First Canadian Graphite Launches 2026 Lac Guéret South Exploration Program

Campaign will systematically assess potentially new kilometre-scale graphite deposits at Lac Guéret South

MONTREAL, QC / ACCESS Newswire / June 16, 2026 / First Canadian Graphite Inc. (TSXV:FCI)(OTCQB:GRAPF) ("FC graphite" or the "Company") is finalizing the design of its inaugural field exploration program following its recent corporate reorganization. This ambitious campaign is engineered to evaluate priority targets in the Company's existing and expanded claim package at the flagship Lac Guéret South Project, with an immediate focus on high-priority electromagnetic (EM) targets identified during the heliborne geophysical survey flown earlier this year (see press release dated May 20, 2026). The data gathered during this program will establish the foundational framework for a subsequent diamond drilling campaign scheduled for late fall 2026.

The upcoming exploration program will be executed in two distinct, sequential phases:

Phase I: Ground Truthing and Geological Mapping

The initial phase will focus on grassroots prospecting, sampling, and regional geological mapping. Field crews equipped with Beep Mat instruments will systematically cross the property to ground-truth, locate, and delineate the precise surface footprints of the conductors highlighted by the heliborne EM survey. While several of these anomalies have previously been exposed and successfully tested-specifically within Zone 1 and Zone 6-numerous priority conductors remain entirely untested. In conjunction with Beep Mat surveying, the geological team will map out the structural parameters of these horizons, evaluating their surface widths, lateral extents, structural orientations, and dips. Grab samples will be collected systematically across the target zones to provide a preliminary assessment of graphite grades and regional distribution.

Phase II: Advanced Surface Work and Drill Target Selection

Phase II will focus exclusively on the high-potential anomalies prioritized during Phase I, advancing them toward definitive drill targeting. This phase of work will entail mechanical stripping and continuous channel sampling across the most promising graphite-bearing horizons, complemented by high-resolution structural mapping to optimize the upcoming drill grid geometry. Execution of Phase II is subject to receiving an Authorization for impact-causing exploration work (ATI), for which the regulatory application package is currently being compiled for immediate submission.

Schreibe Deinen Kommentar