NOU Nouveau Monde Graphite Inc

Nouveau Monde Mining Enterprises Inc. (TSX VENTURE:NOU)(US:NMGRF) ("Nouveau
Monde") is pleased to announce the acquisition of the Waasikusuu diamond
exploration project located in the southeastern James Bay area of Quebec,
between the villages of Waskaganish and Matagami. 


The Waasikusuu property is underlain by the Archean Superior craton which hosts
the economic Attawapiskat and Renard kimberlites. The exploration target is a
cluster of well defined, isolated and circular magnetic anomalies selected from
250 m line-spacing airborne survey flown by the Quebec Government in 2011-2012.
Nouveau Monde considers that a number of elements indicate the project area is
most favourable for kimberlites. First, it rests up-ice of where abundant
kimberlitic indicator minerals (KIMs) were recovered from basal till samples
collected by Majescor Resources in the mid-2000s. Elevated KIM counts and the
presence of fragile surface textures on many of the grains strongly suggested
proximity to source while the mineralogy of the KIMs which included G10, G9 and
G1 garnet, picroilmenite, forsteritic olivine and chrome diopside implied a
unified source. 


Additionally, the property remains underexplored, although it lies on a
favourable structural corridor identified by Quebec Government geologists in the
late 1990s. The presence of an outlier of Devonian sediments mapped on part of
the project area suggests that little erosion has occurred compared to
surrounding regions, arguing for a potential for large pipes as at Attawapiskat.
Finally, the sector does not lend itself readily to glacial sediment or alluvium
sampling as the glacial geology is complex and characterized by an overburden
cover which includes late glacial lacustrine marine clay. For this reason, as a
first phase, the highest-priority magnetic anomalies from the property will be
followed up by high-definition helicopter-borne geophysical surveying, and
possibly subjected to appropriate ground geophysical methodologies prior to
drilling. 


Nouveau Monde has an option to earn a 75% interest in the project in
consideration of i) 125,000 shares of Nouveau Monde at the Exchange approval of
the agreement, ii) 20,000$ worth of exploration work contracts in favor of the
optionor, iii) financing the drill-testing of four kimberlite targets in the
next 18 months and iv) 100,000$ payable in cash or shares in the next 18 months.
Following the exercise of the first option, Nouveau Monde has an exclusive
second option to acquire the remaining 25% interest by making staged annual
payments totalling 2.5M$ over 10 years. The optionor is to retain a 2.5% Gross
Overriding Royalty on diamonds and a 2.5% Net Smelter Royalty on other
commodities, of which 1.25% could be purchased back by Nouveau Monde for 1.25M$.



Eric Desaulniers, President & CEO of Nouveau Monde states: 'Following a review
of the Waasikusuu project by our directors and consultants, whom together, total
more than 35 years of diamond exploration experience, we believe that for a
minor amount of money wisely invested in geophysics and exploration drilling on
the project, Nouveau Monde has a great opportunity of making a new world-class
kimberlite field discovery in keeping with our project-generator business
model.' 


The technical information in this news release was prepared by Antoine Cloutier,
geo, chief geologist for Nouveau Monde who acts as a qualified person under
National Instrument 43-101. 


About Nouveau Monde 

Nouveau Monde is a mining exploration company holding a large portfolio of
properties for base and precious metals, and industrial minerals in the province
of Quebec. Our business model is based on the generation of projects in new,
underexplored territories using the most advanced remote sensing and geophysical
tools available in the industry. Our expertise with these modern tools allows us
to perform cost effective exploration work while maximizing the chance for major
discoveries. Our company is looking to develop its prospects in partnership with
the objectives to expose our shareholders to a multitude of potential
world-class discoveries. 


Neither TSX Venture Exchange nor its Regulation Services Provider (as that term
is defined in policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release. 


The statements herein that are not historical facts are forward-looking
statements. These statements address future events and conditions and so involve
inherent risks and uncertainties. Actual results could differ from those
currently projected. The Corporation does not assume the obligation to update
any forward-looking statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Nouveau Monde Mining Enterprises Inc.
Eric Desaulniers, MSc, Geo
President and Chief Executive Officer of Nouveau Monde
(819) 923-0333

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