Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) announced results from its summer 2013 infill drilling program on Lac Knife, aimed at upgrading the current Inferred and Indicated mineral resource to the Measured and Indicated mineral resources categories. Hole LK-13-187 drilled on Line 500 S returned one of the best graphitic carbon intersections: 67.8 m grading 21.10 % Cgr (from 17.4 to 85.2 m).
As quoted in the press release:
Hole LK-13-187 drilled on Line 500 S targeted the western zone of the south part of the deposit and returned one of the best graphitic carbon (Cgr) intersections of the program:
- Hole LK-13-187: 67.8 m grading 21.10 % Cgr (from 17.4 to 85.2 m)
All the drill holes (except LK-13-203) intercepted significant graphite intersections* along the strike length of the deposit as evidenced by the following holes from different parts of the deposit:
- Hole LK-13-209 drilled on section 425 S in central part of the deposit: 7.2 m grading 27.03% Cgr (from 21.5 to 28.7 m) and 25.3 m grading 30.94 % Cgr (from 38.2 to 63.5 m)
- Hole LK-13-201 drilled on section 250 S in northern part of the deposit: 34.7 m grading 19.34% Cgr (from 22.0 to 56.7 m)
* Significant intercepts are defined as Cgr >5% over a minimum of 6 m; maximum internal dilution of 6 m; maximum external dilution of 0 m.
Focus Graphite President and COO Don Baxter, said:
All infill drilling is now complete at Lac Knife. The results improve our current understanding of the limits and geometry of the resource and enable the interpretation of the geological model. Work on an upgrade of our mineral resource estimate to the Measured and Indicated categories is now underway. It will be used in the mineral reserve calculations and detailed mine design that form part of the Feasibility Study recently awarded to Met-Chem, Québec.