Focus Graphite Appoints Mr. Benoit Lafrance Vice-President, Exploration
OTTAWA – January 7, 2013 – Mr. Gary Economo, President and CEO, Focus Graphite Inc., (TSX-V:FMS; OTCQX:FCSMF; FSE: FKC) is pleased to announce the appointment of Mr. Benoit Lafrance, P.Geo, Ph.D., as Vice-President, Exploration. Mr. Lafrance’s appointment is effective immediately.
“Mr. Lafrance’s addition to Focus Graphite’s management, particularly his experience in mineral exploration as well as his strong academic background in metallogenic studies brings additional strength to our core management team to develop new projects and evaluate future domestic and international opportunities with a view to increasing shareholder value,” Mr. Economo said.
Mr. Lafrance replaces Mr. Tony Brisson who resigned to pursue other interests.
Mr. Lafrance assumes his responsibilities with Focus Graphite after serving three years as scientific researcher for CONSOREM, an applied research group for mineral exploration. His previous experience includes four years with Cogitore Resources Inc. as senior geologist and five years with the Quebec Government geological survey.
Mr. Lafrance, a Chicoutimi, Québec-based geologist holds a Ph.D. degree in Mineral Resources Studies from the Université du Quebec à Chicoutimi.
About Focus Graphite
Focus Graphite Inc. is an emerging mid-tier junior mining development company, a technology solutions supplier and a business innovator. Focus is the owner of the Lac Knife graphite deposit located in the Côte-Nord region of northeastern Québec. The Lac Knife project hosts a NI 43-101 compliant Measured and Indicated mineral resource of 4.972 Mt grading 15.7% carbon as crystalline graphite with an additional Inferred mineral resource of 3.000 Mt grading 15.6% crystalline graphite. Focus’ goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. On October 29th, 2012 the Company released the results of a Preliminary Economic Analysis (“PEA”) of the Lac Knife project which demonstrates that the project has robust economics and excellent potential to become a profitable producer of graphite. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus Graphite is also investing in the development of graphene applications and patents through Grafoid Inc.
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This News Release may contain or refer to “forward-looking statements” which reflect Management’s expectations regarding the Company’s future growth, results of operations, performance and business prospects and opportunities.
These statements reflectManagement’s current beliefs at the time of this news release and are based on information currently available to Management.
All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of the Company, are forward-looking statements that involve various risks and uncertainties.
There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Management’s expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators.
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