Lac Knife – Graphite Project
Focus Graphite Inc. holds 100% ownership of its Lac Knife, Quebec, 16% carbon grade medium and large flake crystalline graphite.
The graphite property at Lac Knife, some 27 kilometers south of Fermont, Quebec, is at the pre-development stage.
Our Lac Knife graphite property has a proven history. Nearly developed in the early 2000’s in a joint venture between Graftech International and Ballard Power Systems, previous resource calculation studies were recast to NI 43-101 standards and announced in December 2011.
The Lac Knife graphite property is unique in the world because of its cost-mitigating, high concentration of large, medium and small flake graphite destined to meet rising global demand from both industrial and high technology end users. The technical report on the Lac Knife Graphite Project provides additional detail.
A 16% carbon content means Focus Graphite will have the most competitively priced technology graphite in the world.
Development discussions are planned with Focus Graphite’s potential financial backers, production joint venture partners, global distributors and the Province of Quebec for future approvals for upgrading road and rail, power, etc.
Equally, discussions with local Innu councils are centered on Focus Graphite’s commitment to its own high standards for corporate social responsibility, job creation and environmental protection.
As our first-to-production, first-to-market project, Lac Knife provides Focus Graphite Inc. and its partners – its stakeholders – with a foundation for growth, expansion, re-investment and a potentially robust long-term return on investment.
Drilling completed in 2011 confirmed, measured and indicated resource estimate of 4.9m tonnes and inferred resource of 3.0m tonnes. All zones remain open in all directions and further drilling will be undertaken in 2012 to expand the resource and upgrade the inferred resource to indicated resource.
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