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Showing posts with label nano. Show all posts
Showing posts with label nano. Show all posts

Tuesday, April 9, 2013

Focus Graphite has top quality graphite needed for the burgeoning Graphene market

Focus Graphite Releases Infill and Deposit Margin Drilling Results at Lac Knife Deposit : 42.8 m grading 20.43% Cgr in Hole LK-12-1282 minutes ago by Marketwire Canada

Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Company") is pleased to report the results of the summer 2012 infill and deposit margin drilling program on the Company's 100%-owned Lac Knife graphite Property (the "Property"), located in the Grenville Geological Province of northeastern Quebec. Fifty-six (56) large diameter (PQ-sized) core holes (total: 5,638 m) were drilled with the aim to upgrade the current Inferred mineral resources in the southeastern part of the Lac Knife deposit to the Indicated category; to map the limits of the deposit; and to provide sufficient mineralised feed material for phase II lock cycle metallurgical testing and for the pilot plant testing program currently scheduled to commence this month.

Hole LK-12-128 drilled on Line 500 S targeted the western zone of the deposit and returned one of the best graphitic carbon (Cgr) intersections of the program (Table 1):
     Hole LK-12-128: 42.8 m grading 20.43% Cgr (from 60.7 to 103.5 m),
     including 11.8 m grading 36.08% Cgr (from 79.7 to 91.5 m)


Most of the drill holes intercepted significant graphite intersections(i) along the strike length of West, Central and East zones of the deposit as evidenced by the following Holes:

     Hole LK-12-135 drilled on section 675 S: 60.5 m grading 17.88% Cgr
     (from 61.0 to 121.5 m), including 13 m grading 32.33% Cgr (from 70
     to 83 m) and 11.8 m grading 26.39% Cgr (from 106.7 to 118.5 m)

     Hole LK-12-147 drilled on section 375 S: 42.8 m grading 17.59% Cgr
     (from 12.4 to 55.2 m), including 5.4 m grading 39.56% Cgr (from
     15.4 to 20.8 m)

     (i) Significant intercepts are defined as Cgr greater than 5%
     over a minimum of 6 m; maximum internal dilution of 6 m; maximum
     external dilution of 0 m.


All 40 significant intercepts are summarized in Table 1. Sectional views of the drilling on lines 375 S, 500 S and 675 S are available on the Company's website at www.focusgraphite.com).

Focus Graphite President and CEO Gary Economo states: "We are extremely pleased with the results of our infill resource drilling program at Lac Knife which continue to deliver high graphite grades over significant thicknesses in both the West and Central zones of the deposit. The 2012 drilling was primary designed to improve our current understanding of the limits, geometry, and continuity in thickness and grade of the graphite mineralisation, key elements required to upgrade our current mineral resource estimate and map additional resources. Our summer 2013 exploration program at Lac Knife will include additional resource drilling to consolidate the size and limits of the deposit".

Table 1: Summary of significant graphitic carbon drill core intersections (Cgr greater than 5% and minimum intersection of 6 m) from the 2012 infill and deposit margin drilling program at the Lac Knife property.
----------------------------------------------------------------------------
                           Total                       Core
                          Length    From      To Length(ii)  Cgr(iii)      S
Hole       Azimuth  Dip      (m)     (m)     (m)        (m)       (%)    (%)
----------------------------------------------------------------------------
LK-12-116     N078  -45       56    35.7    48.8       13.1     10.11   3.62
----------------------------------------------------------------------------
LK-12-117     N075  -50      135    64.5    79.5       15.0      7.08   3.18
----------------------------------------------------------------------------
LK-12-119     N081  -47      147    49.5    72.8       23.3     13.10   7.42
----------------------------------------------------------------------------
                                   112.8   129.9       17.1     13.43   7.03
----------------------------------------------------------------------------
LK-12-120     N080  -47      138    54.7    68.2       13.5     12.60   5.30
----------------------------------------------------------------------------
                                   114.5   126.7       12.2     10.45   5.47
----------------------------------------------------------------------------
LK-12-121     N081  -47      146    71.6    88.5       17.0     12.52   4.32
----------------------------------------------------------------------------
LK-12-123B    N073  -47      171    23.3    41.8       18.5     15.84   5.18
----------------------------------------------------------------------------
LK-12-124     N089  -47      141    33.4    48.8       15.4     21.69   5.90
----------------------------------------------------------------------------
                                   100.5   117.7       17.2     13.12   6.12
----------------------------------------------------------------------------
LK-12-125     N080  -47      159     6.9    18.0       11.2     17.93   5.22
----------------------------------------------------------------------------
                                    24.2    31.4        7.2     15.62   4.22
----------------------------------------------------------------------------
                                    84.0   102.5       18.5     12.63   7.81
----------------------------------------------------------------------------
LK-12-126     N078  -47      146    66.0    85.5       19.5      9.09   7.52
----------------------------------------------------------------------------
LK-12-127     N062  -69      131    16.6    33.1       16.5     19.08   4.98
----------------------------------------------------------------------------
                                    90.2   112.3       22.1     12.19   6.29
----------------------------------------------------------------------------
LK-12-128     N075  -52      125    60.7   103.5       42.8     20.43   5.25
----------------------------------------------------------------------------
LK-12-129     N051  -47      111    75.0    93.0       18.0     20.97   6.72
----------------------------------------------------------------------------
LK-12-130     N059  -45      156    31.5    43.4       11.9     20.48   6.17
----------------------------------------------------------------------------
                                    61.5    72.0       10.5     21.19   6.92
----------------------------------------------------------------------------
                                   117.2   153.2       36.1     12.98   5.39
----------------------------------------------------------------------------
LK-12-131     N099  -48      215    22.6    92.3       69.7     15.81   5.44
----------------------------------------------------------------------------
                                   112.0   130.8       18.8     12.04   4.45
----------------------------------------------------------------------------
                                   147.6   214.5       66.9     17.89   9.46
----------------------------------------------------------------------------
LK-12-131-B   N099  -48       59    17.8    58.5       40.7     12.37   4.03
----------------------------------------------------------------------------
LK-12-132     N073  -46      116    60.7    74.1       13.4     16.25   5.12
----------------------------------------------------------------------------
                                    80.2   108.3       28.1     20.20   7.12
----------------------------------------------------------------------------
LK-12-133     N090  -65      101    32.5    58.3       25.8     13.73   4.56
----------------------------------------------------------------------------
                                    68.2    92.0       23.8     18.19   5.96
----------------------------------------------------------------------------
LK-12-134     N065  -46      118    36.3    87.0       50.7     18.53   5.13
----------------------------------------------------------------------------
LK-12-135     N087  -53      125    61.0   121.5       60.5     17.88   5.40
----------------------------------------------------------------------------
LK-12-141     N076  -45       77    38.7    73.8       35.1     13.98   3.61
----------------------------------------------------------------------------
LK-12-142     N080  -45       75     0.0    13.5       13.5     10.62   2.88
----------------------------------------------------------------------------
                                    26.0    41.2       15.2     20.28   4.13
----------------------------------------------------------------------------
LK-12-143     N079  -47      120    11.0    25.0       14.0     17.09   3.80
----------------------------------------------------------------------------
                                    84.8    92.1        7.3     17.05   6.50
----------------------------------------------------------------------------
LK-12-144     N080  -45       96    27.6    92.2       64.6     17.70   7.96
----------------------------------------------------------------------------
LK-12-145     N104  -49       90    59.4    74.0       14.6     18.16   6.50
----------------------------------------------------------------------------
LK-12-146     N077  -45       81    44.3    61.9       17.6     16.84   8.20
----------------------------------------------------------------------------
LK-12-147     N085  -45       60    12.4    55.2       42.8     17.59   8.50
----------------------------------------------------------------------------
LK-12-149     N084  -55      108    67.1    78.9       11.8     14.11   3.86
----------------------------------------------------------------------------
LK-12-150     N078  -45       89    46.5    59.2       12.7     18.94   3.43
----------------------------------------------------------------------------
LK-12-153     N074  -45       78    19.0    40.2       21.2     13.17   3.07
----------------------------------------------------------------------------
                                    52.1    72.0       19.9     17.05   8.05
----------------------------------------------------------------------------
LK-12-154     N077  -45       59    21.1    28.6        7.5     17.26   7.88
----------------------------------------------------------------------------
LK-12-156     N077  -45       90     9.8    18.2        8.4     19.85   3.96
----------------------------------------------------------------------------
                                    56.0    70.2       14.2     19.51   7.80
----------------------------------------------------------------------------
LK-12-157     N077  -45       81    26.3    36.5       10.2     11.22   3.16
----------------------------------------------------------------------------
                                    54.8    67.4       12.6     19.73   7.14
----------------------------------------------------------------------------
LK-12-158     N075  -45       41    17.5    34.0       16.5     17.79   7.38
----------------------------------------------------------------------------
LK-12-159     N036  -45       44    23.6    39.9       16.3     16.38   8.40
----------------------------------------------------------------------------
LK-12-160     N259  -50      110    10.5   109.5       99.0     26.21   6.81
----------------------------------------------------------------------------
LK-12-161     N098  -64      131    37.6    60.9       23.3     15.86   5.88
----------------------------------------------------------------------------
                                    80.9    88.9        8.0     12.69   7.47
----------------------------------------------------------------------------
LK-12-162     N076  -45       92     7.5    49.0       41.5     14.23   5.20
----------------------------------------------------------------------------
                                    63.7    72.0        8.3      8.07   3.91
----------------------------------------------------------------------------
LK-12-163     N081  -50      156     7.6    24.8       17.2     18.49   6.45
----------------------------------------------------------------------------
                                    49.5    63.8       14.3     13.48   4.81
----------------------------------------------------------------------------
                                    82.8   115.5       32.7     11.09   4.86
----------------------------------------------------------------------------
                                   123.3   140.6       17.3     11.89   9.05
----------------------------------------------------------------------------
LK-12-164     N059  -45      182     2.0    21.6       19.6      9.50   2.98
----------------------------------------------------------------------------
                                    74.5    88.5       14.0     16.06   6.79
----------------------------------------------------------------------------
                                   114.9   124.5        9.6     15.96   8.54
----------------------------------------------------------------------------
                                   164.4   181.5       17.1     10.85   4.08
----------------------------------------------------------------------------
LK-12-165     N077  -45      131    29.5    55.5       26.0      9.46   3.43
----------------------------------------------------------------------------
                                   108.0   122.6       14.6      5.74   3.06
----------------------------------------------------------------------------
(ii) Significant Cgr intersections are expressed as core length because the
host rocks are highly metamorphosed and locally migmatized and folded.
However, the mineralization envelope interpreted from the historical data
cross-cuts the drill holes at a high angle.

(iii) All core sample carbon analyses performed by COREM and delivered as
graphitic carbon (Cgr), internal analytical code LSA-M-B10, LECO high
frequency combustion method with infrared measurement.


The mineralization at Lac Knife is hosted in biotite-quartz-feldspar paragneiss and schist of the Nault Formation, in association with iron formations of the Wabush Formation. These are equivalent to the lower Proterozoic Labrador Trough rocks affected by the late Proterozoic Grenvillian orogeny. Metamorphism associated with the Grenvillian orogeny has resulted in the formation of economic grade concentrations of graphite dominated by value-enhanced large flakes.

The Lac Knife property comprises 57 map-designated claims covering 2,986.31 ha located in Esmanville Township (NTS map sheet 23B/11), 27 km south-southwest of the iron-mining town of Fermont, in the Cote-Nord administrative district of Quebec. Focus acquired a 100% interest in the property in October 2010. Maps showing the location of the Lac Knife property as well as drill holes locations are available on the company's website at www.focusgraphite.com.

2012 Infill and Deposit Margin Drill Program, Methodology and QA/QC
The summer 2012 infill and deposit margin drilling program at Lac Knife comprised 56 large diameter (PQ-sized, 4-inch) core holes for a total of 5,628 m. The drilling program was designed to map the limits of the Lac Knife graphite deposit and provide sufficient additional data and control on mineralisation to be useful for in a new resource estimate. The drilling was also designed to provide enough mineralised material for phase II metallurgical testing (see Focus' press release dated March 4th) and for subsequent pilot plant trials.
The 2012 drilling campaign was managed by IOS Services Geoscientifiques ("IOS") of Chicoutimi, Quebec. The infill and deposit margin drilling program started on July 1st and ended on September 17th 2012. The drilling was performed by G4 Drilling of Val-d'Or, Quebec under the supervision of IOS.

The 56 holes were spread over the western, central and eastern zones of the deposit (see drill holes location map available on the Company's website at www.focusgraphite.com).

Two slabs of about 1/4 of the 4 inch diameter PQ core were sawed parallel on each side of the central axis of the core. One of the slabs was earmarked for geochemical analysis while the other slab was kept as a witness sample. Center parts of the core were used as graphite-bearing material for the phase II metallurgical testing and for the subsequent pilot plant testing program.

A total of 2,076 sub-sample slabs of the PQ drill core were collected from all 56 holes and shipped to IOS for sample preparation (crushing and grinding). Once prepared, the samples were sent to the Consortium de Recherche Appliquee en Traitement et Transformation des Substances Minerales ("COREM"), an ISO/IEC 17025:2005 certified facility in Quebec-City, for graphitic carbon (Cgr) analysis using LECO high frequency combustion method with infrared measurement (internal analytical code LSA-M-B10 for graphitic carbon; ISO 9686:2004). For the measurement of graphitic carbon, the sample is pre-treated with nitric acid, placed in a LECO capsule and introduced in the furnace (1,380 degrees C) in an oxygen atmosphere. Carbon is oxidized to CO2. After the removal of moisture, gas (CO2) is measured by an infrared detector and a computerized system calculates the concentration of graphitic carbon (Cgr). Total sulphur was also analyzed by LECO (code LSA-M-B41) (Table 1). For sulphur determinations, the sample is placed in a LECO capsule and introduced in the furnace (1,380 degrees C) until sulphur is oxidized to SO2. After the removal of moisture, gas (SO2) is measured by an infrared detector and a computerized system calculates the concentration of total sulphur (%).

Under the QA/QC program, about 10% of the samples were analyzed by COREM for total (code LSA-M-B45), organic (code LSA-M-B58), inorganic (code LSA-M-B11) and graphitic (code LSA-M-B10) carbon as well as for total sulphur (a total of 191 core samples). Duplicates of the same 191 samples were also sent to ACTLABS Laboratories of Ancaster, Ontario (ISO/IEC 17025:2005 with CAN-P-1579) for graphitic carbon (code 5D - C Graphitic) and total sulphur (code 4F - S Combustion infrared detection) determinations and for 35 multi-element analysis using ICP methods (code 1E2 - Aqua Regia). IOS introduced 181 standards, 173 duplicates and 159 blank samples into the batch of core sample as part of the QA/QC program.

Summer 2013 Drilling Program
Focus is currently working on the design of a two-phase follow-up drilling program on the Lac Knife property for the summer of 2013. Phase I of this program will include additional infill drilling within the limits of the deposit defined by the NI 43-101 compliant mineral resource estimate (see Lac Knife PEA Technical Report available on Focus' website or at www.sedar.com). Phase II will consist of an exploration drilling program in order to test geophysical anomalies identified during last fall's ground magnetic and horizontal loop electromagnetic (HLEM) survey done by G.L. Geoservice Inc. and interpreted by Geophysique Camille St-Hilaire Inc., both located in Rouyn-Noranda.

About Focus Graphite
Focus Graphite Inc. is an emerging mid-tier junior mining development company, a technology solutions supplier and a business innovator. Focus is the owner of the Lac Knife graphite deposit located in the Cote-Nord region of northeastern Quebec. The Lac Knife project hosts a NI 43-101 compliant Measured and Indicated mineral resource of 4.972 Mt grading 15.7% carbon as crystalline graphite with an additional Inferred mineral resource of 3.000 Mt grading 15.6% crystalline graphite.

Focus' goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. On October 29th, 2012 the Company released the results of a Preliminary Economic Analysis ("PEA") of the Lac Knife project which demonstrates that the project has an excellent potential to become a producer of graphite. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus invests in the development of graphene applications and patents through Grafoid Inc. 
                                                                                          Graphene - the "wonder" material

The technical information presented in this press release has been reviewed by Benoit Lafrance, Ph.D., geo (Quebec), Focus Vice-President of Exploration and a Qualified Person under NI 43-101.
Forward Looking Statements - Disclaimer
This news release may contain forward looking statements, being statements which are not historical facts, and discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. Important factors that could cause actual results to differ materially from the Company's expectations are in our documents filed from time to time with the TSX Venture Exchange and provincial securities regulators, most of which are available at www.sedar.com Focus Graphite disclaims any intention or obligation to revise or update such statements.
FOR FURTHER INFORMATION PLEASE CONTACT: Mr. Gary Economo President and Chief Executive Officer 613-691-1091, ext. 101 geconomo@focusgraphite.com www.focusgraphite.com
SOURCE: Focus Graphite Inc.

Tuesday, March 19, 2013

Brigus Gold reports more high grade drilling results at new Grey Fox site!

Company News Alert
High Grade Drilling Results to Expand the Resource at Grey Fox (bwire)

HALIFAX, Nova Scotia (Business Wire) -- Brigus Gold Corp. (“Brigus” or the “Company”) (NYSE MKT: BRD; TSX: BRD) is pleased to report additional drilling results from its ongoing drill program at the 147 Zone, including high grade gold intercepts of 8.7 grams per tonne over 21 metres and 6.2 grams per tonne over 25 metres. 

“It is clear that the Grey Fox resource is more significant than initially reported,” said Howard Bird, Brigus' Senior Vice President of Exploration. “These high grade drill results are located outside of our current resource estimate and will expand the gold resource on the Grey Fox property.” 

Next quarter, the Company plans to release an updated NI 43-101 resource estimate on the Grey Fox property followed by a full feasibility study in Q3 2013.

Highlights from the 147 Zone which remains open for expansion:
Hole Number      
From
(m)
     
To
(m)
     
Core Length
(m)
     
Gold Grade
grams/tonne
      Grams X Width
                                 
Open Pit Potential
GF12-510       149.30       163.00       13.70       1.98       27
GF12-514       168.00       195.25       27.25       2.97       81
including       168.00       173.00       5.00       11.88       59
GF12-527       138.00       148.00       10.00       1.77       18
GF12-533       167.00       175.00       8.00       2.92       23
        190.00       211.00       21.00       8.72       183
Underground Potential
GF12-566       218.30       223.00       4.70       12.42       58
GF12-574       203.00       211.80       8.80       2.25       20
        265.00       290.00       25.00       6.17       154
GF12-575       279.00       294.00       15.00       6.48       97
GF12-639       434.00       445.00       11.00       5.35       59
All assays are capped at 100 gpt gold, average gold grades over core length widths.
 
“Currently we have four drill rigs turning on the 147 Zone and one rig on the Contact Zone,” said Bird. “Drill results are demonstrating excellent potential for both an open pit and underground mine on the Grey Fox property.”
Brigus' 2013 Grey Fox drilling program is designed to extend and expand both the 147 and Contact zones through systematic drilling along strike and below the 200m level. Recent drilling results from below the 200m level prove strong continuity in the down-dip especially with hole GF12-639 intersecting 5.35 grams per tonne gold over 11 metres at a vertical depth of 380 metres below surface.

Details of the most recent 147 Zone drill holes, the 147 Zone drill-hole location map and a long section map can be found on the Company's website at www.brigusgold.com.

Surface drilling was conducted by Norex Drilling and was supervised by the Brigus exploration team. All sample analyses reported herein were performed by Polymet Labs of Cobalt, Ontario, which is ISO 9001:2000 certified in North America using standard fire assay procedures. Intercepts cited do not necessarily represent true widths, unless otherwise noted. Brigus Gold's quality control checks include insertion of blanks, standards and duplicates to ensure laboratory accuracy. Senior Exploration Project Manager John A. Dixon, P. Geo., reviewed the technical exploration information in this release as the Qualified Person for the Company.

About Brigus Gold
Brigus is a growing Canadian gold producer committed to maximizing shareholder value through a strategy of efficient production, targeted exploration and select acquisitions. The Company operates the wholly owned Black Fox mine and mill in the Timmins Gold District of Ontario, Canada. The Black Fox Complex encompasses the Black Fox mine, the new Grey Fox property and adjoining properties in the Township of Black River-Matheson, Ontario, Canada. The Black Fox mine is in production and the Grey Fox mine, located four kilometres from Black Fox is in development. Brigus is also advancing the Goldfields Project located near Uranium City, Saskatchewan, Canada, which hosts the Box and Athona gold deposits. In Mexico, Brigus owns the Ixhuatan Project located in the state of Chiapas. In the Dominican Republic, Brigus has signed an agreement to sell its remaining interests in three mineral exploration projects.

Cautionary and Forward-Looking Statements
Statements in this news release, which are not historical facts, are forward-looking statements that involve risk, uncertainties and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. All statements regarding the Company's ability to successfully expand the Black Fox Complex gold resource, add to Black Fox resources, advance new discoveries to production, convert resource estimates into near-term production, release of an updated mineral resource estimate in 2012 and the Black Fox underground mine exploration drilling program and continue to obtain positive down dip continuity of significant gold mineralization are forward-looking statements and estimates that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from these forward-looking statements include environmental risks and other factors disclosed under the heading “Risk Factors” in Brigus Gold's most recent Annual Information Form and Management Discussion and Analysis filed under the company's name at www.sedar.com and annual report on Form 40-F filed with the United States Securities and Exchange Commission at www.sec.gov and elsewhere in Brigus Gold's documents filed from time to time with the Toronto Stock Exchange, the NYSE Amex, the United States Securities and Exchange Commission and other regulatory authorities. All forward-looking statements included in this news release are based on information available to the Company on the date hereof. The Company assumes no obligation to update any forward-looking statements, except as required by applicable securities laws. Source: Brigus Gold Corp.


Brigus Gold Corp.
Kate Wood, 902-442-7184
Manager, Investor Relations
kwood@brigusgold.com


Friday, March 8, 2013

Focus Graphite Reports Preliminary Phase II Locked Cycle Tests from Lac Knife Yield High Purity 96.6% C Flake Graphite

Focus Graphite Inc.Focus Graphite Inc.

TSX VENTURE : FMS
OTCQX : FCSMF
FRANKFURT : FKC


March 04, 2013 09:58 ET


OTTAWA, ONTARIO--(Marketwire - March 4, 2013) - Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Corporation") is pleased to report preliminary Phase II Locked Cycle Test* (LCT) results for its Lac Knife, Québec high-grade graphite deposit.

SGS Canada Inc. ("SGS") has completed Phase II LCTs on four (4) composite core samples comprised of low-grade and semi-massive graphite with a head grade ranging between 6.0% C and 20.7% C. Highlights are as follows:
  • The average amount of graphite flake recovered from the core samples in the Phase II LCTs increased to 92.2% compared with a recovery of 84.7% graphite flake in the Phase I LCTs

  • The proportion of large flakes (+80 mesh) in the graphite concentrates ranged between 35% and 58%

  • The carbon content of graphite concentrates produced from the four (4) composites averaged 96.6 %C, including the fine flake fraction (-200 mesh), a 4.6% increase over Phase I LCTs completed in mid 2012
* A locked cycle test is a repetitive batch flotation test conducted to assess flow sheet design. It is the preferred method for arriving at a metallurgical projection from laboratory testing. The final cycles of the test are designed to simulate a continuous, stable flotation circuit. 

All carbon analyses were performed by SGS and are reported as total carbon (C). The analytical methods that were used to determine the metallurgical results included double loss on ignition analysis (double LOI) and total carbon analysis by Leco on the final concentrates. The lower grade tailings products were analyzed by the graphitic carbon method to discount the organic carbon and carbonate carbon in the samples.
Final Phase II LCT results including for the two (2) composite core samples comprising of massive graphite are pending.

"The findings from the Phase I and Phase II metallurgical testing program have been incorporated into the design of the flow sheet for the pilot plant scheduled for start-up in late March or early April," said Dr. Joseph Doninger, Director of Manufacturing and Technology for Focus Graphite.
The purpose of the pilot plant is to confirm the results from Phase II LCTs, produce graphite flake samples for customer evaluations and generate graphite raw materials for further upgrading.

Focus President and CEO Gary Economo said "These latest results continue to confirm Lac Knife's status as an exceptional flake graphite project.
"The very high carbon content of our fine (-200 mesh ) graphite flake could provide a low cost raw material that could be upgraded to the high purity carbon levels that lithium-ion battery manufacturers require.
"It supports our technology focus on the lithium-ion battery market for transportation and energy applications," Mr. Economo said. "It allows us to assign the much higher-priced large flake to other high-technology projects.
"Ultimately, it ends a misconception in the marketplace that only large flake graphite is suitable for battery-grade materials."

These results will also allow Focus to advance its discussions with potential customers, Mr. Economo said.

About SGS Metallurgical Services (Lakefield)

SGS Canada Inc. ("SGS") is recognized as a world leader in the development of flow sheets and pilot plant programs. SGS' Metallurgical Services division was founded over half a century ago. Its metallurgists, hydrometallurgists and chemical engineers are experienced in all the major physical and chemical separation processes utilized in the recovery of metals and minerals contained in resource properties around the world.

About Focus Graphite
Focus Graphite Inc. is an emerging mid-tier junior mining development company, a technology solutions supplier and a business innovator. Focus is the owner of the Lac Knife graphite deposit located in the Côte-Nord region of northeastern Québec. The Lac Knife project hosts a NI 43-101 compliant Measured and Indicated mineral resource of 4.972 Mt grading 15.7% carbon as crystalline graphite with an additional Inferred mineral resource of 3.000 Mt grading 15.6% crystalline graphite. Focus' goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. On October 29th, 2012 the Company released the results of a Preliminary Economic Analysis ("PEA") of the Lac Knife project which demonstrates that the project has robust economics* and excellent potential to become a profitable producer of graphite. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus invests in the development of graphene applications and patents through Grafoid Inc.

* Mineral resources that are not mineral reserves do not have demonstrated economic viability.
The information pertaining to the metallurgical test program completed by SGS that is presented in this news release has been reviewed and approved by Mr. Oliver Peters, M.Sc., P.Eng, MBA, SGS Canada Inc. Consulting Metallurgist.

This news release has been reviewed by Mr. Marc-Andre Bernier, M.Sc., P.Geo. (Ontario and Québec), Focus Graphite Director and Technical Advisor and a Qualified Person under NI 43-101.

Forward Looking Statements - Disclaimer
This news release may contain forward looking statements, being statements which are not historical facts, and discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. Important factors that could cause actual results to differ materially from the Company's expectations are in our documents filed from time to time with the TSX Venture Exchange and provincial securities regulators, most of which are available at www.sedar.com. Focus Graphite disclaims any intention or obligation to revise or update such statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information


Focus Graphite Inc.
Mr. Gary Economo
President and Chief Executive Officer
613-691-1091, ext. 101
geconomo@focusgraphite.com
www.focusgraphite.com

Tuesday, November 27, 2012

Focus Graphite Announces R&D Agreement Between Grafoid Inc. and Hydro-Quebec's IREQ for Next Generation LFP-Graphene Batteries

20 hours ago by Marketwire Focus Graphite Inc (TSX VENTURE: FMS)(OTCQX: FCSMF)(FRANKFURT: FKC) is pleased to announce that Grafoid Inc. - in which Focus Graphite holds a 40% ownership stake - has executed a three-year research and development agreement with Hydro-Quebec's Research Institute for the development of next generation rechargeable batteries using graphene with lithium iron phosphate materials.

Focus Graphite President and CEO Gary Economo, who holds the same position with Grafoid, announced the signing of the joint R&D agreement with Dr. Karim Zaghib, Director Storage and Conversion of Energy at Hydro-Quebec's research and development division, l'Institut de recherche d'Hydro-Quebec (IREQ).
The 50-50 collaborative agreement sets out terms with the objective of creating patentable inventions by combining graphene, supplied by Grafoid, with Hydro-Quebec's patented lithium iron phosphate technologies.

Two key, specific commercial target markets - the rechargeable automobile battery sectors and batteries for mobile electronic devices used in smartphones, computing tablets and laptop computers - were identified in the agreement. 

Hydro-Quebec will study Grafoid's graphene conductivity, electrochemical performance and its effects in electrode formulations, electrolyte and separator optimizations. Detailed characterizations of Grafoid's supplied materials will be undertaken at IREQ's cutting edge facilities using its advanced electron microscopy, spectrographic and other in-house technologies.

Hydro-Quebec will also supply lithium iron phosphate materials and its electrochemistry know how which it acquired under license from famed American inventor Dr. John Goodenough.

Grafoid, in addition to providing graphene materials, brings knowledge acquired during its own development of functionalized graphene and its experience in proving graphene's economic scalability.

"This agreement is noteworthy for numerous reasons," said Mr. Economo.

"This is our first major graphene collaboration with a Quebec and a Canadian global giant in renewable energy research and development. And the source of our graphene is Focus Graphite's Lac Knife, Quebec technology graphite deposit.

"Commercially, and ultimately, our technology development partnership with Hydro-Quebec aims to produce high capacity, LFP-graphene batteries with ultra short charging times and longer recyclable lifetimes," Mr. Economo said. 

He said the parties chose to focus their collaboration on LFP-graphene batteries and materials because of their short-term-to-market potential.

About Focus Graphite
Focus Graphite Inc. is an emerging mid-tier junior mining development company, a technology solutions supplier and a business innovator. Focus is the owner of the Lac Knife graphite deposit located in the Cote-Nord region of northeastern Quebec. The Lac Knife project hosts a NI 43-101 compliant Measured and Indicated mineral resource of 4.972 Mt grading 15.7% carbon as crystalline graphite with an additional Inferred mineral resource of 3.000 Mt grading 15.6% crystalline graphite Focus' goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. On October 29th, 2012 the Company released the results of a Preliminary Economic Analysis ("PEA") of the Lac Knife project which demonstrates that the project has robust economics and excellent potential to become a profitable producer of graphite. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus Graphite is also investing in the development of graphene applications and patents through Grafoid Inc.

About Grafoid Inc.
Grafoid, Inc. is a privately held Canadian corporation investing in graphene applications and economically scalable production processes for graphene and graphene derivatives from raw, unprocessed, graphite ore. Focus Graphite Inc., holds a 40% interest in Grafoid Inc.
 
About IREQ
Hydro-Quebec's research institute, IREQ, is a global leader in the development of advanced materials for battery manufacturing and creates leading edge processes from its state of the art facilities. IREQ holds more than 100 patent rights and has issued over 40 licenses for battery materials to some of the world's most successful battery manufacturers and materials suppliers. Its areas of expertise include energy storage and IREQ is a lead partner with private sector companies in Quebec to build EV and HEV charging stations in support of its technology developments. Its material development contributions are helping to develop safe, high-performance lithium ion batteries that can be charged more quickly and a greater number of times. IREQ promotes open innovation and partners with private firms, universities, government agencies and research centers in Quebec and abroad. Its partnerships allow IREQ to develop, industrialize and market technologies resulting from those innovation projects.
About Hydro-Quebec
Hydro-Quebec is Canada's largest electricity producer among the world's largest hydroelectric power producers and a public utility that generates, transmits and distributes electricity. Its sole shareholder is the Quebec government. It primarily exploits renewable generating options, in particular hydropower, and supports the development of wind energy through purchases from independent power producers. Its research institute, IREQ, conducts R&D in energy efficiency, energy storage and other energy-related fields. Hydro-Quebec invests more than $100 million per year in research.
Contacts:
Focus Graphite Inc.
Mr. Gary Economo
President and CEO
613-691-1091 ext. 101
geconomo@focusgraphite.com


SOURCE: Focus Graphite Inc.
mailto:geconomo@focusgraphite.com
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Monday, October 29, 2012

Graphene Market is the Focus for Focus Graphite

Focus Graphite Inc.Focus Graphite Inc.

TSX VENTURE : FMS
OTCQX : FCSMF
FRANKFURT : FKC

October 29, 2012 12:11 ET

Focus Graphite Announces Positive Preliminary Economic Assessment of Lac Knife Project



OTTAWA, ONTARIO--(Marketwire - Oct. 29, 2012) - Focus Graphite Inc. ("Focus" or the "Company") (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) announces positive results of the Preliminary Economic Assessment ("PEA") on its Lac Knife Graphite Project ("Lac Knife" or the "Project"). The PEA was prepared by Roscoe Postle Associates Inc. ("RPA"), in collaboration with Soutex Inc. ("Soutex" - responsible for metallurgy and mineral processing) and demonstrates that the Project has robust economics and excellent potential to become a profitable producer of graphite. Highlights of the PEA are summarized below:
Operational Highlights:
  • Proposed Life of Mine production of 6.0 million tonnes (Mt) of mill feed at a grade of 15.66% graphitic carbon (Cgr), based on the initial Mineral Resource estimate disclosed on January 19, 2012
  • Mine Life of 20 years, open pit operation at 300,000 tonnes per year
  • Processing through a sequence of crushing, grinding, flotation, magnetic separation, thickening and drying, producing a primary concentrate of graphite of various grades and flake sizes
  • Tailings directed through sulfide flotation circuit in order to minimize the volume of acid-generating residues and to enable proper management of both acid-generating tailings and waste rock within a unique disposal site
  • Average graphite recovery of 91.3% at Lac Knife process plant
  • Life of Mine production of 928,000 tonnes of concentrate at 92% Cgr on average at Lac Knife, or approximately 46,600 tonnes of concentrate per annum (tpa)
  • Thermal purification upgrade of approximately 40% of the primary concentrate to 99.99% Cgr by an existing producer with inherent purification losses of 15%
  • Life of Mine Project production of 868,000 tonnes of concentrate at 93.5% Cgr on average, including 338,000 tonnes of high purity 99.95% Cgr product
Financial Highlights:
  • Exchange rate US$1.00 = C$1.00
  • PEA economics for the Project calculated based on graphite market prices of $10,000, $1,300, and $800 per tonne of battery grade (>99.95% Cgr, +100 mesh), medium grade (>90% Cgr, -100+200 mesh) and fine grade (>80% Cgr, -200 mesh) respectively, on a FOB mine basis
  • $246 million pre-tax Net Present Value (NPV) (at a 10% discount rate)
  • 32% pre-tax Internal Rate of Return (IRR)
  • $926 million pre-tax undiscounted cash flow
  • $3.7 billion total net revenue
  • Pre-tax payback period of 2.8 years
  • $154 million initial capital cost, inclusive of $33 million and $24 million in working capital and contingency (25%), respectively
  • $68 per tonne average unit operating cost at Lac Knife
  • $435 per tonne average unit operating cost, assuming thermal purification on a contract basis
Note: This PEA is considered by RPA to meet the requirements of a Preliminary Economic Assessment as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101"). The economic analysis contained in the technical report is based, in part, on Inferred Resources (as defined in NI 43-101), and is preliminary in nature. Inferred Resources are considered too geologically speculative to have mining and economic considerations applied to them and to be categorized as Mineral Reserves (as defined in NI 43-101). Mineral resources that are not mineral reserves do not have demonstrated economic viability. There is no certainty that the reserves development, production, and economic forecasts on which the PEA is based will be realized.
Gary Economo, President and CEO of Focus Graphite, stated, "This is a great day for the Canadian graphite industry, our shareholders and the province of Québec. Lac Knife is a world-class resource and the publication of our Preliminary Economic Assessment confirms Focus has the potential to become one of the highest-grade lowest-cost producers of graphite in the world. We enter a new phase now, where we can expedite our financing, advance customer off-take agreements, and construction of our purification and anode facilities."

PEA SUMMARY
Project Location
The Project is located in the Côte-Nord administrative region of Québec. Fermont is the closest community and is located 27 km north-north east of the Project. Road distance from Montreal to Lac Knife is approximately 1,300 km and by all-season highway 389, it is 500 km from Baie-Comeau to Fermont. The municipalities of Wabush and Labrador City, in Newfoundland and Labrador are located 30 km from Fermont, and Wabush is home to a commercial airport with regular flights to Sept-Iles, Québec, and Montréal.

Geology and Mineral Resources
The Project hosts graphite enriched metasediments. Graphite occurs as lenses and bands. Currently, graphite rich rocks have been identified from drilling undertaken in 1989 and more recently in 2010-2011 with 12 drill holes aimed at twining the older holes with the objective of confirming the 1989 grade and lithology information. The mineralized zone extends approximately 650 m in length and 120 m in thickness. Mineralization reaches the surface under a layer of overburden. Mineralization is intersected at depths reaching 110 m. There is potential for the delineation of additional Mineral Resources at greater depth and along strike to the south.

On January 19, 2012, Focus released an initial NI 43-101 compliant Mineral Resource estimate in a Technical Report. RPA reviewed and accepted the current Mineral Resources and has declared them adequate to support the current PEA with one modification to the Mineral Resource classification. RPA elected not to classify any Mineral Resources as Measured and, as a consequence, converted the January 2012 Measured Mineral Resources to the Indicated category. The Mineral Resources are presented in the table below.
MINERAL RESOURCE ESTIMATE
Category Tonnage
(tonnes)
Grade
(% Cgr)
Indicated 4,938,000 15.76
Inferred 3,000,000 15.58
Notes:
1. CIM definitions were followed for Mineral Resources.
2. Mineral Resources are estimated at a cut-off grade of 5% Cgr.
3. Numbers may not add due to rounding.
4. Cgr - graphitic carbon
Mining
Mining will be carried out using conventional truck and loader open pit mining methods. Life of Mine strip ratio averages 1.12:1. An owner-operated mining fleet is proposed over the life of the operation. Pre-stripping of overburden is required prior to commencement of mining operations.
Highlights of the production schedule are as follows:
  • A short ramp-up to full production with 270,000 tonnes produced in Year 1
  • Production of 300,000 tpa, or 822 tpd
  • Waste mining averaging 335,000 tpa
Production quantities total 6.0 Mt, at a grade of 15.66% Cgr. This includes mining extraction and dilution (at zero grade) factors applied to the potentially mineable graphite-bearing material.

Processing and Recovery
The selected process consists of crushing followed by a grinding and flotation separation circuit. The resulting concentrate is then thickened, dried and stored. The tailings generated by the concentration process passes through flotation cells to separate acid-generating tailings from clean non-acid tailings.
The PEA forecasted concentrate production is approximately 46,600 tpa with a tailings production expected at approximately 253,400 tpa. This is based on a concentrate average grade of 92% Cgr and a recovery of 91.3% derived from testwork results conducted by SGS Canada Inc. (SGS). Although laboratory and locked cycle tests were performed with a slightly higher potentially mineable ore grade than estimated, no significant impact is expected on the anticipated recovery.

Tailings, Waste Rock and Water Management
One of the challenges for the Project is the management of acid-generating materials. The graphite-bearing mineralization, the waste rock and the tailings showed acid-generating potential. Therefore, the mine water and the ore storage run-off water will likely be acidic. The global program to manage this issue will comprise the following:
  • Subaqueous co-disposition of acidic tailings and waste rock into a unique storage site: the tailings and waste rock storage facility (TSF).
  • Sulfide flotation to reduce the proportion of acidic tailings to 30% of the total volume.
  • Tailings managed in two separate streams.
  • Use of the 70% non-acidic alkaline tailings as inert material for encapsulation of acid-generating tailings and waste rock within the TSF.
  • Water treatment plant and polishing pond for pH neutralisation, metals precipitation, and sedimentation.
  • Water management to direct all industrial sourced waters through the water treatment plant and/or the polishing pond as required.
Thermal Purification
The Project considers the thermal purification of approximately 40% of the concentrate produced at the Lac Knife process plant. This portion of the primary concentrate production meets the specifications (+100 mesh, >95% Cgr) for purification to 99.99% Cgr. Graphite concentrate of this purity is used in battery production and other applications at high prices. It has been assumed that the thermal purification would be done under contract by an existing producer, with related losses of approximately 15%.

Revenue
Focus has initiated contacts with several major graphite consuming groups in North America, Europe and Asia. Marketing efforts have been targeted to high value end users requiring superior quality product in terms of product purity and flake size. Potential customers have provided Focus with product quality requirements and projected annual demand. RPA has reviewed these expressions of interest and is satisfied that there are sufficient indications of demand to support the projected PEA production forecast. To date, Focus has identified the following major product opportunities:
  • Ultra high purity thermo processed battery grade product based on large flake, high purity concentrate
  • Medium to fine flake graphite concentrate, -100+200 mesh, +90% graphitic carbon concentrate
  • Fine flake concentrate, -200 mesh, +80% graphitic carbon concentrate
Production quantities for each major grade category are based on the lock-cycle concentrate production test results and test recovery results from proprietary thermal purification processing of the high grade primary concentrate. Projected overall product volumes and product qualities are detailed in the following table.

PROJECTED PRODUCT MIX
Grade Tonnes (maximum annual) (1) Product Characteristics
Battery Grade 16,900 (2) >99.95% Cgr, +100 mesh
Medium Grade 11,200 >90% Cgr, -100+200 mesh
Fine Grade 15,500 >80% Cgr, -200 mesh
Total 43,600
Notes: (1) totals are rounded
(2) inclusive of conversion recovery factor from 19,900 t of primary concentrate
Current published prices for the Project's major graphite product opportunities are detailed as follows.
Grade Basis Units Price Range
Synthetic, 99.95%C, Swiss Swiss border US$/kg 20 - 7
Crystalline, 90%C, -100 mesh FCL, CIF European port US$/t 1,400 - 1,100
Amorphous powder, 80%-85%C, Chinese FCL, CIF European port US$/t 800 - 600
Source: Industrial Minerals, September 2012
Freight and insurance costs are projected to be approximately $63/t for product sold to customers in the United States, $200/t for deliveries to Europe and $428/t for deliveries to Asia. RPA has reviewed various price scenarios and has assumed the following price in the economic analysis:
  • Battery Grade $10,000/t FOB mine - $9,572/t CIF equivalent
  • Medium Grade $1,300/t FOB mine - $1,237/t CIF equivalent
  • Fine Grade $800/t FOB mine - $600/t CIF equivalent
The price set used in the PEA averages $4,196 per tonne of graphite concentrates FOB mine prior any deductions for marketing, freight and insurance; or 16,900 tpa at $9,572/t (purification losses considered) and 26,700 tpa at $867/t on average, CIF considered.

RPA considers these graphite prices to be appropriate for a PEA-level study. It is noted that the processing for the Battery Grade product, which accounts for some 86% of LOM revenue, is based on an expression of interest by a producer and is by no means a certainty, however, RPA considers the assumption to be reasonable for a PEA.

Total net revenue is $3.7 billion, averaging $185 million per year. On a unit basis, net revenue is $615 per tonne milled.

Capital Costs
The estimated initial capital cost has been developed to include all mining, processing, infrastructure, tailings and indirect capital costs. The capital cost estimate includes a contingency of $24 million (25% of direct and indirect capital costs) and is summarized in the table below.

INITIAL CAPITAL COST ESTIMATE
Capital Cost Item Cost
($ million)
Surface Infrastructure 18.7
Mining (incl. pre-stripping overburden/waste) 11.2
Processing 36.4
Tailings / Waste Rock & Water Treatment 3.1
EPCM 9.7
Indirect/Owner's 16.7
Warehouse Inventory 0.9
Contingency (25%) 24.2
Working Capital (3-month opex) 32.6
 Total Initial Capital Cost 153.5
Sustaining capital, totalling $25 million consists of mine, process, and infrastructure equipment replacement, tailings and waste rock storage facility expansion, progressive environmental rehabilitation, and mine closure costs.
Operating Cost
The Life of Mine operating costs have been estimated for mining, stockpile re-handling, processing, tailings and water treatment, and general and administration. The operating costs are summarized in the following table.
OPERATING COST ESTIMATE
Operating Costs Item Cost
($/t milled)
Mining / Re-handling 15
Processing / Tailings and Water Treatment 41
General and Administration 12
Total Operating Costs 68
In addition, the unit cost for thermal purification under contract was derived from a budget quote by an existing producer and considered the approximate 15% losses during the purification process. This cost equates to $367 per tonne milled, therefore bringing the overall operating cost to $435 per tonne milled.
Preliminary Economic Assessment
Financial evaluation of the Project was carried out using a cash flow model, on a pre-tax basis. Estimates are based on constant 2012 dollar basis, with no provision for escalation. Results are provided in the following table.
PEA FINANCIAL RESULTS
Value
($ million)
Gross Revenue 3,894
Marketing and CIF 225
Net Revenue 3,669
Total Operating Cost 2,597
Operating Cash Flow 1,072
Initial Capital Cost 154
Working Capital Recovery (33)
Sustaining Capital 21
Mine Closure 4
Pre-Tax Cash Flow 926
Net Present Value
8% discount rate 316
10% discount rate 246
12% discount rate 192
Pre-Tax IRR 32.1%
Payback Period 2.8 years
NPV Sensitivity Analysis
Key economic risks were examined by running cash flow sensitivities on:
  • head grade;
  • recovery;
  • graphite market price;
  • operating cost per tonne milled; and
  • capital cost
The pre-tax NPV (at 10%) sensitivity analysis has been calculated for -20% to +20% variations on the above items, with the exception of recovery which has been calculated for -20% to +5%. There is minimal to no effect on NPV when the head grade and recovery factors are adjusted above 0% because of the Project market ceiling on graphite concentrate sales. The NPV sensitivity is shown in the following graph.
NPV (10%) Sensitivity Chart is available at the following link : http://media3.marketwire.com/docs/NPV_Sensivity_Chart.pdf

The technical and economic information relating to the PEA contained in this press release has been reviewed and approved by Marc Lavigne, M.Sc., ing., Senior Mining Engineer for RPA, Robert de l'Étoile, M.Sc.A., ing., Principal Geological Engineer for RPA, and Pierre Roy, M.Sc., P.Eng., ing., Senior Metallurgist Specialist for Soutex, all independent qualified persons under NI 43-101. The technical report will be filed on SEDAR on or before October 31, 2012.

Other News - Bi-Weekly Default Status Report
As previously reported, the Company is presently in default because of its failure to file the PEA and supporting technical report (the "Technical Report") under NI 43-101 and will continue to be in default until such time as it files the required report on the Project.

In compliance with the alternative information guidelines set out in National Policy 12-203 - Cease Trade Orders for Continuous Disclosure Defaults ("NP 12-203") for issuers who have failed to comply with a specified continuous disclosure requirement within the times prescribed by applicable securities laws, Focus issued today a default status report by way of present press release confirming the Company's objective to file the PEA and Technical Report at the latest on October 31, 2012.
Until Focus completes the filing of the PEA and Technical Report, and until the Management Cease Trade Order ("MCTO") is subsequently lifted by the Ontario Securities Commission (the "OSC"), Focus will comply with the alternative information guidelines set out in NP 12-203. The guidelines, among other things, require the Company to issue bi-weekly default status reports by way of a news release so long as the PEA and Technical Report have not been filed.
The Company reports that since its original announcement on September 10, 2012 in respect of the notice of default received from the OSC and its subsequent announcement on September 25, 2012 relating to the issuance of the MCTO (collectively, the "Notice"), with the exception of the Company's announcement today of the PEA results, there has not been any other material changes to the information provided in the Notice nor any failure by the Company in fulfilling its stated intentions with respect to satisfying the alternative information guidelines required pursuant to NP 12-203. In addition, there has not been any other specified default by the Company under NP 12-203, nor are any anticipated and there is no other material information concerning the affairs of the Company that has not been generally disclosed.
This press release has been reviewed and approved by Marc-André Bernier, M.Sc., P.Geo. (Ontario and Québec), Technical Advisor and a Director of Focus, and a Qualified Person under NI 43-101.

About Focus Graphite
Graphene ...Graphene ...Focus Graphite Inc. is an emerging mid-tier junior mining development company, a technology solutions supplier and a business innovator. It is the owner of the NI 43-101 compliant Lac Knife graphite deposit grading 16% carbon as graphite. The company's goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus Graphite is investing in the development of graphene applications and patents through Grafoid Inc.

(See: Why Graphene won scientists the Nobel Prize! )

Forward Looking Statements - Disclaimer
This news release may contain forward looking statements, being statements which are not historical facts, and discussions of future plans and objectives. There can be no assurance that such statements will prove accurate. Such statements are necessarily based upon a number of estimates and assumptions that are subject to numerous risks and uncertainties that could cause actual results and future events to differ materially from those anticipated or projected. Important factors that could cause actual results to differ materially from the Company's expectations are in our documents filed from time to time with the TSX Venture Exchange and provincial securities regulators, most of which are available at www.sedar.com Focus Graphite disclaims any intention or obligation to revise or update such statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Contact Information


Mr. Gary Economo
President and Chief Executive Officer
613-691-1091, ext. 101
geconomo@focusgraphite.com
www.focusgraphite.com
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