Focus Graphite Conducts PEA

Financial Post reported Focus Graphite Inc (TSX:FMS) will conduct a preliminary economic assessment of its Lac Knife graphite project.

As quoted in the market news:

The PEA forecasts a mine life of 20 years with overall production of six million tonnes of mill feed grading 15.66% Cgr (carbon in graphite or graphitic carbon) with average graphite recovery of 91.3%. Life-of-mine production of 92% Cgr will be 928,000 tonnes at $435 per tonne. Thermal purification will enable the upgrade of approximately 40% of primary concentrate to 99.99% Cgr with inherent purification losses of 15%.

Click here to read the full Financial Post report.