Focus’ flagship Lac Knife Project is a 100% owned, high-grade crystalline flake graphite deposit located in northeastern Québec, about 27 kilometres south of Fermont.
A feasibility study prepared by Met-Chem Canada Inc. (now DRA Americas Inc.) in 2014 indicated positive project economics that position the project to become one of the lowest-cost, highest-margin producers of graphite in the world.
In 2021, Focus commissioned DRA Americas Inc. to update and modify the 2014 feasibility study for the Lac Knife Project and prepare a new NI 43-101 Technical Report in accordance with the Canadian Securities Administrators’ Standards of Disclosure for Mineral Projects. These updated reports are anticipated to be completed in 2022.
In parallel, Focus is now expediting the completion of the Lac Knife environmental and social impact assessment (ESIA) study, also scheduled to be completed in 2022.