Focus Graphite reports 102.1 m grading 10.7% Graphitic Carbon (Cg) from its Infill and Extension Drilling Program at Lac Tetepisca, Québec

includes 30.2 m sub-intercept grading 16.7% Cg

OTTAWA, ONTARIO--(Marketwired - Jan. 20, 2017) - Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Company") is pleased to announce the results from the Company's 2016 infill and extension drilling program at its wholly owned Lac Tétépisca Graphite Project ("the Project") located southwest of the Manicouagan reservoir in the Côte-Nord administrative region of north-eastern Québec. The results of 2016 drilling program (18 holes; total: 2,424 m) combined with the results of the maiden core drilling program carried out on the Project in 2014, (16 holes; total: 1,874 m; refer to Focus news release dated August 17^th, 2016 available at www.focusgraphite.com and at www.sedar.com) will form the basis of an initial Mineral Resource Estimate, planned to commence in Q1 2017, to be followed by a Preliminary Economic Assessment (PEA) in Q2 or Q3.

Highlights:

• In 2016, 18 HQ-diameter holes (total: 2,424 m; Figure 1) were drilled to test the continuity of the graphitic mineralization within the "Manicouagan-Ouest Graphitic Corridor" with respect to the variability of graphitic carbon thickness and grades. Fifteen (15) holes intersected significant graphitic mineralization with grades ranging from 5.6% Graphitic Carbon (Cg⁽¹⁾) to 19.35% Cg over a minimum true thickness⁽²⁾ of 6.2 m (Table 1).

• Best intersection⁽²⁾: Hole LT-16-32, drilled at -45 degrees to a depth of 159 m, intersected 102.1 m grading 10.7% Cg (from 42.0 m to 145.15 m (core length: 103.15 m); Table 1), including:
  • 30.2 m grading 16.7% Cg (from 45.75 m to 76.25 m (core length: 30.5 m); Table 1); and
  • 13.0 m grading 14.4% Cg (from 100.4 m to 113.5 m (core length: 13.1 m); Table 1).

• The Manicouagan-Ouest Graphitic Corridor is a linear kilometer-scale geophysical Magnetic (MAG) - Electromagnetic (EM) anomaly that is now drilled-tested over a 1,000 m strike length. The main graphite-bearing zone is 85 m wide on average, with drilling down to approximately 100 m.

The maiden core drilling program conducted on the Manicouagan-Ouest Graphitic Corridor in 2014 intersected significant graphitic mineralization including in hole LT-14-04 (Figure 1) which intersected 103.9 m² grading 10.25% Cg (refer to Focus news release dated August 17^th, 2016 available at www.focusgraphite.com and at www.sedar.com).