Focus Graphite Releases Channel Sampling Results from Lac Tetepisca Nord Project, Quebec

OTTAWA, ONTARIO–(Marketwired – Aug. 24, 2016) – Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) is pleased to announce the results of a trenching program conducted in 2014 at its wholly owned Lac Tétépisca Nord graphite project (“the Project”) located southwest of the Manicouagan reservoir in the Côte-Nord administrative region of north-eastern Québec. Although the trenching and channel sampling work was carried out in 2014, the samples were only prepared and assayed in the spring of 2016, as the completion of the Lac Knife mineral project feasibility study was the Company’s main priority at that time.
Highlights

• A single 86.8 m long trench was excavated at the Project in September 2014. Trench No. TN-TR-01 was positioned perpendicular to the trend of a 2.4 km long by 80 m wide magnetic (MAG) – electromagnetic (EM) anomaly identified by ground geophysical surveys conducted in August 2014;
• Best channel section: Trench No. TN-TR-01 intersected 67.2 m¹ grading 6.75% graphitic carbon (Cg²) (from 19.6 to 86.8 m),including:
  •  24.5 m grading 11.72% Cg (from 19.6 to 44.1 m)
• The initial channel sampling results indicate the potential for a second new significant graphitic corridor in the southwest Manicouagan reservoir area, in addition to the Company’s “Manicouagan-Ouest Graphitic Corridor” at its nearby Lac Tétépisca project (refer to Focus news release dated August 17, 2016 available at www.focusgraphite.com and at www.sedar.com)

A maiden core drilling campaign was designed to test the subsurface graphite mineralization in areas with the strongest MAG-EM response down to a vertical depth of approximately 100 m. The drilling campaign started on the Project on August 8^th, a total of 6 HQ-size drill holes were drilled and the campaign ended on August 15^th, for a total of 786 m. This drilling will also provide mineralized samples for initial metallurgical testing.
“We are highly encouraged by the initial channel sampling results at Lac Tétépisca Nord, our second significant graphite discovery in the southwest Manicouagan reservoir area in addition to the “Manicouagan-Ouest Graphitic Corridor” at our Lac Tétépisca project. This represents Focus’s third potential source of natural flake graphite for future customer needs.” said Focus Graphite President and CEO Gary Economo.
“We believe the first round of drilling currently underway at Lac Tétépisca Nord will confirm the subsurface extensions of the graphitic zone at depth and along strike of the 2.4 km long ground MAG-EM anomaly and support a much larger opportunity than what is visible from the mineralized surface channel samples.”
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