Kwyjibo – REE (Rare Earth Elements) & Copper Project
Focus Graphite’s Kwyjibo, Quebec, rare earth elements (REE) and copper advanced exploration project being developed in partnership with Soquem, the Quebec Government’s commercial mining corporation, is on a fast-track for development.
The property, located some 10 kilometers north of Lac Manitou, was designated by the Quebec government in 2010 as a priority economic development target. It sits in one of the province’s historically-rich iron ore, copper and gold (IOCG) mineralized zones.
Discovered during the early 1990s, Focus Graphite’s 2010 summer drilling program produced significant initial results for rare earths, primarily neodymium – a critical alloy in super-strength magnets used in hybrid and electric vehicle motors, representing about 20% of total rare earth oxides.
Some 400 historical samples collected during the early 1990s – which had been warehoused for a generation – were assayed in early 2011 and confirmed the REE content dominated by neodymium.
Additionally, test drilling at a new copper discovery last year on the site’s westernmost sector were expanded in 2011. Results should be available in early 2012.
Our partnership agreement permits Focus Graphite to earn a 50% interest over a two-year exploration and discovery period.
Combined with our Lac Knife graphite project, Focus Graphite Inc. is well positioned to meet future demand with two sources of strategic/critical minerals. Our Ungava- Labrador Trough property is yet to be defined.
Other Focus Graphite Projects