Graniz Mondal Inc. (TSX VENTURE:GRA.H) ("Graniz Graphite") is pleased to
announce that six of the last seven last holes returned impressive graphitic
intersections at the Brunet Graphite Deposit near Mont-Laurier. Dr Berthe
Lambert, Chairman, comments: "The results are beyond our expectations : Hole
#144 with over 282 feet at 8.6% graphite confirms the presence of major
graphitic horizons beyond the 100 metre depth. The next drilling program should
allow us to confirm that we are facing a world class graphitic marble deposit
similar to european multinational IMERYS TIMCAL's deposit 28 miles west of our
mine. The presence of a main thick zone at the surface is particularly important
as it indicates a competitive advantage for low cost open pit mining."
Mr Alain Tremblay, senior geologist, co-author of the Mousseau West Technical
Report NI 43 101, comments: "The last holes drilled on the Brunet Graphite
deposit were mainly located in the central part of the Main graphitic zone (+40
m thickness). All holes returned impressive graphitic intersections. The deposit
is growing fast and is still open to the northwest. Moreover, two other holes,
139 and 144 confirmed the presence of major graphitic horizons under the 100
metre depth where no exploration has been done historically. There is plenty of
room for significant resources increase and obviously additional drilling will
be needed before we can tell where the limits of this deposit are."
A bird's-eye view map will be posted on Graniz Graphite's website
http://www.granizmondal.com/ . While not a geological map as such, it shows the
extent of this main graphite concentration. (see map: Mousseau West - Drilling
results April 26 /2013).
To view "Mousseau West Map (Brunet Graphite Deposit)" visit the following link:
http://media3.marketwire.com/docs/MousseauWest.pdf
The following is a recapitulation of 2013 drilling results:
LENGTH
Hole # from to (METRES) GRADE % Gp
120 38,3 88 49,7 6,37
102,4 130,9 28,5 4,54
121 26,9 28,9 2 3,7
43,6 45 1,4 9,84
91,9 96,1 4,2 12,13
122 45,9 48,4 2,5 6,36
65,1 70,1 5 11,74
92,5 111,1 18,6 8,3
123 6,6 8,6 2 10,75
11,7 13,3 1,6 13,15
38 45 7 2,68
51,1 115 63,9 5,08
124 3 14,8 11,8 2,35
26,8 29,6 2,8 5,98
76,8 87,2 10,4 2,04
125 6,7 11,6 4,9 10,74
21,8 23,7 1,9 7,83
45,7 52,2 6,5 2,78
109 122,8 13,8 2,66
126 32,6 78,7 46,1 4,42
78,7 118 39,3 1,17
127 46,90 49,50 2,60 10,31
65,30 88,40 23,10 4,68
128 1,20 12,30 11,10 4,24
21,70 41,20 19,50 8,08
52,60 81,00 28,40 7,74
129 19,50 23,30 3,80 3,05
28,60 40,00 11,40 5,06
77,60 82,50 4,90 5,83
130 1,40 18,60 17,20 1,33
22,00 30,80 8,80 1,91
57,40 67,30 9,90 1,71
75,00 80,90 5,90 3,8
131 13,60 19,70 6,10 9,05
27,1 35,4 8,30 5,95
49,8 63,2 13,40 2,51
132 24 31 7,00 4,22
133 6 34,5 28,50 7,41
134 12,1 12,9 0,80 5,92
23,6 26,4 2,80 3,09
33,4 60 26,60 1,00
91,1 91,9 0,80 2,88
98,5 99,5 1,00 3,23
135 50,8 52,6 1,80 14,50
79,7 85,7 6,00 12,82
103,8 122,2 18,40 5,94
136 17,9 21,8 3,90 11,90
34,6 38,6 4,00 14,30
54,8 96,1 41,30 6,17
137 27 92,6 65,60 7,85
138 35,4 38,5 3,10 7,19
49,5 51,1 1,60 14,20
126,2 154,9 28,70 7,40
172,8 183 10,20 2,23
139 26,9 28,5 1,60 7,71
60,6 122,1 61,50 6,26
140 2,7 7,9 5,20 6,68
14,8 82,8 68,00 5,55
141 28,5 70,9 42,40 5,08
142 16,5 59,3 42,80 9,05
143 53,8 71 17,20 4
144 35,7 37,8 2,10 13,25
53,1 139 85,90 8,6
145 1,6 4 2,40 4,97
36,6 40,7 4,10 11,87
146 1,2 13,6 12,40 7,63
66,3 97,1 30,80 6,27
Sampling including the additional standardized reference material and blanks was
carried out at Ste-Veronique's coreshack and samples were shipped to ALS
Minerals lab in Val d'Or for graphitic carbon assaying. Drilling, logging and
sampling were carried out under the supervision of Mr. Yvan Bussieres P.
Geo.Eng. and Mr Alain Tremblay P. Geo. Eng., NI 43-101 Qualified Persons. Mr
Bussieres is also responsible for the sampling protocol. The Company anticipates
receipt of a new NI 43 101 in June 2013.
The foregoing information may contain forward-looking statements relating to the
future performance of Graniz Mondal Inc. Forward-looking statements,
specifically those concerning future performance, are subject to certain risks
and uncertainties, and actual results may differ materially from the plans and
expectations of Graniz. These plans, expectations, risks and uncertainties are
detailed herein and from time to time in the filings made by Graniz with the TSX
Venture Exchange/NEX and securities regulators. Graniz does not assume any
obligation to update or revise its forward-looking statements, whether as a
result of new information, future events or otherwise, except as required by
law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as
that term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release. No stock exchange,
securities commission or other regulatory authority has approved or disapproved
the information contained herein.
FOR FURTHER INFORMATION PLEASE CONTACT:
Berthe Lambert
Chairman & CEO
418-564-8834
http://granizmondal.com/
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