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 - Seite 2

Focus Graphite President and CEO Gary Economo said these latest drilling results indicate Lac Tétépisca is well on its way to becoming the Company's second significant graphite asset in the Côte-Nord region of Québec. Focus owns the high purity Lac Knife mine development project near Fermont.

"Looking ahead, Lac Tétépisca holds the potential to meet our future supply obligations for graphite-based polymers for the automotive and other industries, whereas Lac Knife's high purity concentrate production is planned for clean technology, renewable energy markets that require high quality coated spherical graphite," Mr. Economo said.

The 2016 drilling program (Figure 1) consisted of three fences of drill holes spaced 200 m apart that were designed to test the 600 m southwest extension of the deposit. A fourth fence of holes (Line 2+00N) tested the northeast extension. In the wider central portion of the deposit, five (5) drill holes tested the higher grade portion of the Manicouagan-Ouest Graphitic Corridor on sections that are spaced 100 m apart. The infill drilling has confirmed the continuity of the graphitic mineralization as well as the occurrence of a high-grade zone, and it has provided further representative mineralization material for orientation metallurgical testing that is ongoing.

This second phase of core drilling targeting the Manicouagan-Ouest Graphitic Corridor further indicates the potential for the Lac Tétépisca project (and the Southwest Manicouagan reservoir area) to host a new large volume - high grade natural graphite deposit. Drill intercepts reveal that the highest-grade section of the Manicouagan-Ouest Graphitic Corridor is continuous over a strike length of 1 km and down to approximately 100 m depth. Graphitic grades within this section range from 10 to 13% Cg. The average thickness of the main graphitic horizon is 85 m with a higher-grade zone lying along the eastern edge, stratigraphically above a lower grade zone.

To view Figure 1, please visit the following link: http://media3.marketwire.com/docs/fms0120fig1.pdf.

To view Table 1, please visit the following link: http://media3.marketwire.com/docs/fms0120table1.pdf.

⁽¹⁾ Carbon analyses were performed by the Consortium de Recherche Appliquée en Traitement et Transformation des Substances Minérales ("COREM") of Québec-City, an ISO/IEC 17025:2005 certified facility using LECO high frequency combustion method with infrared measurement (code LSA-M-B10) and are reported as graphitic carbon (Cg).