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Focus Graphite Commences 5,750 Metre Drill Program at Lac Tétépisca Project
OTTAWA, Nov. 20, 2017 (GLOBE NEWSWIRE) -- Focus Graphite Inc. (TSX-V:FMS) (OTCQX:FCSMF) (FSE:FKC) (“Focus” or the “Company”) is pleased to announce the commence
About this update from Focus Graphite Inc.
[{"type":"text","content":"OTTAWA, Nov. 20, 2017 (GLOBE NEWSWIRE) -- Focus Graphite Inc. (TSX-V:FMS) (OTCQX:FCSMF) (FSE:FKC) (“Focus” or the “Company”) is pleased to announce the commencement of Phase III drilling at the Company’s wholly owned Lac Tétépisca Flake Graphite Project (“the Project”) located southwest of the Manicouagan reservoir in the Côte-Nord administrative region of Québec. Phase III drilling continues to target the “Manicouagan-Ouest Graphitic Corridor” (MOGC), a 2.0 km-long graphite bearing structure mapped by the Company through prospecting, mechanical trenching and combined ground magnetic (MAG)-EM geophysical surveying from 2012 to 2014. Phase I drilling conducted in 2014 tested a 600-m section of the MOGC with 16 holes (total: 1,873 m) positioned along four sections spaced 200 m apart. In 2016, the Company completed a second phase of infill and extension drilling on the MOGC which included 18 HQ-diameter holes (total: 2,424 m) drilled along four fences, completing the 200-m line spacing pattern in the extent of the MOGC, plus five (5) additional infill holes drilled at a 100-m spacing between 2014 fences. Fifteen (15) holes from the Phase II program intersected significant graphitic mineralization with grades ranging from 5.6% graphitic carbon (Cg) to 19.35% Cg over a minimum true thickness of 6.2 m (refer to Focus news release dated January 20, 2017, available at www.focusgraphite.com). Phase III drilling commenced on November 17 using two drills rigs. Thirty-eight (38) HQ-diameter holes are planned (total: 5,750 m). The drilling is designed to further test the continuity, thickness and grade of the main graphitic mineralization within the MOGC at a 50-m hole spacing over a segment of 0.9 km and down to a vertical depth of 150 m. The large diameter drilling is also designed to provide graphite mineralization material to continue with pilot plant metallurgical testwork. Gary Economo, President and CEO of Focus states: “By the end of this year, Focus will have investigated a 1.4 km segment of the Manicouagan-Ouest Graphitic Corridor (MOGC) with an anticipated total of 9,800 m of systematic large diameter core drilling. The information gathered from the three drilling programs will then be combined to generate an initial mineral resource estimate on the highest-grade section of the MOCG by Q3 2018, which will then form the basis...