on Focus Graphite, Inc. (isin : CA34416E1060)
Focus Graphite Ships Ore for Processing and Analysis
Focus Graphite Inc., a key player in high-purity graphite resource development, has initiated the shipment of ore from its Tétepisca project in Quebec to American Energy Technologies Company (AETC) in Illinois. This collaboration is aimed at advancing graphite processing and analysis. The shipment is crucial for evaluating Tétepisca's potential in the North American critical minerals market.
The Tétepisca project has seen substantial investment, including extensive drilling to support an upcoming updated NI 43-101 Mineral Resource Estimate. The shipment to AETC involves approximately two tons of ore, and processing at AETC's Wheeling facility will yield insights into flake size, purity, and mesh quality. A Qualified Person will oversee the pilot plant processing to ensure compliance with regulatory standards.
Dean Hanisch, CEO of Focus Graphite, emphasized the strategic importance of the collaboration with AETC, underscoring the potential added value for the company if processing results meet expectations. AETC's advanced facility offers a cost-effective alternative to building an on-site plant while providing detailed analytics crucial for graphite commercialization.
R. H.
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