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 Board.
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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SOURCE Mason Graphite Inc.