OTTAWA, ONTARIO -- (Marketwire) -- 03/28/13 -- Focus Graphite Inc. (TSX VENTURE: FMS)(OTCQX: FCSMF)(FRANKFURT: FKC) ("Focus" or the "Corporation") and partner SOQUEM Inc. ("SOQUEM") are pleased to report the results of the Fall 2012 core drilling program at the Kwyjibo Polymetallic Iron-Rare Earth Elements-Copper (Fe-REE-Cu) Property ("Kwyjibo" or the "Property"), located in the Cote-Nord administrative district of northeastern Quebec. A total of 31 holes (4,207 m) were drilled to confirm grades, thicknesses and continuity of the Fe-REE-Cu mineralization within the northeastern portion of the 1 km long Josette Horizon which hosted the best REE intersections of the 2011 drilling program (see Focus press release dated March 13th 2012).
Hole 10885-12-75 returned the best REE mineralized section of the 2012 drilling program:
-- Hole 10885-12-75: 3.22 % TREO(i) and 0.1 % Cu over 36.0 m(ii) (from 99.0 to 135.0 m), including a high grade sub-interval of 7.04 % TREO(i) and 0.19 % Cu over 7.0 m(ii) (from 111.0 m to 118.0 m).
Other highlights from the 2012 drilling program include:
-- Hole 10885-12-62: 2.26 % TREO(i) and 0.3 % Cu over 43.2 m(ii) (from 28.0 to 71.2 m) in massive iron formation, including a high grade sub- interval of 5.08 % TREO(i) and 0.2 % Cu over 5.0 m(ii) (from 41.0 to and 46.0 m).-- Hole 10885-12-68: 2.56 % TREO(i) and 0.21 % Cu over 40.15 m(ii) (from 71.35 m to 111.5 m) in the massive iron formation, including a high grade sub-interval of 5.10 % TREO(i) and 0.25 % Cu over 8.0 m(ii) (from 81.0 to 89.0 m).-- Hole 10885-12-71: 3.29 % TREO(i) and 0.25 % Cu over 30.0 m(ii) (from 144.0 to 174.0 m) in massive iron formation, including a high grade sub- interval of 4.29 % TREO(i) and 0.33 % Cu over 15.0 m(ii) (from 151.0 m to 166.0 m).-- Hole 10885-12-84: 1.47 % TREO(i) and 0.03 % Cu over 59.5 m(ii) (from 145.5 m to 205.0 m) in massive iron formation, including a high grade sub-interval of 2.14 % TREO(i) and 0.03 % Cu over 24.0 m(ii) (from 147.0 m to 171.0 m); and 1.06 % TREO(i) over 34.0 m(ii) (from 171.0 to and 205.0 m) in the lower magnetite-veins breccia zone, including a high grade sub-interval of 3.81% TREO(i) over 3.0 m(ii) (from 179.5 to 182.5 m). (i) Rare earth elements assays are expressed as total rare earth oxides (TREO) including yttrium oxide. Values of TREO (REE2O3) presented are the sum of all rare earth oxides of the lanthanide series and yttrium oxide; strictly not a rare earth element, yttrium is included in the total amount of REE because of the chemical behaviour and uses that are similar to the lanthanides. (ii) Intersections are expressed as core length in meters and not the true thickness as most holes were drilled nearly perpendicular to the dip of the Josette horizon (dip of -45 degrees to -50 degrees to the southeast).
Gary Economo, President and CEO of Focus stated: "These latest drilling results from our Kwyjibo project confirm the grades, thicknesses and continuity of the Fe-REE-Cu mineralization at the Josette Horizon over a total strike length of 600 m and to a depth of 175 m. Moreover the new drill results again demonstrate the high content of critical rare earth elements (in particular Nd and Y) of the mineralization at Josette with REOc(iii) ratios for the significant drill intersections ranging from 36 % to 43 %".