Mining & Metals
Focus Graphite Files Updated Mineral Resource Estimate on SEDAR+
Focus Graphite (FMS.V) reported an updated mineral resource estimate for its Lac Tetepisca project in Quebec and filed the supporting technical report on SEDAR+.The MRE includes 120.2 million tonnes of indicated resource at 10.27% graphitic carbon and 24.1 Mt of inferred resource at 9.88% Cg, containing an estimated 14.7 Mt of in-situ graphite, the Canadian graphite developer said on Monday.Focus will now proceed to the next phase of technical development at Lac Tetepisca to support advancement toward a preliminary economic assessment.The update does not contain material changes from the report released on May 7.
$FMS.V