Agoracom Blog

Graphite Express Toronto Preview – Focus Metals

Posted by AGORACOM at 8:20 AM on Wednesday, May 2nd, 2012

In advance of today’s Graphite Express Conference In Toronto (which we are a proudly sponsoring), we’re happy to provide you with the following concise overview of presenting company Focus Metals.    Focus Metals is a sponsor of our site.  The  following summary is provided courtesy of this Financial Post article, written by Resource Clips.

Focus Metals’ (TSXV:FMS) Lac Knife Project in northeast Quebec has “the highest-grade graphite deposit in the world,” according to President/CEO Gary Economo. The company plans to finish its PEA in 2Q this year and, on completing permitting, begin open-pit mine construction. “We won’t need a feasibility study because we’ll have offtake agreements, and we have our financing already pretty well defined,” Economo explains. Metallurgical tests announced April 11 show the deposit holds 46.1% large flake (+48 mesh to +100 mesh) and 39% medium flake (+150 mesh to +200 mesh) with an overall global recovery test rate of 85.9%. Focus projects mine production of 20,000 tonnes per annum grading 95% C in late 2013, rising to 23,000 tpa grading 99.9% in 2014.

 Focus has a 40% interest in Grafoid Inc, a company dedicated to producing graphene using ore from Lac Knife. Focus also holds a 50% interest in the Kwyjibo Polymetallic Property in northeast Quebec.

For a more in-depth overview of Focus Metals, please go to Focus Metals Profile On AGORACOM


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