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FOCUS GRAPHITE RETAINS TERRAPEX ENVIRONNEMENT TO ASSISTWITH FEDERAL AND PROVINCIAL PROJECT PERMITTING FOR LAC KNIFE OTTAWA, ONTARIO - NOVEMBER 1, 2012 - Focus Graphite Inc. (“Focus” or the “Company”) (TSX-V:FMS; OTCQX:FCSMF; FSE:FKC) announces it has retained the services of Québec-based Terrapex Environnement Ltd. (“TERRAPEX”) to assist the Company in obtaining the required federal, provincial and municipal permits and authorisation to develop the Lac Knife graphite project (“Lac Knife” or the “Project”) towards the goal of full commercial production. The Lac Knife project is located in the Côte-Nord region of northeastern Québec, 27 km south-southwest of the iron-mining town of Fermont. The decision to commence permitting procedures follows one of the recommendations set forth in the Preliminary Economic Assessment (“PEA”) of the Lac Knife project, the results of which were announced by the Company on October 29th, 2012. The PEA which was prepared by Roscoe Postle Associates Inc. (“RPA”), in collaboration with Soutex Inc., demonstrates that the Lac Knife project has robust economics and an excellent potential to become a profitable producer of graphite. The PEA is available on the Company’s Website at www.focusgraphite.com and on SEDAR at www.sedar.com. Québec mine permitting process The mine permitting process in Québec comprises of various Federal, Provincial and municipal authorizations for mine pre-development, permitting (Mining Lease application and mine closure plans per the requirements of the Québec Mining Act), road construction, mine construction, ore processing, camp installation and other considerations all of which lead to a request to the Ministère du Développement Durable, de l’Environnement, de la Faune et des Parcs du Québec (“MDDEFP”) for a Global Project Authorisation or Certificat d’Autorisation (“CA”) for the Project, per the requirements of the Québec Environmental Quality Act. Terrapex’ mandate is to provide strategic and technical support to Focus at all government and municipal regulatory levels, and for all of the permits and authorisations required to advance the Lac Knife graphite project towards commercial production. To this end, Terrapex has already prepared a baseline regulatory framework for the Project which outlines all of the procedures the Company must follow in order to comply with applicable regulations and obtain the CA for the project. As part of the permitting process, Focus has undertaken environmental auditing and baseline studies, advanced metallurgical testing, mine tailings and waste rocks characterisation and archeology and biodiversity studies which will lead to a full environmental and social impact study to be completed by year-end in 2013. Gary Economo, President and CEO of Focus Graphite, stated, “The hiring of Terrapex to assist Focus in its endeavours to obtain all regulatory approvals for Lac Knife together with the start of environmental and social impact studies are further evidence of our commitment to expedite the development of the Project towards our goal of full commercial graphite production”. About Terrapex Environnement Ltd. Founded in 1995, TERRAPEX (www.terrapex.ca) is a leading provider of specialised environmental and earth sciences services to the Québec mining industry, federal and provincial government agencies and municipal authorities. Active throughout Québec with offices in Brossard, Québec City, and Richmond and with a team of 50 professionals, TERRAPEX has completed over 7,000 projects to date spanning the fields of geology, mineral exploration, geotechnical engineering, hydrogeology, biological and environmental studies, site decontamination and agronomy. About Focus Graphite Focus Graphite Inc. is an emerging mid-tier junior mining development company, a technology solutions supplier and a business innovator. Focus is the owner of the Lac Knife graphite deposit located in the Côte-Nord region of northeastern Québec. The Lac Knife project hosts a NI 43-101 compliant Measured and Indicated mineral resource of 4.972 Mt grading 15.7% carbon as crystalline graphite with an additional Inferred mineral resource of 3.000 Mt grading 15.6% crystalline graphite. Focus’ goal is to assume an industry leadership position by becoming a low-cost producer of technology-grade graphite. On October 29th, 2012 the Company released the results of a Preliminary Economic Analysis (“PEA”) of the Lac Knife project which demonstrates that the project has robust economics and excellent potential to become a profitable producer of graphite. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus Graphite is also investing in the development of graphene applications and patents through Grafoid Inc. This press release has been reviewed by Marc-André Bernier, M.Sc., P.Geo. (Ontario and Québec), Technical Adviser and a Director of Focus, and a Qualified Person under National Instrument (NI) 43-101. Gary Economo President and Chief Executive Officer 613-691-1091 Ext. 101geconomo@focusgraphite.com
PEA is slecht ontvangen, de aandeelhouder verdient meer. De vele bashers van FMS, zijn aandeelhouders van NGC (de concurrent). Die mensen willen of kunnen niet begrijpen dat Lac Knife het economisch commercieelste project is. Het is afwachten. FMS moet nu doorzetten met Lac Knife om de koers op een hoger niveau te tillen, denk aan: - Afname's. - Boorresultaten. (komen tussendoor) - Financiering. Ik heb meer aandelen gekocht en FMS is mijn grootste positie. Iedereen veel succes toegewenst!
Voor de mensen die willen instappen, dit is jouw kans!! Er is niets aan de hand (fundamenteel) het fenomeen heet namelijk: Tax loss selling. GLTA
Heeft er iemand geluisterd en gekocht? Heb je vandaag alleen al +15.09% winst kunnen hebben. FMS gaat véél hogere regionen opzoeken! Dus nog steeds een koopje. GLTA
Talk schreef op 13 november 2012 22:55 :
Heeft er iemand geluisterd en gekocht?
Heb je vandaag alleen al +15.09% winst kunnen hebben.
FMS gaat véél hogere regionen opzoeken! Dus nog steeds een koopje.
GLTA
Wie leest dit nou ;-) Ik heb niks gekocht. Wat ik heb zit hierin en in PEIX dus 2 x niks :-(
Nieuwe grafiet ontdekt en de PPS gaat 10% naar beneden?!? Ik snap het niet meer.
Mijn vriend, natuurlijk lezen mensen dit. Je weet: de beste stuurlui staan aan wal.. :) De steun is gebroken en neerwaartse druk is groots.
Talk schreef op 15 november 2012 19:34 :
Mijn vriend, natuurlijk lezen mensen dit. Je weet: de beste stuurlui staan aan wal.. :)
De steun is gebroken en neerwaartse druk is groots.
En de slechtste gaan het schip in. Er is wel weinig Volume, dus het is ook gebaseerd op lucht weer.
De slimste investeerders stappen op het schip. Alleen moeten we nog enige stormen overwinnen totdat we bij prachtige eilanden komen. Nee, de steun is gebroken vandaar de neerwaartse koers. Een gemiddeld volume van 100.000 a 200.000 per dag en vandaag met 680.000 aandelen. Dus ik mag stellen dat er een grote neerwaartse druk is ontstaan met (hoog) volume.
Talk schreef op 15 november 2012 22:45 :
Een gemiddeld volume van 100.000 a 200.000 per dag en vandaag met 680.000 aandelen. Dus ik mag stellen dat er een grote neerwaartse druk is ontstaan met (hoog) volume.
Mijn fout. ik keek weer alleen naar OTC ;-)
No problemo. Alle indices zitten in serieuze downtrend. Je kan er niet omheen dat FMS ook mee gaat.. :(
Weer maar even wat positieve PR er tegenaan: Focus Graphite “ahead of the curve” as it ramps up to become a leader in graphite supply Friday, November 23, 2012 by Carrie White Full article: www.proactiveinvestors.com.au/compani... After a very busy year, Focus Graphite (CVE:FMS) (OTCQX:FCSMF) is on its way to meeting its objective of becoming one of “the biggest and best high-end graphite suppliers in the world”. The Canadian graphite mining and exploration company boasts what it says is “the best technology-grade graphite in the world” at its flagship NI 43-101 compliant Lac Knife deposit, located in the Côte Nord region of Quebec. Focus explains that Lac Knife is unique because of its cost-mitigating, high concentration of large, medium and small flake graphite. Flake graphite - the most actively pursued type of graphite and associated with next-generation technologies - is made up of layers of graphene, which is the mineral’s base structural element. President and CEO Gary Economo says one of the most important milestones achieved by the company this year was its long-awaited preliminary economic assessment (PEA) on the Lac Knife project, showing average concentrate grades of 92% graphitic carbon. With a mine life of 20 years, the open pit operation is expected to yield 300,000 tonnes per year, with life-of-mine production of 928,000 tonnes of concentrate at 92% graphitic carbon on average, or approximately 46,600 tonnes of concentrate per year. Pre-tax net present value - at a 10% discount rate - was estimated at $246 million with a 32% pre-tax internal rate of return and a pre-tax payback period of 2.8 years. Initial capital cost was projected at $154 million, inclusive of $33 million and $24 million in working capital and contingency (25 per cent), respectively. “Getting the PEA completed was important as we move Lac Knife into production,” says Economo. To see the full article click here. Regards, Gary Economo President and CEO, Director 613-691-1091 Ext. 101geconomo@focusgraphite.com
Het is hier stil. Goed nieuws omtrent grafeen uit Groot-Brittannië. Britain allocates £21.5m for Graphene researchwww.youtube.com/watch?feature=player_...
Goed nieuws FMS de laatste dagen! Focus Graphite Reports Preliminary Phase II Locked Cycle Tests from Lac Knife Yield High Purity 96.6% C Flake Graphitewww.reuters.com/article/2013/03/04/id... Focus Graphite Reports New Exploration Drilling Results at Lac Knife-66.8 m Grading 14.7% Cgrwww.reuters.com/article/2013/03/05/id... Interview met Gary Economo: Is Flake Graphite the Place to Be in 2013?graphiteinvestingnews.com/2054-flake-...
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