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Focus Graphite Intersects 82.91 Metres at 13.81% Cg at the Lac Tétépisca Project in Québec
All seven deep definition holes drilled along strike of MOGC deposit intersected significant grap...
About this update from Focus Graphite Inc.
[{"type":"text","content":"Focus Graphite Intersects 82.91 Metres at 13.81% Cg at the Lac Tétépisca Project in QuébecAll seven deep definition holes drilled along strike of MOGC deposit intersected significant graphitic mineralization KINGSTON, ON / ACCESSWIRE / July 11, 2024 / Focus Graphite Inc. (TSXV:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) (Focus Graphite or the Company) announces that additional results from the 2022 exploration and definition drill program at its Manicouagan-Ouest Graphitic Corridor (MOGC) flake graphite deposit returned significant graphitic mineralization, demonstrated excellent continuity at depth, and showed potential for expansion. Significant mineralization is defined as a graphitic carbon (Cg) grading a minimum of 5.0% over at least 6.0 metres true thickness with internal dilution set at a maximum of 7.0 metres consecutive and no external dilution.\"We've now processed results of all 27 definition holes drilled along strike of our MOGC graphite deposit in 2022, a key milestone on our path to delivering an updated mineral resource estimate for our Lac Tétépisca project,\" said Marc Roy, Focus Graphite's President and CEO.\"Significant graphitic mineralisation has now been intersected at vertical depths ranging from 160 to 300 metres in all but one 50-metre spaced sections along a 950-metre strike length of our MOGC deposit. This demonstrates the excellent continuity of the mineralization at depth as well as the potential to extend the deposit below a vertical depth of 200 metres,\" added Mr. Roy.The MOGC flake graphite deposit is part of Focus Graphite's 100% owned Lac Tétépisca graphite project, which is located southwest of the Manicouagan Reservoir in the Côte-Nord administrative region of Québec, on the Nitassinan of the Pessamit Innu First Nation. The MOGC is defined by a linear 1.5 km long geophysical magnetic-electromagnetic anomaly that trends N035°. It has a pit-constrained Indicated Resource of 59.3 million tonnes (Mt) grading 10.61% Graphitic Carbon (Cg) for an estimated content of 6.3 Mt of natural flake graphite (in-situ), and an Inferred resource of 14.9 Mt grading 11.06% Cg for an estimated content of 1.6 Mt of natural flake graphite.This maiden resource-which positions the MOGC as one of the most significant flake graphite discoveries in Québec of the 2000s-is deta...