Clot Lump

Clot Lump Graphite Project

Located in Southern Québec

All information pertaining to mineral resources herewith presented are historical in nature and while relevant, the information was obtained before the implementation of National Instrument 43-101 reporting standards. No historical estimate should be relied upon until it can be confirmed by the Company.

The Clot Graphite Project: The property is located, in Joly Township, about 150 km northwest of Montreal. At present it consists of five (5) claims which covers an area of about 297.35 hectares (ha) (735 acres); three (3) additional claims in demand which will be transferred to the Company as soon as the M.E.R.N.Q., has approved the attribution. The Clot graphite property has been the subject of a series of artisanal mining efforts since the early part of the 20th Century. Over the course of those efforts approximately 1,000 tonnes of lump graphite have been mined, processed and shipped to customers in Canada and the US. The geographic area within which Clot exists, has been the subject of a broad range of graphite developments. These include projects such as the Asbury Mine in Notre-Dame-du-Laus and the Lac-des-Iles Mine south of Mont-Laurier.

The claims are located in highly metamorphosed rocks which host a geological contact between a granitic intrusive and marbles and quartzites, two metasedimentary units of the Grenville geological Province. This represents a favorable geological context which is known to host graphite deposits. The Company therefore also believes the site will hold good potential for graphite mineralisation similar to historic mining operations that occurred in the area.



History on the Clot Property
The new Clot claims essentially surround an area that was known as the Clot Mine. Graphite production was known to have occurred at the Clot Mine between 1907 and 1919. Exploration, production and concentrate assays were undertaken in 1951 (Bourret, 1951) with about 800 tons of material extracted from the mine. Of that tonnage, 350 pounds were hand cleaned and concentrated to obtain a grade of 99.72% carbon. Also 14 tons of lumps contained 94.7% carbon. In addition more than 100 tons of the material at the operating site was estimated to over 35% graphite (Sigeom file GM01868). The remainder of the extracted material was under 20% graphite or unclassified. The deposit is reported to be at least 56m (185 feet) long and more than 3m (10 feet) in width (Bourret, 1952) - A qualified person has not done sufficient work to classify the historical estimate as current mineral resources or mineral reserves; and Saint Jean Carbon is not treating the historical estimate as current mineral resources or mineral reserves.

Land access to the new claims is provided by one public secondary all weather road, from highway 117. Accordingly, planned work programs can be done through the full year. Local resources are also available at the nearby cities of Labelle, located 3km along good road from the Property. Most of the property is on public land and water is abundant from lakes and rivers crossing the property in a north-south direction. Power, transportation and housing are available nearby and a local work force could support a mining operation.