TSX.V: LLG OTCQX: MGPHF
Lac Guéret Graphite Project Developing a world-class flake graphite deposit in Quebec
December 2013
TSX.V: LLG OTCQX: MGPHF
TSX.V: LLG OTCQX: MGPHF
Forward Looking Information: This Presentation may contain “forward-looking information” which may include, but is not limited to, statements with respect to: anticipated
timing of the receipt of governmental approvals and/or acceptances; targets, estimates and assumptions in respect of production and prices; estimates regarding amount and
type of future capital expenditures and capital resources; mineral reserves and mineral resources; anticipated grades; expected recovery rates; future financial or operating
performance; costs and timing of the development of new deposits; costs, timing and location of future drilling; production decisions; costs and timing of construction;
estimates regarding operating expenditures; costs and timing of future exploration; and environmental and reclamation expenses. Generally, forward-looking statements can
be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or variations
(including negative variations) of such words and phrases, or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be
achieved. Forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of
the Company and/or its subsidiaries and/or its affiliated companies to be materially different from those anticipated in such statements. Although the Company has attempted
to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other
factors that cause actions, events or results to differ from those anticipated, estimated or intended. Forward-looking statements contained herein are made as of the date of
this presentation of which the information is derived from and the Company has disclaimed any obligation to update any forward-looking statements, whether as a result of
new information, future events or results or otherwise, except in accordance with applicable securities law. There can be no assurance that forward-looking statements will
prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue
reliance on forward-looking statements due to the inherent uncertainty therein.
Unless indicated otherwise, all dollar figures are in Canadian dollars.
Cautionary Notes related to the PEA: A preliminary economic assessment (PEA) is preliminary in nature and includes Inferred Mineral Resources, which are considered too
geologically speculative to have mining and economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that
the reserves development, production, and economic forecasts on which the PEA is based will be realized. Full technical details and notes for the PEA can be found in the
technical report entitled “NI 43-101 Technical Report on the Preliminary Economic Assessment, Lac Guéret Graphite Project, Quebec, Canada” dated June 6, 2013 and
effective April 22, 2013, which is available under Mason Graphite’s profile on SEDAR at www.sedar.com and on Mason Graphite’s website at www.masongraphite.com.
Cautionary Statement regarding Mason Graphite’s estimated timeline for production: Mason Graphite has not made a production decision. A decision to proceed with
production will be based the results of a feasibility study demonstrating economic and technical viability. The production timeline in this presentation assumes that Mason
Graphite will complete a feasibility study and that the results of such feasibility study will be positive. The timing and results of such study are not guaranteed and no inference
should be made in this regard. There is no certainty that the events outlined in the timeline will be realized.
Cautionary Statements Regarding Mineral Resource Estimate: Mineral resources, which are not mineral reserves, do not have demonstrated economic viability.
Environmental, permitting, legal, title, taxation, sociopolitical, marketing, or other relevant issues may materially affect the estimate of Mineral Resources. In addition, there
can be no assurance that Mineral Resources in a lower category may be converted to a higher category, or that Mineral Resources may be converted to Mineral Reserves.
Quality Control and Assurance: The scientific and technical content of this presentation was reviewed and approved by Mason Graphite’s Executive Vice President of
Process Development, Jean L’Heureux, P.Eng., who is a Qualified Person within the meaning of National Instrument 43-101. M
Legal Disclaimers
2
TSX.V: LLG OTCQX: MGPHF
Long mine life at high grade: 22 yrs of production at 27.4% Cgr
Annual production of 50,000 tonnes
Low capital intensity project; excellent economics Direct capital cost requirement of $89.9 million
Production costs of $390/tonne
Internal Rate of Return of 33.7%
Excellent recovery of high quality graphite Only flake graphite (29% large flake graphite: +50, +80 mesh)
Graphite recovery in excess of 96%
Purity of 99.9% Cg achieved in preliminary purification trials
Located in excellent mining jurisdiction of Quebec, Canada
3
Solid Fundamentals for Success
The Product
The Project
The Team
Graphite is an essential and highly desirable
product with increasing consumption and demand
Highly experienced management team with over 5
decades in graphite production, sales and R&D
* Please refer to the press release dated February 22, 2013 for details on metallurgical test results.
** Please refer to the PEA technical report entitled “NI 43-101 Technical Report on the Preliminary Economic Assessment, Lac Guéret Graphite Project,
Quebec, Canada” dated June 6, 2013 and effective April 22, 2013 for more details. Also see cautionary statements related to the PEA on slide 2.
TSX.V: LLG OTCQX: MGPHF 4
The Value of High Grade Graphite
Company Market Cap (Dec 11, 2013)
Grade (Cg) Cut-off Grade Recovery
Northern Graphite Corp. (TSX: NGC) $33M 1.81% 0.98% 97%
Focus Graphite Inc. (TSX: FMS) $34M 15.76% 5% 92.5%
Energizer Resources (TSX: EGZ) $25M 6.36% 2% 96.2%
Syrah Resources (ASX:SYR) $399M 19.9% 13% 87%
Zenyatta (TSX: ZEN) $139M n/a n/a n/a
Flinders Resources Ltd. (TSX: FDR) $15M 10.50% 7% 96%
Mason Graphite (TSX: LLG.V) $32M 15.6% 5% +96%
If you can meet the customer's specifications via a good
metallurgy (particle size, recovery and carbon content), then its all about grade;
as a higher grade typically results in lower costs of production.
M&I Mineral Resources include: 6.7 Mt grading 32.4% Cg
PEA Results (April 2013) : First 22 yrs of production at 27.4% Cg
Strip Ratio of 0.76:1
*See press release dated December 5, 2013 for details relating to the latest mineral resource estimate.
** Please refer to the PEA technical report entitled “NI 43-101 Technical Report on the Preliminary Economic Assessment, Lac Guéret Graphite Project,
Quebec, Canada” dated June 6, 2013 and effective April 22, 2013 for more details. Also see cautionary statements related to the PEA on slide 2.
TSX.V: LLG OTCQX: MGPHF
Graphite, along with diamonds and Coal, are crystalline forms of Carbon
Graphite 101
Graphene - Individual layers
Graphite - Combined layers
Graphite is an essential but often unrecognized material for modern life
It has broad range of industrial applications due to its unique properties:
Properties of both metals and non-metals (ideal for industrial applications)
Highest natural strength and stiffness of any material
Lightest weight of all reinforcement materials
Very high melting (sublimation) point; low thermal expansion/shrinkage
High electrical and thermal conductivity
Low frictional resistance (excellent lubricant) and hydrophobic behaviour
Non-toxic, chemically inert and high resistance to corrosion
Properties vary
depending on the
purity and size of the
graphite crystals;
this directly affects
the price of the
resource
5
TSX.V: LLG OTCQX: MGPHF
Flake
Graphite:
Graphite – Over 180 End Products
Flake Amorphous Vein/Lump Synthetic
Metallurgy
Refractories ■ ■ ■ Crucibles ■ ■ ■ Carbon Raisers ■ ■ ■ Moulds & Castings ■ ■ Molten Metal Protection ■ ■ High Temperature Lubricants ■ ■ Powder Metallurgy & Alloys ■ ■
Electrical Applications
Alkaline & Lithium Batteries ■ ■ Li-ion Batteries ■ ■ Fuel Cells ■ ■ Carbon Brushes ■ ■ ■
Technical Applications
Expanded Graphite & Foils ■
Thermal Management ■
Flame Retardants ■ Brake Linings & Clutch Facings ■ ■ ■ ■ Insulation ■ ■ Nuclear Reactors ■ Plastics, Resins & Rubbers ■ ■ Catalysts ■ ■ Cloth & Fibers ■ ■
Others
Pencils ■ ■ ■ ■ Lubricants ■ ■ ■ ■ Oil Drilling Additives ■ ■ Paints ■
6
Widest range of end uses
Increasing demand for
high purity flake graphite
No substitute: Synthetic graphite has high
purity but is 4x the cost
Synthetic graphite (USD $7,000-20,000/t)
Natural flake (USD $2,000-3,000/t)
Flake graphite used in
batteries - not amorphous
TSX.V: LLG OTCQX: MGPHF
3 Forms of Graphite
Flake Highest Price, Lowest Supply
High Purity: 85%-99%+ carbon
Amorphous Least graphitic of the three
Lower Purity: 60%-90% carbon
Vein/Lump Uncommon & highly localized;
<1% of world production;
Marginal applications
45% 55%
Global
Production
Graphite is not a homogenous commodity; it occurs naturally in 3 forms:
Flake size and purity directly affects the price
Natural medium/large flake graphite forecasted
between USD$1,750 and USD$2,500/t
August 2013 ($USD):
7
Amorphous: $525 /t
Small Flake:$1,050 /t
Medium Flake: $1,200 /t
Large Flake: $1,350 /t
Amorphous
Large Flake
Medium Flake
Small Flake
TSX.V: LLG OTCQX: MGPHF
China represents +70% of world production
China has experienced a significant increase in domestic demand
Export tariffs and new safety and environmental regulations have resulted
in a reduction of export supply and an increase in prices.
China is experiencing a reduction of large and medium flake production
Graphite – Investment Opportunity
Global consumption of natural graphite has doubled from 2000 to 2010
Urbanization of China and India is driving the demand of graphite
For graphite used in the battery application alone,
demand is expected to increase from 125,000 tons in 2010
to 320,000-640,000 tons in 2020; a growth rate of 10-18%*
European Union declared graphite as one of 14 critical raw materials
8 *Cormark Report on Electric Graphite, July 2011
0
200,000
400,000
600,000
800,000
1,000,000
1,200,000
1,400,000
2000 2010
Graphite Global Consumption
To
nnes
Restricted and Unstable Supply in China = Opportunity
Flake graphite production outside of China:
Brazil Canada India Madagascar Norway Zimbabwe Germany
TSX.V: LLG OTCQX: MGPHF 9
How is graphite sold?
Graphite is not an openly traded mineral
Prices are negotiated between end-users and
producers for annual or multi-year contracts
Prices for graphite vary based on parameters
such as purity, size, impurities and shape
Continuous contact with customers is fundamental
There is a market for 100% of mined
graphite material (from large to fine flakes)
Market Study is underway to identify
all end-users in all market segments
Graphite Mine Inventory of different sizes for different uses and end users
End-Users Typical one-year supply contracts establishing
prices, specifications, volume, timing and delivery
The finished graphite product of a mine must be adapted to the buyers
Requires the right finished product
Requires strong relationships with clients Management with over 5 decades of experience
Years of client relations; large number of potential clients
TSX.V: LLG OTCQX: MGPHF
Management: Proven Track Record
Benoît Gascon, CPA, CA
10
Luc Veilleux, CPA, CA
Jean L’Heureux, Eng.
20 years of executive
positions at Timcal
20 years in mining and
graphite, Timcal and Imerys
8 years in graphite at
Timcal
Roles:
Senior Vice-president, Business
Development and Strategy, Sales and
Deputy General Manager (11 yrs)
President of Stratmin Graphite Inc.
from 1993 to 1999; renamed Timcal
Canada in 1999 (7 yrs)
Vice-president and CFO (4 yrs)
Roles:
Senior Vice-president, Finance
COO North America
Vice-president, Finance North America
Financial Controller
Roles:
Product Manager (Marketing)
Graphite Sourcing Manager
Production Manager
Plant Metallurgist & Lab Supervisor
Major Accomplishments:
Creation of the whole customer base of
Stratmin in the 90’s
Acquisition and integration of a private
company in China
Supervision of nine sites in seven countries
Operational merger of Stratmin and Timcal
Major Accomplishments:
Implementation of a new production
organizational structure
Operational merger of Stratmin and
Timcal
Reorganization and improvement of
North American customer support
Major Accomplishments:
Optimization of the graphite flow sheet
Sales growth through technical support
to production & customers
Development of customers’
specifications management system
Development of production planning
system
TSX.V: LLG OTCQX: MGPHF
Management Team
Benoît Gascon, President & CEO Over 20 yrs of experience in the Graphite & Carbon industries. He was the CEO of Stratmin Graphite which operates the Lac-des-Iles deposit;
one of North America's only producing graphite mines. He was responsible for negotiating the complete take-over of Stratmin Graphite by Imerys
SA, a world leader in Industrial Minerals, to form Timcal Graphite & Carbon. Mr. Gascon, CPA, CA, holds a bachelor’s degree in Business
Administration from Haute Etudes Commerciales (HEC, Montreal).
Luc Veilleux, Executive Vice-President & CFO Luc Veilleux, CPA, CA, holds a Bachelor’s degree in Business Administration from Hautes Études Commerciales (HEC, Montreal) and has over
20 years of experience in the mining and manufacturing industries including eight years at Timcal in the roles of Chief Financial Officer (based in
Switzerland), COO and Vice-President of Finance (North America), and Controller for the Lac-des-Iles graphite mine.
Jean L’Heureux, Executive Vice-President, Process Development Mr. L’Heureux is a professional metallurgical engineer who has been involved in the mining and processing of graphite for over 20 years with the
Imerys SA in Quebec and in Europe. Since 2000, he has been the Product Manager, Refractory and Metallurgy for Timcal. Mr. L’Heureux
obtained his Bachelor of Engineering degree at Laval University in Quebec City and is currently enrolled in a Master’s Degree in Engineering
Management at Sherbrooke University. Mr. L’Heureux is a member of the Ordre des Ingénieurs du Québec.
Simon Marcotte, Vice-President Corporate Development Over 14 years of capital market experience. He was a partner of Cormark Securities for 4 years (institutional equity sales) and was also a member
of their Board. Previously, Mr. Marcotte was a Director for CIBC World Markets in Montreal for 8 years and also acted as an officer for Alderon
Iron Ore. He is currently an officer of Belo Sun Mining and a board member of Copper One and Antofagasta Gold. Mr. Marcotte holds a
B.A.A. from Sherbrooke University and is a Chartered Financial Analyst (CFA).
Yves Caron, P. Geo., M.Sc., Director of Geology and Exploration Mr. Caron brings over 20 years of geological experience and an extensive knowledge in mining exploration and the minerals industry. Most
recently, Mr. Caron was Exploration Vice-President for Nemaska Lithium Inc. where he participated to their Whabouchi project development. He
also had previously worked as senior project manager at North American Palladium Ltd. Member of the association of professional geologists of
Quebec (OGQ), Mr. Caron holds a Master’s in Earth Sciences from INRS and a bachelor’s degree in economic geology from UQAM.
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TSX.V: LLG OTCQX: MGPHF
Lac Guéret - Location & Access
13
288 km from Baie-Comeau
service centre, + 660 km to Montreal
All-weather access from
Hwy 389 and main logging
roads throughout property
Good accessibility to labour
Excellent mining jurisdiction
Extensive logging road system throughout the
Lac Quéret property and to Baie Comeau
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Only zone
drilled to date
Mason Graphite Claims Map
14
Mason Graphite’s
properties consist of
215 claims covering
11,630 ha (116 km2)
in northeastern
Québec
TSX.V: LLG OTCQX: MGPHF
Two main graphite zones have
been identified to date
Two Major Graphite Zones
km 17
GC Graphite Zone
1.2 km strike, up to 240 m wide
New mineral resource issued in
December 2013 shows +600%
increase in M&I resources
Excellent resource growth potential
GR Graphite Zone
1 km strike, up to 110 m wide
2,321 m of drilling completed in 2012
Further drilling planned and expected
to contribute to mineral resource
GC Zone
GR Zone
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GC Zone Mineral Resource (Dec 2013)
Categories Unit Tonnes Grade ( Cgr)
Measured (M) U1/U2 (5 to 25 % Cg) U3 (> 25 % Cg)
4,052,000 465,000
13.4% 33.8%
All units 4,517,000 15.5%
Indicated (I) U1/U2 (5 to 25 % Cg) U3 (> 25 % Cg)
39,300,000 6,207,000
13.0% 32.3%
All units 45,507,000 15.6%
M & I
U1/U2 (5 to 25 % Cg) U3 (> 25 % Cg)
43,352,000 6,672,000
13.0% 32.4%
All units 50,024,000 15.6%
Inferred
U1/U2 (5 to 25 % Cg) U3 (> 25 % Cg)
9,224,000 2,637,000
13.3% 30.5%
All units 11,861,000 17.1%
See cautionary statements related to mineral resource estimate on slide 2.
See press release dated Dec. 5, 2013 for details related to the mineral resource estimate. 18
Mineral Resource
July 2012
7,595,900 tonnes
Mineral Resource
Dec 2013
50,024,000 tonnes
Based on about 26,500 metres
of drilling
GC Zone Resource
Significant increase in a short period of time
TSX.V: LLG OTCQX: MGPHF
Metal Equivalence
19
Source: TD Securities research department (Craig Miller) 2012
Graphite (@ $1,750)
20.40% =
Gold (@ $1,250)
9.1 g/t
Silver (@ $14)
800 g/t
Copper (@ $2.75)
6% = =
Dec 2013 mineral resource:
M&I = 50Mt grading 15.6% Cg, including 6.7Mt grading 32.4% Cg
*PEA indicates 22 years of production at 27.4% Cgr
* Please refer to the cautionary notes related to the preliminary economic assessment (PEA) on slide 2 of this presentation
(July 2012 Mineral Resource)
TSX.V: LLG OTCQX: MGPHF
Mineral Resource Comparison
20
Million Tonnes (Measured & Indicated Mineral Resources
Gra
de %
Cg
**The projected quantity and grade is conceptual in nature. There has been insufficient exploration to define the mineral
resource growth target and it is uncertain if further exploration will result in the target being delineated as a mineral resource.
NI 43-101 Mineral Resource Comparison
Mineral growth
expected based on
future prospective
exploration targets
TSX.V: LLG OTCQX: MGPHF
Rapid Resource Growth
Only 170 holes(about 26,500 metres)
Have been drilled on the
Lac Guéret property to date.
The new mineral resource estimate is based
on drill data from the GC Zone (at left), which
represents only one of two mineralized zones
identified on the Lac Guéret property to date.
21
TSX.V: LLG OTCQX: MGPHF
Excellent Metallurgy
Graphite recoveries in excess of 96%
Concentrate purity of 96.3% for the +150 mesh cumulative
29% of +80 mesh cumulative, including 16% of +50 mesh
22
Flake Size Distribution
(%)
Carbon Content
(% Cg)
+50 mesh (Large Flake) 16% 96.3%
+80 mesh (Large Flake) 13% 96.4%
+150 mesh 14% 96.2%
-150 mesh 57% 91.7%
Total / Average 100% 93.7%
Preliminary Metallurgical Testing Completed in February 2013
* Please refer to the press release dated February 22, 2013 for complete result details.
TSX.V: LLG OTCQX: MGPHF
22 years of production at 27.4 % Cg
Direct capital costs of $89.9M
Production costs of $390/tonne
$364M pre-tax NPV @ 8 % ($283M @ 10 %)
33.7 % pre-tax Internal Rate of Return
Payback period of 2.5 years
Only flake graphite (29% large flake)
Conservative average sales price of $1,525/t
Low capital intensity and low operating costs
PEA Financial Results April 2013
23
Cautionary Notes related to the PEA: A preliminary economic assessment (PEA) is preliminary in nature and includes Inferred Mineral Resources, which are considered too geologically speculative to have mining
and economic considerations applied to them that would enable them to be categorized as mineral reserves. There is no certainty that the reserves development, production, and economic forecasts on which the PEA
is based will be realized. Full technical details and notes for the PEA can be found in the technical report entitled “NI 43-101 Technical Report on the Preliminary Economic Assessment, Lac Guéret Graphite Project,
Quebec, Canada” dated June 6, 2013 and effective April 22, 2013, which is available under Mason Graphite’s profile on SEDAR at www.sedar.com and on Mason Graphite’s website at www.masongraphite.com.
Updated Mineral
Resource Estimate
announced
December 5, 2013
is expected to
positively effect the
project economics
TSX.V: LLG OTCQX: MGPHF
50 000 tonnes per year of production
27.4 % Cg in mineralization over LOM
Graphite Recovery above 96 %
Up to 96.4 % Cg of finished product purity
Stripping ratio of 0.76:1
Process resulting in +96% recoveries
PEA Operational Results April 2013
24 * Please refer to the cautionary notes related to the preliminary economic assessment (PEA) on slide 2.
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Preliminary Purification Test Results September 2013
25
Flake Size Graphite (Cg)
+48 mesh 99.6%
+80 mesh 99.7%
+150 mesh 99.9%
Purity of 99.9% Cg achieved in
preliminary purification trials
* Please refer to the press release dated September 24, 2013 for complete result details.
TSX.V: LLG OTCQX: MGPHF
Flow Sheet PEA Technical Report - April 2013
1. Mining
2. Crushing
3. Milling & Flotation
4. Dewatering
5. Drying
6. Sieving
Simple process
Known and proven technologies
26
TSX.V: LLG OTCQX: MGPHF
2012 2013 2014 2015 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
TSX Venture Listing
Completion of 26,500 m Drilling Program
Completed Metallurgical Test Work
Completed PEA
Completion of a $5 million financing
Purification Testing
26,000 m Drilling Program
NI 43-101 Mineral Resource Update
Further Metallurgical Testing
Initiation of Feasibility Study
Environmental Baseline Studies Complete
Expected Construction
Expected Production
Recent & Expected Upcoming Milestones
27 Mason Graphite has not made a production decision. A decision to proceed with production will be based on the results of a feasibility study demonstrating economic and technical
viability. All reference herein with respect to production and anticipated timelines for production assume that Mason Graphite will complete a feasibility study and that the results of such
feasibility study will be positive. The timing and results of such study are not guaranteed and no inference should be made in this regard.
TSX.V: LLG OTCQX: MGPHF
Corporate Structure
Corporate Structure
Shares Outstanding
Options
Warrants
Fully Diluted
66,938,283
6,650,000
21,657,323
95,245,606
28
LLG shares begin trading on the TSX.V on October 30, 2012
Analyst Coverage
Daniel Greenspan
Cash Position
Last reported quarter (ending Mar 31)
$6M
MGPHF shares begin trading on the OTCQX on November 12, 2013
TSX.V: LLG OTCQX: MGPHF
Board of Directors
30
Tayfun Eldem, Chairman 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. 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.
Tyrone Docherty, Vice-Chairman Mr. Docherty has over 25 years of experience in the resource industry. He was previously CEO of Quinto Mining Corporation and
President, CEO and Director of Deer Horn Metals. Mr. Docherty is an active board member of a number of other public and private mining
companies.
Scott Moore, Director Mr. Moore is a finance executive with over 20 years of experience in the resource sector. He presently serves as COO of Forbes &
Manhattan, Inc. and previously acted as President for Dacha Strategic Metals Inc. and VP of Corporate Development for Sulliden Gold
Corp. Ltd. He holds a Bachelor of Arts degree from the University of Toronto and an MBA from the Kellogg School of Management.
François Laurin, Director Former CFO of Consolidated Thompson Iron Mines Ltd. (CLM). He is currently the CFO of Alderon Iron Ore Corp.; and formerly acted
as President and CEO of Cap-Ex Ventures Inc. and CFO of Copper One Inc., two exploration mining companies listed on the TSXV.
Alastair Neill, Director Mr. Neill is currently an executive VP of Dacha Strategic Minerals Inc. who holds a Master of Business Administration from York University
and a Bachelor of Engineering in Material Science from the University of Western Ontario. He is the former VP sales, Rare Earth Division and
VP Business Development for AMR.
Benoit Gascon, CEO & Director
TSX.V: LLG OTCQX: MGPHF
Backed by the Forbes&Manhattan Group
*Excellent track record of success in the Labrador Trough*
Stan Bharti
Founder & Executive Chairman
Over 50 engineers
Over 50 geologists
Expertise in all mining,
energy and agriculture
products
8 full-time
securities lawyers
and support staff
Over 30 people
with expertise in M&A
Investment banking
Corporate Finance
Corporate Development
Investor Relations
Over 20 accounting
and administration
staff
Advisory Board
Technical Team
Legal Team
Financial Team
Admin / Accounting
Team built on technical/operational expertise
Accomplished financial markets professionals
31
TSX.V: LLG OTCQX: MGPHF
Lac Guéret – Project History
1950’s
Exploration for iron by
Quebec Quartier Mines 2002-2006
Quinto Mining Corp.
exploration activities
2012
Mason Graphite acquires
Lac Guéret from Cliffs
Natural Resources
2008
Consolidated Thompson
acquires Quinto Mining
Acquisition Terms with Cliffs Resources ($USD)
$15,000,000 total acquisition cost for 100% of the project $7,500,000 payment completed on April 5, 2012
$2,500,000 payable upon completion of a Feasibility Study*
$5,000,000 payable upon commencement of commercial production*
2,041,571 warrants @ $0.75 (expires in April 5, 2014) issued
to Quinto Mining (sub. of Cliffs Resources)
No remaining legacy interest exists, no royalties
32
* If the feasibility study is not completed by April 5, 2015, Mason Graphite is required to pay (a) $1,250,000 on April 5, 2015, and (b) $1,250,000 on the
earlier of (i) the fifth business day following the day on which a feasibility study is completed; and (ii) October 5, 2015. If commercial production is not
achieved by October 5, 2016, Mason Graphite is required to pay (a) $2,500,000 on October 5, 2016; and (b) $2,500,000 on the earlier of (i) the fifth
business day following the day on which commercial production is achieved; and (ii) April 5, 2017
2011
Cliffs acquires CLM
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2012 2013 2014 2015
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4
Fauna & Flora Inventory
IBA
ESIA & BAPE
Certificate of Authorization
Completed and Expected Upcoming Milestones:
1) Q1 2013 – Fauna and Flora Inventory Preliminary Report by Roche
2) Q4 2013 – Fauna and Flora Inventory Final Report by Roche
3) Q4 2013 – Completion of Impact and Benefits Agreement (IBA)
4) Q2 2014 – Completion of Environmental Social Impact Assessment (ESIA) and Public Hearings on the Environment (BAPE) by Roche
5) Q1 2015 – Completion of Certificate of Authorization
5
3
4
33
Environmental Permitting Expected Timeline
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First Nations
No one residing near the planned operations
or in the vicinity of the Lac Guéret project
Successful dialogue since early 2012
Consent for drilling obtained in April 2012
Ongoing discussions and negotiations for
completion of the Impact Benefit Agreement
(IBA) – Expected in 2013
35
Pessamit is the Innu First Nation
community 60 km west of Baie Comeau
Pessamit
Lac Guéret Deposit
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Greater Montreal Office
3030 Boul. Le Carrefour, bureau 600
Laval, QC, H7T 2P5
T +1 (514) 289-1180 F +1 (514) 289-0958
Toronto Office
65 Queen Street West, Suite 800
Toronto, Ontario M5H 2M5
T +1 (416) 861-1685 F +1 (416) 861-8165
TSX.V: LLG
OTCQX: MGPHF www.masongraphite.com