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Focus Graphite Begins Phase 2 (12,000 Metres) of Its 2022 Core Drilling Program on Its Lac Tétépisca Project
KINGSTON, ON / ACCESSWIRE / July 28, 2022 / Focus Graphite Inc. (TSXV:FMS) ("Focus"or the "C...
About this update from Focus Graphite Inc.
[{"type":"text","content":"Focus Graphite Begins Phase 2 (12,000 Metres) of Its 2022 Core Drilling Program on Its Lac Tétépisca ProjectKINGSTON, ON / ACCESSWIRE / July 28, 2022 / Focus Graphite Inc. (TSXV:FMS) (\"Focus\"or the \"Company\") is pleased to announce the launch of the second phase (12,000 m) of its 2022 core drilling program on its Lac Tétépisca project. Phase 2 of the program was initiated following the receipt on July 6 of two land use permits from the ministry of Forests, Wildlife and Parks of Québec (\"MFFP\") relating to the Manicouagan-Ouest Graphitic Corridor (\"MOGC\") deposit sector and the areas of the \"West Limb\" and \"Southwest MOCG\" exploration targets. The Lac Tétépisca graphite project is wholly owned by Focus. It is located on the Nitassinan (ancestral territory) of the Pessamit Innuin the Côte-Nord region, 234 km north-northwest of the city of Baie-Comeau. Marc Roy, CEO of Focus, said: \"Our team is pleased to have obtained the necessary approvals to launch the second phase of drilling on our Lac Tétépisca project. We are now able to continue exploration drilling on the West Limb and Southwest MOGC targets as well as deep infill drilling on the MOGC deposit.\" The exploration drilling program for the West Limb and Southwest MOGC targets aims to validate the occurrence of graphite mineralization within the extension, of the magnetic and electromagnetic anomaly associated with the MOGC deposit, over an approximate distance of five kilometres. A deep infill drilling program is also underway at the MOGC deposit. The purpose of this program is to convert a portion of the 59.3 million tonnes (Mt) of Mineral Indicated Mineral Resources grading 10.61% Cg* into Measured Resources, as well as a portion of the 14.9 Mt of Inferred Mineral Resources grading 11.06% Cg* in Indicated Resources. The conversion of Inferred and Indicated mineral resources to higher category resources is necessary to allow the MOGC deposit to reach the next step of the development process, the Preliminary Economic Study (\"PEA\"). *Source: Report entitled \"NI 43-101 Technical Report, Mineral Resource Estimate, Lac Tétépisca Graphite Project, Québec\"\" prepared by DRA Global Ltd., Montreal office, filed on www.sedar.com April 5, 2022, and available under Focus Graphite Inc. To date, 31 holes hav...