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EastCoastCdn

07/17/12 8:44 PM

#9405 RE: Dobie Lama #9403

Azimut did not file as an NI 43-101, however they did file with Department of Resources Québec a work report.
Work report number: GM 65648
You have to pay to download the report or you can view it by installing the proper software. The report is in French.
Software is lizardtech

In order to view the report go to the following link and

http://sigeom.mrnf.gouv.qc.ca/signet/classes/I1102_indexAccueil

Select Examine document (and surveys)

In the top field Report number enter GM 65648

Then hit search on the left hand side of the webpage.
The document will show up and click on the eye to view.

It is quite the process to view, but that is the only way I know how to view it.

The report should look like this, again I have not viewed it yet.

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alj14

07/18/12 6:33 AM

#9406 RE: Dobie Lama #9403

Many thanks for your detailed comments. I find them well argued and convincing. As you note, the role of Alain Champagne, "as common denominator in all three companies" (Nemaska, Monarques and Tucana) is a special feature here, and his track record has been excellent so far.

It is also good to see the share price and the chart pattern finally responding after a bleak period with very low volumes. Interest in Tucana should now revive.


Th people behind TUCA and Nemaska and Monarques are pretty sophisticated Canadian mining types.

I'm speaking of Alain Champagne who is the common denominator in all three companies.

Nemaska and Monarques have acquired millions in financing to proceed with planning and eventually, mining. I'm hoping with some more exploration of the Nevada gold property, TUCA can raise the funds to forge ahead with both properties.

Not sure what reports/work was done by the prior owner of the gold property. Something must have looked good to TUCA/Champagne or why would they buy it?

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elmacanuck

07/18/12 10:08 AM

#9408 RE: Dobie Lama #9403

The Nemaska partnership of one of the larger battery companies validates this.

Also the way the partnership happened with Nemaska having to jump through hoops to get further finacing from the battery maker makes this even stronger.

With the last injection of money the Chinese company now owns 19% of Nemaska.

what more do people need from a speculative. Jr. ??

We are surrounded by success .

We just need Jordan to take notes and ride the coat tails of these 2 other companies

best of luck here elmacanuck
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elmacanuck

07/18/12 10:10 AM

#9409 RE: Dobie Lama #9403

Nemaska Lithium Selects Valleyfield Quebec, as Strategic Location for New Lithium Hydroxide Plant

2012-07-18 10:04 ET - News Release


QUEBEC CITY, QUEBEC, CANADA -- (MARKET WIRE) -- 07/18/12


Nemaska Lithium Inc. ("Nemaska" or the "Corporation") (TSX VENTURE:NMX)(OTCQX:NMKEF) is pleased to announce that the Corporation has selected a site in the town of Valleyfield Quebec, for its lithium hydroxide/carbonate plant. Nemaska is currently completing a Preliminary Economic Assessment Study (PEA) for the construction of a mine and concentrator in the region of Nemaska which will feed a chemical plant that will produce lithium hydroxide and lithium carbonate, mainly for battery manufacturing.

The Town Council of Valleyfield has approved the sale of approximately 1,320,000 square feet or 122,600 square meters of land for construction of the chemical plant. The site is located in the Perron Industrial and Harbourfront Park in Salaberry-de-Valleyfield, Quebec. The site location is well serviced by existing infrastructure including rail, operated by both CN and CSX, port facilities on the St-Lawrence Seaway and natural gas. The site is also located near end users of lithium hydroxide and potential purchasers of by-products such as aluminum silicate and gypsum, both produced from the proprietary lithium hydroxide/carbonate process to be used by Nemaska.

"Our facility will be located in an established industrial park where skilled labour, services, facilities and potential customers are all at our fingertips," commented Guy Bourassa, President and CEO of Nemaska Lithium. "Our plan is to ship spodumene concentrate from the mine site in Nemaska to Chibougamau, transfer the concentrate to rail and ship it directly to our chemical plant in Valleyfield for secondary processing. Through this proprietary industry leading process, Nemaska will be delivering a value added product that is fully mined and processed in Quebec to customers globally. Our mine and chemical plant will create needed jobs in both the north and south of Quebec."

Nemaska is expecting to deliver the PEA for the mine, concentrator and chemical plant in August 2012 with a Definitive Feasibility Study by the end of the year.

About Nemaska

Nemaska is an exploration and development corporation that is currently developing its Whabouchi lithium deposit located in the James Bay Region in the Province of Quebec. Nemaska is in the process of becoming a lithium hydroxide/carbonate producer based in Quebec. The Company has filed patent applications covering its unique method of producing lithium hydroxide and lithium carbonate. Nemaska also owns 100% of the Sirmac lithium project, located about 125 km south of the Whabouchi deposit. Both projects are easily accessible year round by the Route du Nord from Chibougamau. The Whabouchi lithium deposit is located near the Cree community of Nemaska and the Nemiscau airport. The future chemical plant will be located in Valleyfield, Quebec. Nemaska is also an important shareholder of Monarques Resources Inc. (TSX VENTURE:MQR).

Forward-looking statements contained in this press release involve known and unknown risks, uncertainties and other factors that may cause actual results, performance and achievements of Nemaska to be materially different from any future results, performance or achievements expressed or implied by the said forward-looking statements.

Neither 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.


Contacts:
Victor Cantore
Investor Relations
514 831-3809
victor.cantore@nemaskalithium.com