Slide 1: Developing High-Grade Flake Graphite Projects
Developing High-Grade Flake Graphite Projects to Supply Top Quality Battery-Grade Graphite for the Green Energy Revolution April 2023 TSX.V: FMS | OTCQX: FCSMF | FSE: FKC | www.focusgraphite.com
Slide 2: Cautionary Note on Forward Looking Statements
Cautionary Note on Forward Looking Statements This presentation contains “forward-looking information” within the meaning of Canadian securities legislation. All information contained herein that is not clearly historical in nature may constitute forward-looking information. Generally, such forward-
Slide 3: Green energy revolution and graphite in EV batteries
The world is poised at the cusp of a green energy revolution, where renewable energy sources are replacing traditional sources of energy, such as oil, coal and gas. One of the major shifts taking place is the replacement of vehicles that run on fuel to zero-emission electric vehicles (EVs). These EV
Slide 4: Focus Graphite is developing some of the highest-quality flake graphite properties
Focus Graphite is developing some of the highest-quality flake graphite properties in the world. • Located in Quebec, Canada, a top-rated mining jurisdiction • infrastructure such as roads and low-cost hydroelectricity that make remote mine sites easier and cheaper to access and operate • Government
Slide 5: Our Team
Our Team Marc Roy Kimberly Darlington Judith Mazvihwa-Maclean Marc-André Bernier, Réjean Girard, géo. President and CEO Communications CFO géo. President of IOS Focus Graphite Focus Graphite Focus Graphite Table Jamésienne de Services Concertation Minière Géoscientifiques inc. (TJCM) - Senior – Tech
Slide 6: Our Values
Our Values At Focus we believe that: • We all must adopt renewable, sustainable energy solutions to preserve our planet. • Mining and processing the minerals that are critical to the production of green energy solutions can be achieved in a responsible way that protects the environment and makes use
Slide 7: Battery-grade graphite supply dominated by China
More than two-thirds of the battery-grade graphite available today comes from China, and there are no graphite mines in operation in the United States. North America needs a secure source of high purity large-flake graphite – and Focus Graphite plans to be that source. We seek to play a key role in
Slide 8: U.S. Department of Defense: Funding Opportunity
U.S. Department of defence: Funding Opportunity ● The US Defense Production Act (DPA) is looking to encourage the development of domestic sources of critical minerals for the Department of Defense (DoD) and other American offtakers and manufacturers ● The program has a $750 million US fund that can
Slide 9: Details on Canada's Critical Minerals Strategy
Details on Canada's Critical Minerals Strategy Vision: The Canadian Critical Minerals Strategy will increase the supply of responsibly sourced critical minerals and support the development of domestic and global value chains for the green and digital economy. Objectives 1 : Supporting economic growt
Slide 10: Six areas of focus of the strategy
These objectives will be achieved by focusing on six areas of focus: 1. Driving research, innovation, and exploration; 2. Accelerating project development; 3. Building sustainable infrastructure; 4. Advancing reconciliation with Indigenous peoples; 5. Growing a diverse workforce and prosperous commu
Slide 11: Lac Knife: Focus Graphite's flagship project
Lac Knife: Focus Graphite’s flagship project TSX.V: FMS | OTCQX: FCSMF | FSE: FKC | www.focusgraphite.com
Slide 12: Lac Knife: Focus Graphite's flagship project
Lac Knife: Focus Graphite’s flagship project TSX.V: FMS | OTCQX: FCSMF | FSE: FKC | www.focusgraphite.com
Slide 13: Lac Knife: Focus Graphite's flagship project
Lac Knife: Focus Graphite’s flagship project • 100% owned, high-grade crystalline flake graphite deposit located in the Côte-Nord district of northeastern Québec, about 27 km south of Fermont. • In March 2023, Focus Graphite announced an update to its 2014 feasibility study that positioned Lac Knife
Slide 14: Lac Knife: Mineral Resources and Reserves Estimation
Lac Knife: Focus Graphite’s flagship project Mineral Resources and Reserves Estimation • Total Measured and Indicated Mineral Resources are now estimated at 12.0 M tonnes grading 15.34% Cg. An increase of 5.76 M tonnes compared to 2014 • Total Mineral Reserves are now estimated at 9.31 M tonnes grad
Slide 15: Lac Knife: Mining
Lac Knife: Focus Graphite’s flagship project Mining • At its maximum extension, the pit opening will cover an area of 319,000 m2 (0.32 km2), an increase of 59.9% relative to the 2014 design • At 0.32 km2, the footprint of the Lac Knife project pit remains 75 times smaller than that of Arcellor Mitta
Slide 16: Lac Knife: Target and Feasibility Study
Lac Knife: Focus Graphite’s flagship project • Target: Open pit graphite mine with an average annual production capacity of 47,781 tonnes of salable graphite concentrate grading an average 98.2 % Cg for all size fractions (99.7% Cg for +80 mesh flake (+177 µm))1 at an average mill feed rate of 365,3
Slide 17: Lac Knife: ESIA update underway
Lac Knife: Focus Graphite’s flagship project ESIA (Environmental and Social Impact Assessment) update underway: • WSP (formerly Wood Environment and Infrastructure Solutions) is conducting two important ESIA-related investigations: • new air quality model and dust management plan • hydrogeochemical
Slide 18: Lac Knife: Next Steps
Lac Knife: Focus Graphite’s flagship project Next Steps: • Complete the ESIA studies, together with the Mine Closure Plan for the project and submit the reports to the Québec ministry of the Environment and Climatic Changes (MELCC) for review. • Upon the ESIA study being deemed “receivable” by the M
Slide 19: Lac Tétépisca: A new discovery
Lac Tétépisca: A new discovery with the potential to become one of the biggest sources of high-quality flake graphite in North America TSX.V: FMS | OTCQX: FCSMF | FSE: FKC | www.focusgraphite.com
Slide 20: Lac Tétépisca Project
Lac Tétépisca Project TSX.V: FMS | OTCQX: FCSMF | FSE: FKC | www.focusgraphite.com
Slide 21: Lac Tétépisca Project
Lac Tétépisca Project • Manicougan Hydroelectric Reservoir, Côte Nord region of northeastern Québec, 234km north of the city of Baie-Comeau • 100%-owned, accessible year-round by road from highway 389. • Two contiguous properties, Lac Tétépisca and Lac Tétépisca Nord, that together form a block of 1
Slide 22: Lac Tétépisca Project
Lac Tétépisca Project • Target: large tonnage, open pit flake graphite deposit grading a min. 10% graphitic carbon (Cg). • Between 2014 and 2020, 106 drill holes over a 1.4 km distance were drilled for a total collection of 16,467 m. • In 2021, a total of 5177 samples were sent for analysis. • The d
Slide 23: Lac Tétépisca Project
Lac Tétépisca Project On February 17, 2022, Focus released the highlights of DRA America’s Mineral Resource Estimate (“MRE”) on the Manicouagan-Ouest Graphitic Corridor (“MOGC”) prospect. The MOGC prospect hosts: • Open pit constrained “Indicated” mineral resources of 59.3 Million tonnes (“Mt”) grad
Slide 24: Lac Tétépisca Project
Lac Tétépisca Project • The MOGC prospect is now classified as a “mineral deposit” per CIM Standards on Mineral Resources and Reserves, Definitions and Guidelines. A mineral deposit is the fundamental building block needed by Focus to move the Lac Tétépisca project from Stage 5 of the mineral develo
Slide 25: Lac Tétépisca Project
Lac Tétépisca Project In 2021, the USA did not produce natural graphite. According to the USGS, U.S. natural graphite imports for 2021 were estimated at 53,000t, about 57% of which were flake and high-purity flake. With 6,300,000 t of graphite in the ground (Indicated resources) at Lac Tétépisca, Fo
Slide 26: Lac Tétépisca Project Map
Lac Tétépisca Project Map TSX.V: FMS | OTCQX: FCSMF | FSE: FKC | www.focusgraphite.com
Slide 27: Lac Tétépisca Project Map
Lac Tétépisca Project Map TSX.V: FMS | OTCQX: FCSMF | FSE: FKC | www.focusgraphite.com
Slide 28: MOGC Deposit Geometallurgical Study Proposal
Lac Tétépisca Project MOGC Deposit Geometallurgical Study Proposal: In June 2022, Focus received a $350,000 grant from the Québec Ministry of Mines (“MERN”) to support a geometallurgical study of the MOGC deposit. A “GeoMet” study is a recent practice in the mining industry - combines geology, miner
Slide 29: 2022 Exploration Drilling Program by IOS
Lac Tétépisca Project 2022 Exploration Drilling Program by IOS: • The 2022 core drilling program at Lac Tétépisca was completed in November 2022, ahead of schedule and under budget • A total of 74 holes were completed representing 14,900 metres Drilling Highlights • 92.42 m grading 14.28% Cg in hole
Slide 30: TSX.V: FMS | OTCQX: FCSMF | FSE: FKC | www.focusgraphite.com
TSX.V: FMS | OTCQX: FCSMF | FSE: FKC | www.focusgraphite.com
Slide 31: Lac Tétépisca Project: Indigenous Relations
Lac Tétépisca Project Indigenous Relations: • On March 28 2022, Focus met with the Council of the Pessamit Innu on whos Nitassinan (traditional lands) the Lac Tétépisca project is found. • We listened to their concerns, answered their questions and gained an understanding of their interests and prio
Slide 32: Quebec Graphite Mine Comparison
Quebec Graphite Mine Comparison TSX.V: FMS | OTCQX: FCSMF | FSE: FKC | www.focusgraphite.com
Slide 33: Capital Structure and Financial Information
Capital Structure and Financial Information Focus Graphite Inc. Symbol: FMS Listed Exchange TSX Venture Market Capitalization $ 26.66M Common shares outstanding 57.92M Cash & Investments $ 1.8M Recent Price (March 31, 2022) $0.42 52-week Range $0.09 - $0.90 TSX.V: FMS | OTCQX: FCSMF | FSE: FKC | www
Slide 34: Investor Contact
Investor Contact: Kimberly Darlington kdarlington@focusgraphite.com TSX.V: FMS | OTCQX: FCSMF | FSE: FKC | www.focusgraphite.com April 2023