Focus Graphite Reports High Grade Drilling Results from its Lac Tetepisca Project

OTTAWA, ONTARIO–(Marketwired – Aug. 17, 2016) – Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) is pleased to announce the results obtained from the 2014 core drilling program at its wholly owned Lac Tétépisca graphite project (“the Project”) located southwest of the Manicouagan reservoir in the Côte-Nord administrative region of north-eastern Québec.
Highlights:

• In 2014, 16 HQ-diameter holes were drilled along four fences, spaced 200 m apart, and covering a 600 m strike length section of a 1.5-km long electromagnetic (EM) conductor mapped by a combined magnetic (MAG)-EM ground geophysical survey conducted over the “Manicouagan Ouest graphitic corridor”. Eleven (11) holes intersected significant graphitic mineralisation (Table 1*).
• The 2014 drill holes were loaded into Gemcom™ software and the three dimensional mineralised envelope has an azimuth of 210 degrees and dips at -40 degrees. The conversion factor for true width is 0.99 of the core length thickness. The thicknesses reported for the best intersection in the news release have been changed, however Table 1 lengths are core length thicknesses.
• Best intersection: Hole LT-14-04, drilled at -45 degrees to a depth of 144 m, intersected 103.9 m grading 10.25% Graphitic Carbon (Cg¹) including:
  • 22.4 m grading 17.3 % Cg (from 36.8 m to 59.2 m); and
  • 20.0 m grading 13.9 % Cg (from 89.5 m to 109.5 m)
• The 2014 drilling identified a significant graphitic zone 60 to 100 m wide that extends down to these intersections at depth and within the main kilometric geophysical MAG-EM anomaly known as the “Manicouagan-Ouest Graphitic Corridor”. A secondary graphitic zone is located 10 m to the northwest of the main zone and is 6-12 m wide.

The 600 m-long Lac Tétépisca graphitic corridor discovered by Focus in 2012 and held within the kilometric-scale MAG-EM anomaly mapped in 2014 now has significant measured drill core graphitic intercepts down to approximately 100 m depth. The encouraging initial drilling results at Lac Tétépisca further indicate that there is potential for a new large volume-high grade graphite deposit in the South Manicouagan reservoir area. In particular, interest for this type of deposit could come from the future graphite-based plastic polymer industry.
“We are extremely encouraged by these initial drilling results as they open the door to a potentially important sister resource to our flagship natural flake graphite deposit at Lac Knife, Québec; this is significant given our recent technological capabilities in purifying Lac Knife’s fine flake graphite to a 99.99% carbon battery grade materials (refer to Focus news release dated August 8, 2016 available at www.focusgraphite.com and at www.sedar.com)”; said Focus Graphite President and CEO Gary Economo.
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