy efficient; thus alleviating the need for diesel power generation and reducing the overall power costs and greenhouse emissions; The Company's Management estimates that these adjustments could result in CAPEX reductions of up to 8%, and OPEX reductions of up to 20% in comparison to the results reported in the PEA.

Mason Graphite Inc., Annual General Meeting, Dec 16, 2014

Mason Graphite Inc., Annual General Meeting, Dec 16, 2014., at 10:00 US Eastern Standard Time. Location: Sheraton Laval, 2440 Autoroute des Laurentides. Agenda: To receive and consider the audited financial statements as at and for the fiscal year ended June 30, 2014, together with the report of the auditor thereon; to appoint PricewaterhouseCoppers LLP as auditors of the corporation; to consider and approve an updated rolling stock option plan; to consider and elect the directors for the ensuing year; and to consider other business as may properly come before the meeting or any postponement(s) or adjournment(s) thereof.


Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
LLG:CN C$0.61 CAD +0.01

LLG Competitors

Market data is delayed at least 15 minutes.

Company Last Change
No competitor information is available for LLG.
View Industry Companies

Industry Analysis


Industry Average

Valuation LLG Industry Range
Price/Earnings NM Not Meaningful
Price/Sales -- Not Meaningful
Price/Book 1.8x
Price/Cash Flow NM Not Meaningful
TEV/Sales -- Not Meaningful

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact MASON GRAPHITE INC, please visit www.masongraphite.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.