For thousands of other reports visit RSC's Mineral Intellingence Map
Focus Graphite Inc.
Summary
| Project: | Lac Tetepisca | |
|---|---|---|
| Deposit: | Lac Tetepisca | |
| Location: | Canada | |
| Commodities: | Graphite | |
| Date: | 1/20/2017 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 20-1-2017: Focus Graphite Inc. announces an Exploration/Drilling Update report for its Lac Tetepisca deposit at the Lac Tetepisca project. Drilling results incl. 99.05m @ 12.37% Cg from 25.55m. OTTAWA – January 20th, 2017 -- Focus Graphite Inc. (FMS: TSX- | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Marc-Andrew Bernier (Internal) | |
| ABSTRACT: | OTTAWA – January 20th, 2017 -- Focus Graphite Inc. (FMS: TSX-V; OTCQX: FCSMF; FSE: FKC) (“Focus” or the “Company”) is pleased to announce the results from the Company’s 2016 infill and extension drilling program at its wholly owned Lac Tétépisca Graphite Project (“the Project”) located southwest of the Manicouagan reservoir in the Côte-Nord administrative region of north-eastern Québec. The results of 2016 drilling program (18 holes; total: 2,424 m) combined with the results of the maiden core drilling program carried out on the Project in 2014, (16 holes; total: 1,874 m; refer to Focus news release dated August 17th, 2016 available at www.focusgraphite.com and at www.sedar.com) will form the basis of an initial Mineral Resource Estimate, planned to commence in Q1 2017, to be followed by a Preliminary Economic Assessment (PEA) in Q2 or Q3. The maiden core drilling program conducted on the Manicouagan-Ouest Graphitic Corridor in 2014 intersected significant graphitic mineralization including in hole LT-14-04 (Figure 1) which intersected 103.9 m2 grading 10.25% Cg (refer to Focus news release dated August 17th, 2016 available at www.focusgraphite.com and at www.sedar.com). The 2016 drilling program (Figure 1) consisted of three fences of drill holes spaced 200 m apart that were designed to test the 600 m southwest extension of the deposit. A fourth fence of holes (Line 2+00N) tested the northeast extension. In the wider central portion of the deposit, five (5) drill holes tested the higher grade portion of the Manicouagan-Ouest Graphitic Corridor on sections that are spaced 100 m apart. The infill drilling has confirmed the continuity of the graphitic mineralization as well as the occurrence of a high-grade zone, and it has provided further representative mineralization material for orientation metallurgical testing that is ongoing. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report