NextSource Materials Inc. is a Canada-based mine development company. The Company is engaged in the late stages of mine development of its 100%-owned Molo Graphite Project in southern Madagascar. The Molo is a full feasibility-stage project and flake graphite deposits. The Molo Project hosts a National Instrument 43-101 compliant total combined graphite resource of 141.28 million tons (Mt) at 6.13% total graphitic carbon (C), with a contained ore reserve of 22.44 Mt at 7.02%C. The Molo is situated in the Tulear region of south-western Madagascar and is located approximately 11.5 kilometers(km) east of the town of Fotadrevo, covering an area of 62.5 hectares within the Company’s overall property claim position of approximately 425 square kilometers (km2). The Company also owns the Green Giant Vanadium Project, located in Madagascar, and the Sagar Project, located in Quebec, which are at the exploration and evaluation stage.
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NextSource Materials Inc does not pay a dividend.
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