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Focus Graphite Inc V.FMS.WT


Primary Symbol: V.FMS Alternate Symbol(s):  FCSMF

Focus Graphite Inc. is a Canada-based advanced exploration company. The Company is engaged in the exploration and development of deposits of flake graphite located in Quebec, Canada. Its projects are Lac Knife and Lac Tetepisca projects. Lac Knife project is a high-grade crystalline flake graphite deposit located in northeastern Quebec, approximately 27 kilometers (km) south of Fermont. The property consists of approximately 57 mining claims covering 29,863 hectares. Lac Tetepisca project comprises two properties, Lac Tetepisca and Lac Tetepisca Nord. These properties are located in the Southwest Manicouagan reservoir area of the Cote-Nord region of Quebec, approximately 234 km north-northwest of the city of Baie-Comeau, an industrial city located where the Manicouagan River intersects the north shore of St. Lawrence River in the Cote-Nord, Quebec. Its properties form a block of approximately 115 claims, covering 6,000 hectares within the Manicouagan-Ouest Graphitic Corridor.


TSXV:FMS - Post by User

Post by youknowwhaton Nov 24, 2021 8:33pm
343 Views
Post# 34163830

Steve

SteveWith all due respect the 97.8% is the purity of the grahite and this is good but needs to be purified to 99.9% area.

The grade of Lac Knife is approx. (from my memmory) 14%t to 16% in situ.

The price is determined by flake size plus purity.The larger the flake size the more valuable.

You should go read FMS NI 43-101 and that will help you undertand some basic mining terms when it comes to graphite.
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