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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, which is focused on developing high grade flake graphite deposits to supply battery grade graphite. The Company's projects include Lac Knife and Lac Tetepisca. Its flagship Lac Knife Project is a 100% owned, high-grade crystalline flake graphite deposit located in northeastern Quebec, about 27 kilometers (kms) south of Fermont. The Lac Knife project is comprised of the Lac Knife property plus an isolated block of 12 CDC claims located 11 kms to the north of the Lac Knife property on NTS sheet 23B-11 (Montagne-aux-Bouleaux property). Its 100%-owned Lac Tetepisca Graphite Project is located in the Southwest Manicouagan reservoir area of the Cote-Nord region of Quebec, one of North America's leading emerging flake graphite districts. It comprises two contiguous properties, Lac Tetepisca and Lac Tetepisca Nord. Together, the two properties form a block of approximately 126 map-designated claims (total area: 6,785.14 ha).


TSXV:FMS - Post by User

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Post by Panison Jul 09, 2013 4:35pm
336 Views
Post# 21597349

News

NewsAND GOOD!

Focus Graphite Reports Final Locked Cycle Test Results From Lac Knife: Global Concentrate Grade of 96.4% C; 92.5% Flake Recovery and 35% to 58% Yield of Large High-Purity Flakes (+ 80 mesh)

 

OTTAWA, ONTARIO--(Marketwired - July 9, 2013) - Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Corporation") is pleased to report that the final Phase II Locked Cycle Test* (LCT) metallurgical results performed at SGS Canada Inc., in Lakefield, Ontario, continue to confirm an average concentrate grade of 96.4% Cand a high average flake graphite recovery of 92.5% for its Lac Knife high-grade graphite deposit located near Fermont, Québec.

SGS Canada Inc. ("SGS") has completed all six (6) Phase II locked cycle tests (LCTs) on composite core samples comprised of low-grade, semi-massive, and massive graphite mineralization with a head grade ranging between 6.0% C and 25.0% C.

Highlights of these test results are as follows:

  • The carbon content of graphite concentrates produced from the six (6) composites averaged 96.4% C, including the finest graphite flake concentrate (-200 mesh) produced. This is a 4.4% increase over Phase I LCTs completed in mid-2012.
  • The average graphite flake recovery for the overall deposit following the final Phase II LCT's increased to 92.5% which confirms the previous four (4) tests and increases the recovery by 0.3% from the previous results.
  • The proportion of large flakes (+80 mesh) recovered from the low grade, semi massive, and massive types of mineralization (total: six (6) graphite concentrate samples) ranges between 35% and 58%;
  • The Phase II LCT program produced consistent results for all of the composite samples that were tested representing the mineralization types, which confirms the suitability of the proposed concentrator flow sheet to process these different types of mineralization within the Lac Knife deposit, namely the low-grade, semi-massive, and massive graphite mineralization;
  • A series of comminution tests generally characterized the seven (7) composite samples (six (6) mineralization and one (1) waste host rock) that represent the deposit, to require a low consumption of energy per tonne processed (kWhr/t). Further testing will establish this more precisely which will be favourable for the crushing and grinding circuit design and operational costs per tonne;
  • Detailed chemical analysis of the final concentrates did not identify any impurities that are normally considered deleterious.
  • In addition, a LCT was completed on a composite sample of the deposit's host rock grading 1% C. The concentrate grade obtained was also very good at 96%C with a flake graphite recovery of 94.5%. These results suggest that mining dilution wouldnot impact the recovery nor the final concentrate grade and quality in a negative way;

* A locked cycle test is a repetitive batch flotation test conducted to assess concentrator flow sheet design. It is the preferred method for arriving at a metallurgical projection from laboratory testing. The final cycles of the test are designed to simulate a continuous, stable flotation circuit.

"These metallurgical test results were incorporated into the flow sheet design for the pilot plant tests that were completed in early May. The final pilot plant results are now pending and we hope to communicate this soon." said Dr. Joseph Doninger, Director of Manufacturing and Technology for Focus Graphite.

The purpose of the pilot plant is to confirm the results obtained following the LCT test program and also to produce marketing samples of graphite flake for end user evaluations and generate graphite raw materials for second transformation testing. Pilot plant test results are pending.

Focus President and CEO Gary Economo said: "These latest results continue to confirm that Lac Knife is an exceptional flake graphite deposit. These increased recovery levels are resulting in a very high carbon content for all of the concentrates produced, even for the finest (-200 mesh) graphite flake concentrate which could provide a low cost raw material that can potentially be upgraded further to meet the specification limits of high purity carbon that the lithium-ion battery manufacturers require. This will further our discussions with potential end users for off-take agreementsIt supports our focus on the lithium-ion battery market for high technology transportation and energy applications which is an objective of the Quebec Government. This will also allow us to use the much higher-priced large graphite flakes for other high-technology applications."

All carbon analyses were performed by SGS and are reported as total carbon (C). The analytical methods that were used to determine the metallurgical results on the final concentrates included double loss on ignition analysis (double LOI) and total carbon analysis by Leco. The lower grade tailings products were analyzed by the graphitic carbon method to discount the organic carbon and carbonate carbon in the samples.


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