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Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) announced the final assay results from the summer 2012 reconnaissance exploration program on its Lac Guinécourt graphite property in Québec. Lac Guinécourt is located 17 km to the South of Mason Graphite’s Lac Guéret graphite deposit, which hosts a NI 43-101 compliant Measured and Indicated mineral resource of 7.6 Mt grading 20.40% Cgr. Highlights include assays ranging from 6.36% to a high of 45.90% Cgr.
As quoted in the press release:
A total of 32 grab samples were collected from historical and new graphite-bearing outcrops related to the Graphi-Centre showing area. Twenty-one (21) of the samples returned high-grade graphitic carbon (Cgr*) assays ranging from 6.36% to a high of 45.90% Cgr (high-grade assays are defined as greater than 5% Cgr; Table 1).
Focus Graphite Inc. President and CEO, Gary Economo, said:
Our preliminary exploration results at the Lac Guinécourt property indicate potential for significant economic-grade graphite mineralization. The high-grade graphite grades recorded at Lac Guinécourt together with the excellent results on our near-by Lac Tétépisca project place Focus in a very good position to discover the next economic-grade graphite deposit after Lac Guéret. The Lac Guinécourt mineralization grades compare favorably to those of our Lac Knife deposit. We will be planning a comprehensive follow-up exploration program for Lac Guinecourt in 2013 in order to confirm the full extension and thickness of the graphitic mineralization following the defined linear HLEM anomalies.
Click here to read the Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) press release
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