Ottawa, Ontario–(ACN Newswire – May 7, 2026) – Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) (“Focus” or the “Company“a Canadian designer of state-of-the-art flake graphite deposits and advanced graphite products for battery, defence, and commercial applications, is happy to reveal its updated mineral resource price quote (“MRE“on its 100%-owned Lac Tetepisca Project (the “Project“in Quebec. The MRE was finished pursuant to the requirements of National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101“.
Emphasizes
- Among the Largest Identified Graphite Deposits Globally: This brand-new mineral resource quote consists of 120,163 ktonnes of Indicated Mineral Resources at 10.27% Cg and 24,143 ktonnes of Inferred Mineral Resources at 9.88% Cg (see table listed below for extra information concerning the estimation of the MRE and the typical Cg grades for the Indicated and Inferred Mineral Resources).
- High-Grade Mineral Resources: Price quotes were computed utilizing a conservative 3.5% Cg cut-off grade and a US$ 1,200 per tonne typical market price for graphite concentrate.
- Considerable Expansion Potential: Opportunities exist through step-out and infill drilling to extend the deposit to the southwest and at higher depths, along with through drill screening of various extra geophysical abnormalities.
- AI-Enabled Characterization Technology: Unique, affordable AI-enabled in situ graphite flake characterization innovation is anticipated to be integrated into a future MOGC mineral resource upgrade.
- Possible Acid generation Mitigation Materials: Dolomitic marble from the hanging wall has actually been consisted of within the resource shell and might be utilized to alleviate acid generation within the tailings storage center. Acid buffering capability outcomes are anticipated to be released in the coming months.
IOS Geosciences Inc. (“IOS“a leading Quebec-based geological consulting company was maintained to produce a mineral resource quote upgrade and prepare a technical report (the “Technical Report”. The Technical Report will include the complete outcomes of the Company’s drill program and a mineral resource evaluation upgrade. Pursuant to NI 43-101, the Company will submit the Technical Report within forty-five (45) days of the date hereof on the Company’s SEDAR+ profile at http://www.sedarplus.ca.
The MRE upgrade was finished by IOS, utilizing arise from 150 drill holes amounting to 26,095 metres, and consisting of 2022 project results just recently reported and amounting to 9,628 metres from 44 drill holes.
The MRE upgrade for the Project is based upon 150 likely and sub-vertical diamond drill holes carried out in between 2014 and 2022 on the Manicouagan-Ouest Graphitic Corridor (“MOGC“and South-West MOGC (“SW-MOGC”graphite possibility, amounting to of 26,095 metres. Focus found the MOGC possibility in July 2012 while performing reconnaissance geological mapping, prospecting, and trenching on the Property. The MOGC is specified by a 2 kilometre direct Magnetic (MAG) and Electromagnetic (EM) anomaly that patterns N035 °. Drilling was carried out on a 1.5 km long sector of the MOGC following 300 m long drilling lines oriented N305 ° and spaced 100 m, 50 m, or 25 m apart.
Table 1: Mineral Resources (at 3.5% Cg Cut-Off) – MOGC, Lac Tetepisca Project
(%)
* See notes 1,2,3,4,5,6,7,8,9,10,11,12,13,14,15
Notes
- These mineral resources are not mineral reserves as they do not have actually shown financial practicality. The MRE follows present CIM Definition Standards (2014) and CIM MRMR Best Practice Guidelines (2019 ). A technical report supporting the MRE will be submitted within 45 days in accordance with NI 43-101. The outcomes exist pure and are thought about to have sensible potential customers for ultimate financial extraction (“RPEEE”.
- The independent and certified individuals (“QPs”for the mineral resource price quote, as specified in NI 43-101, are Jean-Michel Dubé, P.Geo. from IOS Geosciences and Alexandre Burelle, P.Eng., from Evomine Consulting. The reliable date is April 30th, 2026.
- The quote consists of 4 (5) variably mineralized domains and one (1) dilution envelope designed utilizing LeapFrog Geo and inserted utilizing LeapFrog Edge.
- 2.0 m composites were computed within the mineralized zones utilizing the grade of the nearby product when assayed or a worth of absolutely no when not assayed.
- State-of-the-art topping on composites (supported by analytical analysis) was set at 27% Cg in the MOGC zone and 8.5% Cg in the SW-MOGC zone. Outlier topping constraint was set at 16% Cg for composites in the MOGC zone that are positioned even more than 50% the optimum interpolation ranges.
- The quote was finished utilizing a turned block design (N030 ° )in Leapfrog Edge, with a moms and dad block size of 5m x 10m x 5m (X, Y, Z) and a sub-block size of 2.5 m x 5m x 2.5 m (X, Y, Z).
- Grade interpolation was gotten by Inverse Distance Squared (ID2) method utilizing tough limits.
- Density worths are inserted and obstructs that are not inserted were appointed their lithology typical worth.
- Mineral resources were categorized as Indicated and Inferred. Suggested resources are specified with a minimum of 3 (3) drill holes in locations where the closest composite is located less than 90 m far from the block centroid and Inferred resources with 2 (2) drill holes in locations where the closest composite is located less than 135 m far from block centroids and there is affordable geological and grade connection.
- It is the QP’s viewpoint that the present category utilized is appropriate and trusted for this kind of mineralization and mineral resource quote.
- The MRE is pit constrained. There are no out-pit resources fulfilling the RPEEE requirement.
- The RPEEE requirement is pleased by using a cut-off grade based upon affordable financial criteria and constraining volumes. The possible open pit (OP) of the 2026 MRE is in your area constrained by a surface area enhanced with the pseudo-flow algorithm in Deswik utilizing a cut-off grade of 3.5%Cg. The following specifications were thought about: mining expense = CA$ 6.00/ t mined; processing expense = CA$ 35.00/ t processed; G&An expense = CA$ 10.00/ t processed; concentrate transport expense = CA$ 200/t conc.; Cg Price = US$ 1,200/ t conc.; CAD/USD currency exchange rate = 1.38; overburden slope angle = 25 °; rock slope angle = 50 °; concentrator healing = 86.6%, concentrate grade = 96.4%.
- The variety of metric tonnes was rounded to the nearby thousand, following the suggestions in NI 43-101. The metal contents exist in tonnes (tonnes x grade) rounded to the closest thousand. Any inconsistencies in the overalls are because of rounding results.
- The QPs are not familiar with any recognized ecological, allowing, legal, title-related, tax, socio-political, or marketing problems or any other pertinent problem not reported in the Technical Report that might materially impact the Mineral Resources Estimate.
- No mineral reserves have actually been developed for the Lac Tetepisca Project.
Table 2: Sensitivity Analysis
Mineral Resource Category
Determined
Shown
Presumed
3.5%
“This updated mineral resource at Lac Tetepisca represents a transformative milestone for Focus Graphite,” commented Dean Hanisch, Chief Executive Officer of Focus Graphite. “To be a credible and serious alternative source of supply to China, particularly in building a secure domestic North American supply chain, projects must demonstrate scale, size, and grade. Lac Tetepisca delivers on all three. While operating costs in Canada are inherently higher than in China, grade is the key equalizer, and the grade and scale we are demonstrating here are critical differentiators. Graphite is an industrial mineral, and qualifying a new supply requires significant time and effort to fully characterize the material, making switching unattractive. This is why deposits of this scale are generational, and we believe Lac Tetepisca’s size and grade justify that transition while reinforcing our position as a long-term North American supplier.”
Jason Latkowcer, Vice President of Corporate Development, commented, “Supply chains are being redefined by control and reliability. With Lac Knife and Lac Tetepisca, we are building a domestic platform capable of delivering high-grade graphite at scale, aligned with North American and allied energy and defence priorities.”
Figure 1: 2026 MRE Resource Block design of the Lac Tetepisca Project
To see a boosted variation of this graphic, please see:
https://images.newsfilecorp.com/files/1963/296420_1b20bbb0444f2a88_001full.jpg
Certified Person
The technical material revealed in this press release was examined and authorized by Rejean Girard, P.Geo(Qc ), President of IOS Geosciences Inc., an expert to the Company, and a certified individual as specified under National Instrument NI 43-101.
Information Verification
Huge bulk of raw information, consisting of drilling and assaying, were offered to the author as a meaningful and verified database, constructed and kept by the specialist through the years. Extensive logging and assaying treatment were kept throughout all the drill programs. Information utilized for the existing MRE have actually gone through a detailed confirmation procedure to guarantee precision and dependability. The confirmation treatments were carried out by certified experts with pertinent proficiency in geological and mining disciplines. They were supervised by the Qualified Person.
QA/QC Procedures
Similar assaying treatment along with Quality guarantee and quality assurance(QA/QC)treatments were kept throughout the different drill programs, in coherence with the Lac Knife sibling job. Comprehensive lab efficiency analyses were performed in 2010-2012 on Lac Knife samples, and internal recommendation product was then produced and utilized throughout both Lac Knife and Lac Tetepisca QAQC programs. Throughout 2012, 2014, 2018 and apart of 2021 program, COREM lab from Québec City has actually been utilized for regular assays. Activation Laboratories from Ancaster, ON, was utilized on 10%interlaboratory for cross-checks function. For half of 2021 samples, these 2 labs ‘functions were inverted. Aside of inter-laboratories replicates, licensed recommendation products, internal recommendation products and blanks were routinely placed, and utilized to keep track of outcome precision and accuracy. Overall carbon, natural carbon and inorganic carbon analysis were carried out on 10%of the samples, accrediting that the regular assays were just reporting graphitic carbon. The very same 10 %of samples were likewise sent for trace metal analysis, in anticipation of future ecological research studies. They underwent their own QA/QC treatment. Re-assays and recognition analysis were asked for whenever discrepancies were kept in mind.
MRE Validation
Several recognition methods were taken. Block volume approximates for each mineralized zone were compared to the 3D wireframe designs. Block grades, composite grades and assays were aesthetically compared on areas, strategies and longitudinal views for both largely and sparsely drilled locations and no considerable distinctions were observed. There is a great match observed in the grade circulation. The pattern and regional variation of the approximated inverted range squared (ID2 )interpolation were compared to regular kriging (OKAY )and nearest-neighbor(NN )interpolation utilizing swath plots (North, East, Elevation, Northeast).
Geological Complexity:
The residential or commercial property’s geological setting is rather easy however might still present obstacles in regards to analysis and recognition. Unidentified geological structures and mineralization patterns might present unpredictabilities regardless of recognition efforts.
It is important to keep in mind that, regardless of these restrictions, every effort has actually been made to lessen possible predispositions and errors in the information. Certified Persons have actually exercised their expert judgment to alleviate these restrictions and make sure the dependability of the details provided in this report.
About Focus Graphite Advanced Materials Inc.
Focus Graphite Advanced Materials is redefining the future of important minerals with 2 100%owned first-rate graphite tasks and advanced battery innovation. Our flagship Lac Knife job stands as one of the most innovative highest-purity graphite deposits in North America, with a totally finished expediency research study and near-completed ecological evaluation research study. Lac Knife is set to end up being an essential provider for the battery, defence, and advanced products markets.
Our Lac Tetepisca task even more reinforces our portfolio, with the prospective to be among the biggest and highest-purity and highest-grade graphite deposits in North America. Graphite mineralization at Lac Tetepisca is extremely comparable to that of Lac Knife, forecasting comparable behaviour in the concentration and filtration procedures. At Focus, we surpass mining– we are pioneering ecologically sustainable processing services and ingenious battery innovations, including our patent-pending silicon-enhanced spheroidized graphite, developed to boost battery efficiency and performance.
Our dedication to development makes sure an environment-friendly supply chain from mine to market. Partnership is at the core of our vision. We actively partner with market leaders, research study organizations, and federal government companies to speed up the commercialization of next-generation graphite products. As a North American business, we are committed to protecting a durable, in your area sourced supply of crucial minerals– lowering reliance on foreign-controlled markets and driving the shift to a sustainable future.
To find out more on Focus Graphite Inc. please check out http://www.focusgraphite.com.
LinkedIn: https://www.linkedin.com/company/focus-graphite/
X: https://x.com/focusgraphite
Cautionary Note Regarding Forward-Looking Statements
Specific declarations consisted of in this news release make up positive info. These declarations associate with future occasions or future efficiency. Making use of any of the words “could,” “intend,” “expect,” “believe,” “will,” “projected,” “estimated,” and comparable expressions, in addition to declarations connecting to matters that are not historic truths, are meant to determine positive details and are based upon the Company’s present beliefs or presumptions regarding the result and timing of such future occasions.
In specific, this news release consists of positive details relating to, to name a few things, the outcomes of the upgraded mineral resource price quote for the Lac Tetepisca Project, consisting of the amount and grade of mineral resources; the capacity for growth of the mineral resource through extra drilling, consisting of step-out and infill programs; the timing, conclusion, and filing of the associated technical report in accordance with National Instrument 43-101; the presumptions underlying the mineral resource price quote, consisting of product rates, cut-off grades, and geological analyses; the capacity for future mineral resource updates; the development of ecological research studies and allowing procedures; the prospective advancement of the Project and its capability to end up being a substantial provider of graphite; and the Company’s strategies to additional assess and establish the Project, consisting of metallurgical screening, engineering research studies, and downstream processing chances.
Positive declarations undergo recognized and unidentified dangers, unpredictabilities, and other elements that might trigger real outcomes, efficiency, or accomplishments to vary materially from those revealed or suggested by such declarations. These dangers and unpredictabilities consist of, however are not restricted to, threats associated with market conditions, regulative approvals, modifications in financial conditions, the capability to raise adequate funds on appropriate terms or at all, functional threats related to mineral expedition and advancement, and other dangers detailed from time to time in the Company’s public disclosure files offered under its profile on SEDAR+.
The positive details consisted of in this release is made since the date hereof, and the Company is not obliged to upgrade or modify any positive details, whether as an outcome of brand-new info, future occasions, or otherwise, other than as needed by suitable securities laws. Due to the fact that of the dangers, unpredictabilities, and presumptions consisted of herein, financiers need to not position unnecessary reliance on positive info.
Neither TSX Venture Exchange nor its Regulation Services accepts duty for the adequacy or precision of this release.
To see the source variation of this news release, please check out https://www.newsfilecorp.com/release/296420
Subject: Press release summary
