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Focus Graphite Inc. (TSXV:FMS) announced its Fall 2012 core drill program results. The program, carried out at the the Kwyjibo Polymetallic Iron-Rare Earth Elements-Copper (Fe-REE-Cu) Property, confirmed thicknesses and continuity of Iron, Rare Earths and Copper mineralization. These results will be followed up with further drilling in 2013.
Highlights include:
- Hole 10885-12-62: 2.26 % TREO* and 0.3 % Cu over 43.2 m** (from 28.0 to 71.2 m) in massive iron formation, including a high grade sub-interval of 5.08 % TREO* and 0.2 % Cu over 5.0 m** (from 41.0 to and 46.0 m).
- Hole 10885-12-68: 2.56 % TREO* and 0.21 % Cu over 40.15 m** (from 71.35 m to 111.5 m) in the massive iron formation, including a high grade sub-interval of 5.10 % TREO* and 0.25 % Cu over 8.0 m** (from 81.0 to 89.0 m).
- Hole 10885-12-71: 3.29 % TREO* and 0.25 % Cu over 30.0 m** (from 144.0 to 174.0 m) in massive iron formation, including a high grade sub-interval of 4.29 % TREO* and 0.33 % Cu over 15.0 m** (from 151.0 m to 166.0 m).
Focus Graphite, President and CEO, Gary Economo, commented:
These latest drilling results from our Kwyjibo project confirm the grades, thicknesses and continuity of the Fe-REE-Cu mineralization at the Josette Horizon over a total strike length of 600 m and to a depth of 175 m. Moreover the new drill results again demonstrate the high content of critical rare earth elements (in particular Nd and Y) of the mineralization at Josette with REOc*** ratios for the significant drill intersections ranging from 36 % to 43 %”.
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