Mr. Marc Roy reporta
FOCUS GRAPHITE STARTS PHASE 1 DRILLING AT SOUTHWEST MOGC AND WEST LIMB TARGETS AT LAC TETEPISCA, QUEBEC
Focus Graphite Inc. has started a first phase of 3,000 metres of exploration drilling at its 100-per-cent-owned Lac Tetepisca graphite project, located southwest of the Manicouagan reservoir in the Cote-Nord administrative region of Quebec on the Nitassinan of the Pessamit Innu.
The new drilling program will test two high-priority graphitic targets at the Lac Tetepisca project, Southwest MOGC and West Limb. The Southwest MOGC target encompasses the southwestern extension of the linear kilometre-scale ground geophysical magnetic-electromagnetic anomaly which hosts the company's recently announced Manicouagan-Ouest graphitic corridor (MOGC) flake graphite deposit. On Feb. 17, 2022, Focus announced a pit-constrained indicated resource of 59.3 million tonnes grading 10.61 per cent graphitic carbon (Cg) for the MOGC deposit for an estimated content of 6.3 million tonnes of natural flake graphite (in situ), and an inferred resource of 14.9 million tonnes grading 11.06 per cent Cg for an estimated content of 1.6 million tonnes of natural flake graphite (insitu) (refer to Focus news release dated Feb. 17, 2022, available on the company's website, for additional details).
Phase 1 drilling will also test the company's West Limb target, a second linear kilometre-scale ground MAG-EM anomaly that is parallel to the MOCG MAG-EM anomaly but is located two km to the west. Prospecting and outcrop sampling conducted by Focus along a 900 m segment of the West Limb graphitic target in 2014 returned 15 paragneiss grab samples with Cg grades ranging from 1.06 per cent to 54.20 per cent, nine of which graded over 16 per cent Cg (source: Focus technical report dated May, 2015).
"Our primary goal for 2022 at our Lac Tetepisca project is to confirm our hypothesis that the Southwest MOGC and West Limb targets hold significant graphite mineralization potential," said Marc Roy, president and chief executive officer of Focus Graphite. "Both targets are close to the MOGC graphite deposit and have similar geophysical characteristics, and we interpret these as being structurally and genetically related, representing the nose and west limb of an anticline fold, respectively. By confirming our model for satellite deposits, Focus aims to demonstrate the potential to significantly expand its flake graphite resource base at its Lac Tetepisca project to take it to a world-class level."
Focus has commissioned IOS Services Geoscientifiques Inc. of Saguenay, Que., to design and operate the 2022 exploration drilling programs at the Lac Tetepisca project. The company has also retained the services of Table Jamesienne de Concertation Miniere (TJCM) of Chibougamau, Que., to provide independent advisory and drilling project supervision services. Drilling is being performed by Forage G4 of Val d'Or, Que.
Qualified person
Marc-Andre Bernier, Geo (Quebec), PGeo (Ontario), MSc, senior geoscientist for Table Jamesienne de Concertation Miniere, a consultant to the company and a qualified person as defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the technical content this news release.
About the Lac Tetepisca graphite project
Focus Graphite's 100-per-cent-owned Lac Tetepisca graphite project comprises two contiguous properties, Lac Tetepisca and Lac Tetepisca Nord, located in the Southwest Manicouagan reservoir area of the Cote-Nord region of Quebec on the Nitassinan of the Pessamit Innu, 234 km north-northwest of the city of Baie-Comeau, an industrial city located where the Manicouagan River intersects the north shore of the St. Lawrence River. Together, the two properties form a block of 125 map-designated claims (total area: 6,737.50 hectares). Focus purchased a 100-per-cent unencumbered interest of the mineral rights in the 67 CDC claims constituting the original Lac Tetepisca property from a third party in August, 2011. The Lac Tetepisca Nord property was map-staked by the company in 2012. The Lac Tetepisca project is accessible year-round by way of a network of secondary gravel roads that extend north from Highway 389, 10 km to the south of the Manic 5 hydroelectric power station.
Additional maps of the Lac Tetepisca property showing the location of the MOGC graphite deposit, along with drill sections, are available on the company's website.
About Focus Graphite Inc.
Focus Graphite is an exploration and development company that seeks to produce flake graphite concentrate at its wholly owned Lac Knife and Lac Tetepisca flake graphite projects located in the Cote-Nord administrative region of Quebec. As part of its mission to build long-term, sustainable shareholder value, Focus is also evaluating the feasibility of producing value-added specialty graphite products, including battery-grade spherical graphite.
Focus Graphite is a technology-oriented graphite development company with a vision for building long-term, sustainable shareholder value. Focus also holds an equity position in graphene applications developer Grafoid Inc. Focus is committed to operating in a socially, environmentally and ethically responsible manner.
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