[url=http://peketec.de/trading/viewtopic.php?p=991307#991307 schrieb:goldhunter schrieb am 27.12.2010, 01:45 Uhr[/url]"][url=http://peketec.de/trading/viewtopic.php?p=991219#991219 schrieb:goldhunter schrieb am 24.12.2010, 20:55 Uhr[/url]"]So und jetzt wirds Zeit für meinen Einstand hier
Ich werde in den nächsten Tagen ein Unternehmen vorstellen das im Bereich Rare Earth, Lithium und einem weiteren zukunftsträchtigen Mineral unterwegs ist, welches z.B notwendig ist für die Herstellung von Lithium Ionen Batterien und Akkus undzwar zu einem höheren Anteil wie Lithium selber!
Besonders im Hinblick auf 2012, wo einige Fahrzeughersteller mit dem Thema "Elektro- und Hybridauto" in Serie gehen ist das sehr interessant.
Soviel vorne weg:
- advanced projects
- proven resources (!)
- near term production
- feasibility study was done
- 1 Projekt hat alleine einen Resourcenwert (proven!) von ca. 2 Milliarden$
- scoping study starts in January 2011, fertig bis Mitte 2011
- open pit Abbau
- CAPEX ca. 45-65mio$
- laut vorhandener Studie beträgt die Minenlaufzeit 40Jahre bei einem output von 50.000t/y
- aktuell laufen Gespräch mit 3 JV-Partnern, u.a. mit einer koreanischen Firma und einem großen Fonds aus der USA
Das ganze Unternehmen (seit ca. 6 Monaten gelistet) gibt es für momentan 15mio.$
Mehr dazu mit detailierten Infos (PPs,PDF u. Bilder) in den nächsten Tagen.
Wie kann ich hier am besten PPs und PDF Dateien reinstellen? Gibt es eine Seite wo ich diese ablegen kann und sodaß Ihr das dann per Link abrufen könnt?
Tipps gerne auch per Boardmail!
Bis die Tage.
Hoffe Ihr habt die Feiertage gut rumgekriegt und seid alle gesund und munter.
Wie bereits angesprochen möchte ich einen Wert vorstellen, der in DE aber auch in CAN noch nicht groß bekannt ist.
Es handelt sich um Focus Metals, gelistet seit ca. 6 Monaten an der TSX-V unter dem Kürzel FMS.
"FMS is a spin-off from Everton Resources and listed under the symbol FMS-V"
Shares outstanding 44.7 million (+11.7mio. units aktuelle PP)
Management/Insiders 35% approx.
IAMGold 9.0% approx.
Cash aktuell ca. 4,3mio.$, laut CEO voll finanziert für 2011!
(1mio aktuell + weitere 3,3mio. nachdem die PP´s vom Dezember geclosed sind)
Focus Metals owns 100% in 13 properties covering 668 km2 in the Labrador Trough region of
Quebec along with an advanced stage graphite project and a somewhat more advanced REE project.
Das Flaggschiff ist die Lac Knife Graphit Projekt.
Was ist Graphit und wo wird es eingesetzt?
Hierzu ein sehr interessanter und aktueller Artikel, auf Seite 2 geht es los:
http://www.goldseiten.de/content/diverses/artikel.php?storyid=14955
weitere links mit Infomaterial:
http://www.focusmetals.ca/graphite/index.html
http://www.atzonline.de/Aktuell/Nachrichten/1/12272/Materialforscher-machen-Motorbloecke-leichter.html
http://www.tagesschau.de/ausland/nobelpreis226.html
http://derstandard.at/1276413385509/EU-Rohstoff-Engpaesse-befuerchtet
Hier könnt Ihr die aktuelle Firmenpäsentation runterladen:
http://www.file-upload.net/download-3080776/FMS-PPT_-November-2010.pdf.html
The History Factor:
1988: The Lac Knife graphite property was discovered in a joint venture between Mazarin (industrial mining company) and the town of Fermont. The property is 35km south of Fermont, Quebec near the northeastern border with Labrador. It is accessible by gravel road and rail (rail needs to be built).
1989 and 1990: Mazarin’s drilling program indicated a resource of 8.1m/t grading 16.7% graphite. The strip ratio is about 1:1 and overburden is only about 6m. Two feasibility studies were completed that estimated the capital costs to develop production at $32m in 1991 dollars.
1991: Mazarin hoped to bring Lac Knife into production but the economy went into recession, graphite prices nose-dived.
2001: After a 10-year gap, Graftech entered the picture. Union Carbide subsidiary UCAR created Graftech in 1999 and started working with Ballard Power Systems on “Grafcell”, a new fuel cell application. Strathcona Mineral Services did a worldwide search for appropriate graphite deposits for use in Grafcell, and came up with Lac Knife. Graftech did studies that demonstrated the quality of graphite was 2 to 3 times the average grade of most deposits being mined at that time. Graftech and Ballard updated their agreement and until 2015 Graftech was to be their exclusive manufacturer and supplier.
2002: A joint Graftech/Mazarin study was to be completed so that mining could begin in 2004. Production was to reach 50,000 t/y of graphite flake, making Lac Knife one of the world’s largest graphite producers. Processing would be standard on-site crushing and milling followed by flotation of the graphite and the elimination of waste. Prices then ranged from US $480-$500/t. U.S. consumption totaled 41,800 (’00), with flake accounting for nearly 45%.
2003+: Things did not proceed for a number of reasons: Ballard’s collapse, slower than expected market development of fuel cells and price dumping by the Chinese resulted in the collapse of the graphite market. Graftech changed focus away from fuel cells and into electronic thermal management. Graftech corporate was also facing some financial and regulatory issues and walked away from many projects. And, Mazarin was purchased by IAMGOLD and their focus was not on graphite – so, the property sat undeveloped.
2010: Focus Metals Inc. acquires The Lac Knife property. FMS is a spin-off from Everton Resources and listed under the symbol FMS-V. Focus intends to complete the necessary regulatory steps, develop Lac Knife (and its Kwyjibo REE property) and unlock the market potential of the company.
Six other factors will help unlock that potential:
o The numbers factor
o The China factor
o The automobile factor
o The nuclear factor
o The REE factor
o The US factor
The Numbers Factor:
Traditional demand for graphite has been tied to the steel and automotive industries. Demand grew at about 5% per annum for most of this decade due to ongoing industrialization of developing countries
Future demand, the “blue sky” for the graphite industry will be driven by the incremental demand
created by green initiatives. (Li ion batteries, fuel cells, etc.) Many of these applications have the potential to consume more graphite than all current uses combined. For example, currently in a typical car, ½ lb of graphite is used, but with a fuel cell powered car, 10-30 lb is used.
China produces over 80% of the world’s graphite and over 95% of REE. Currently “the China factor” determines the global market. Five other countries produce the other 20% of the world’s graphite with Canada being fourth. (See more below on the China factor)
The graphite market is almost as large as the nickel market (1.3 million tones per year (m t/y], far larger than the markets for magnesium (429m t/y), molybdenum (180m t/y) or tungsten (55 m t/y), and more than 50 x the size of the lithium or REE markets.
Exceeding one million tones per year, the market is comprised of 60% amorphous and 40% flake graphite. Only flake can be upgraded to 99.9% purity suitable for Li ion batteries. FMS can produce 50,000 t/y for 40 years.
In Q1 and Q2 of 2010, the supply of certain types of graphite was very tight. Chinese export restrictions and taxes, coupled with concentration of ownership in China by one mining group, resulted in escalating prices and limited spot market availability. July, 2010 European port prices per tonne were:
o Large flake $1,325 - $1,700
o Medium flake $1,125 - $1,200
o Fine flake $775 - $1,200
Die aktuellen Preise liegen bereits schon um einiges höher, für large flakes bei 2.200$
http://www.indmin.com/Article/2730159/Graphite-price-gap-closing-as-Chinese-mines-close-for-winter.html
Anbei eine Email von Gary Economo (CEO)
We are just closing a financing round for a total of 3.25 million dollars, the offering is oversubscribed and will close in the next few days.
We are preparing for next year's exploration activities in both of our projects, Kwyjibo which is the Rare Earth Elements project and Lac Knife which is the Graphite project.
We are currently in the process of drilling at Lac Knife so we can establish a 43-101 resource, we have 8.2 million tons of Graphite, aprox. 30% large flake 35% medium and the balance small flake, enclosed you will find some information on the project which was ready to go to production 10 years ago.
I am also enclosing a corporate presentation and brief document that talks about the market and why Focus will be a strong player.
My plan is to see both of these projects to production stage since they both hold a strategic resource.
Daraufhin habe ich einige Dinge nochmal hinterfragt, Antwort in fett:
1.) When do you have a final number on the 43-101 resource?
It will be in March, the resource is already proven, a feasibility study was done in 1990 and again in 2000, pre-43-101 we are now drilling 12 twinning holes just to bring the study to 43-101 standards
2.) When do you have a final confirmation of the production pre-feasibility preparations?
Already done, a scoping study starts in January
3.) What are the estimated costs for starting production?
Between 45 and 65 million, we will have a better number when the scoping study is completed, scheduled for June or July 2011
4.) How will you finance this step (production)?
I have 3 sources of funding already identified and one has already verbally committed , A) a major fund in the USA B) SGF, FTQ and Caisse de Depot in Quebec, C) a Korean finance firm
5.) Do you plan to sell a part of this project? (JV?)
Yes, we need a partner that is very knowledgeable in mining and Graphite processing as well as engineering and selling the material, I have identified and I am working with 4 different firms who fit the bill.
6.) How many capacity do you have? (menpower, geologists)
I have 4 Geologists on contract, I share administrative/accounting functions with 2 other firms in order to keep operating costs low.
I wonder a little bit (positive) because of that IAMGold has around 9% of the outstanding shares. As I know IAMGold is a real gold play.
Yes, they got their shares as part of the package when we purchased the Lac Knife project from them.
Do you have also gold properties?
Yes we do, but that is not our play at this time, our gold properties are very early stage and they are part of a much bigger area in the Labrador Trough, there is no current infrastructure, there will be in 10 years or so, but for now there is nothing up there, we acquired those claims from Everton when the company was initially set up, we will continue to secure more claims in that region for future exploration.
Our Focus for the short to medium term will be to take on Industrial mineral projects that enable technology and green energy and that we can clearly see going into production within the next 3 to 5 years, we will develop them to the stage where we can bring in a production and processing partner and try to secure a strong recurring revenue stream in the form of royalties. We will continue to focus on Quebec projects because the financial and government support is fantastic.
Auf stockhouse wurde auch noch ein Interview mit Gary Economo veröffentlicht:
http://www.stockhouse.com/Community-News/2010/Dec/3/Explorer-goes-for-graphite-gold
Alles in allem gefällt mir der Wert sehr gut und hat auf Sicht von 12-24 Monate eine realistische Chance sich zu vervielfachen. Ich denke der Kurs wird sich in den nächsten 2-3 Monaten verdoppeln. Es stehen Bohrergebnisse (beide Projekte) aus, Start scoping study im Januar und in CAN soll ab Januar die PR-Maschine anlaufen. Das Thema Graphit und Seltene Erde ist heiss. Spätestens wenn ein JV Partner feststeht bzw. verkündet wird sollte dann der nächste größere Schub kommen (Ende Q2-Q3).
Ich habe 20k shares zu 0,35CAD im Depot
Kursziel Ende 2011 --> mind. 1$
Zum Schluß noch die erste Analystenempfehlung von FMS in CAN:
http://www.file-upload.net/download-3080782/Dec-FMS.pdf.html
Guts Nächtle
Dax (L&S) 24.038 +0,60%
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Nikkei 50.492 -1,06%
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FMS - Focus Graphite - WKN A1C7E4
- Ersteller golden_times
- Erstellt am
- Tagged users Kein(e)
[url=http://peketec.de/trading/viewtopic.php?p=994283#994283 schrieb:goldhunter schrieb am 04.01.2011, 11:02 Uhr[/url]"][url=http://peketec.de/trading/viewtopic.php?p=991219#991219 schrieb:
Interessanter Artikel, hier ein Auszug!
5. Rare Earth Metal stocks enjoyed a terrific year, with tremendous media coverage of China’s total domination in this market. All eyes will be on China to find out whether further export reductions and restrictions are put into place, along with increased export taxes. Mining shares in this sector will have violent swings- which will spell opportunity for the experienced trader.
6. Surprise material of the year will be Graphite. One source estimated that there will be a 7X increase in demand for Graphite in this decade. Rare Earth metals need graphite for processing, but the nuclear plants being built in developing nations like China and India will cause a major increase by themselves. China dominates the world graphite market and could surprise us all with export restrictions, export taxes etc.
Read more: http://www.businessinsider.com/11-investment-themes-for-2011-2011-1#ixzz1A3POYer7
FMS ist die letzten Tage bereits losmarschiert!
» zur Grafik
Bezüglich "Graphite" Preisen hatte ich den CEO von FMS nochmal angemailt. Er hat mir folgendes dazu geschrieben:
Pricing is based on a number of factors, the 2 main ones are A) flake size, small, medium or large and B) is % carbon. The common % carbon is between 94% and 97%, this material today goes for between $1,400 and $2,200 per ton depending on flake size.
99% carbon goes for $7,000 per ton, 99.9% goes for up to $20,000 per ton and 99.99% goes for up to $40,000 per ton.
The more you screen the graphite the more you break down the flake size and there are many applications that can only use large flake size, so the more you work the flakes the higher the loss and therefore the higher the price. There are many other factors that affect pricing but these are the most important ones.
The typical graphite content out of the ground is 3 to 8 percent in all mines around the world, ours is over 17 percent average, some places we have 35 percent.
Then the material goes through a crushing and validation process to get it up to 97 percent.
My plan is to have the first processing plant that will process to 97 percent and then add a second facility the following year that can process to 99.99 percent.</COLOR><COLOR color="red">
würde mich nicht wundern wenn sich bis dahin der Preis von Graphite nochmal verdoppelt
-bei ca. 50mio CAPEX
-einer jährlichen Ausbringung von 50.000t (Preis pro t mom. zwischen 1.400$-2.200$), wohlgemerkt die durschnittlichen grades von FMS sind mehr wie dopplet so hoch, gemessen an allen Minen der Welt
-und einer Minenlaufzeit (open pit) von 40 Jahren
hat FMS eine sehr realistische Chance, die weltweit hochgradigste Graphit Mine zu werden. (fette cash cow
Da wird meiner Meinung nach ein asiatisches Unternehmen als JV Partner einsteigen, kann mir nicht vorstellen, dass die sich das entgehen lassen.
Bin gespannt wie der Markt die Story aufnimmt.......wenn Sie raus ist!
Focus Metals Inc.- Plans over the next 2-5 yrs
http://www.stockhouse.com/InvestorRelationship/VideoDetails.aspx?s=V.FMS
http://www.stockhouse.com/InvestorRelationship/VideoDetails.aspx?s=V.FMS
Focus Metals Inc. Amends Stock Option Plan
Apr. 28, 2011 (Marketwire) --
OTTAWA, ONTARIO -- (Marketwire) -- 04/28/11 -- Focus Metals Inc. (TSX VENTURE:FMS) ("Company" or "Corporation") is pleased to report it has amended its stock option plan to increase the number of common shares available for issuance upon the exercise of stock options granted under the plan from 3,706,931 to 6,143,434 common shares, which represents 10% of the current issued and outstanding common shares of the Company. The TSX Venture Exchange accepted and approved the Company's filing in connection with the amended Plan on April 21, 2011.
Apr. 28, 2011 (Marketwire) --
OTTAWA, ONTARIO -- (Marketwire) -- 04/28/11 -- Focus Metals Inc. (TSX VENTURE:FMS) ("Company" or "Corporation") is pleased to report it has amended its stock option plan to increase the number of common shares available for issuance upon the exercise of stock options granted under the plan from 3,706,931 to 6,143,434 common shares, which represents 10% of the current issued and outstanding common shares of the Company. The TSX Venture Exchange accepted and approved the Company's filing in connection with the amended Plan on April 21, 2011.
May 06, 2011 09:12 ET
Focus Metals Contracts with RPA for Mine Design and Engineering for the Lac Knife Graphite Property
OTTAWA, ONTARIO--(Marketwire - May 6, 2011) - Focus Metals Inc. (TSV VENTURE:FMS) announced today it has retained the services of mining engineers and consultants Roscoe Postle Associates (RPA), to commence work on the mine design and engineering for Focus Metals' Lac Knife, Quebec flake graphite property.
RPA is an internationally-recognized expert in mine and infrastructure design, including construction and mine operations, cost assessment, process design and administration in Canada, the United States and Europe.
RPA's team is headed by Mr. Marc Lavigne. Mr. Lavigne was a key member of the consulting team that was hired by Lac Knife's original owner, the Mazarin Mining Corporation, Inc. to undertake the first Lac Knife graphite feasibility in 1989.
"Our agreement with RPA – one of the most highly respected Canadian mining consultants in the world – brings us another step closer to production of our large flake graphite property," said Gary Economo, President and CEO of Focus Metals Inc.
"Of particular note is that RPA's design and engineering team is headed by Mr. Marc Lavigne, who has extensive first-hand experience with our Lac Knife property," Mr. Economo said.
"This agreement signed today with RPA is a major step forward for us as our NI 43-101 resource calculation and scoping studies are nearing completion," he said.
Mr. Economo said that under the terms of the agreement, RPA will provide the mine design and engineering plans to bring Lac Knife's 8.1 million tons of natural flake graphite into production, including processing, transportation and infrastructure, administration and mine and environmental management.
Mr. Lavigne is a mining engineer and project manager with extensive domestic and international open pit and underground mining experience. He holds a Masters of Sciences from Laval University, and is a member of the Order of Engineers of Quebec and a member of the Canadian Institute of Mining and Metallurgy.
In other news:
The Company also announces the granting of options to purchase in the aggregate 1,725,000 common shares of the Company to certain directors, officers, employees and consultants. Each option entitles the holder to purchase one common share of the Company at the price of $1.00 per share.
The options are granted pursuant to the Company's incentive stock option plan and under the plan are available for exercise for a period of five years.
Focus Metals Contracts with RPA for Mine Design and Engineering for the Lac Knife Graphite Property
OTTAWA, ONTARIO--(Marketwire - May 6, 2011) - Focus Metals Inc. (TSV VENTURE:FMS) announced today it has retained the services of mining engineers and consultants Roscoe Postle Associates (RPA), to commence work on the mine design and engineering for Focus Metals' Lac Knife, Quebec flake graphite property.
RPA is an internationally-recognized expert in mine and infrastructure design, including construction and mine operations, cost assessment, process design and administration in Canada, the United States and Europe.
RPA's team is headed by Mr. Marc Lavigne. Mr. Lavigne was a key member of the consulting team that was hired by Lac Knife's original owner, the Mazarin Mining Corporation, Inc. to undertake the first Lac Knife graphite feasibility in 1989.
"Our agreement with RPA – one of the most highly respected Canadian mining consultants in the world – brings us another step closer to production of our large flake graphite property," said Gary Economo, President and CEO of Focus Metals Inc.
"Of particular note is that RPA's design and engineering team is headed by Mr. Marc Lavigne, who has extensive first-hand experience with our Lac Knife property," Mr. Economo said.
"This agreement signed today with RPA is a major step forward for us as our NI 43-101 resource calculation and scoping studies are nearing completion," he said.
Mr. Economo said that under the terms of the agreement, RPA will provide the mine design and engineering plans to bring Lac Knife's 8.1 million tons of natural flake graphite into production, including processing, transportation and infrastructure, administration and mine and environmental management.
Mr. Lavigne is a mining engineer and project manager with extensive domestic and international open pit and underground mining experience. He holds a Masters of Sciences from Laval University, and is a member of the Order of Engineers of Quebec and a member of the Canadian Institute of Mining and Metallurgy.
In other news:
The Company also announces the granting of options to purchase in the aggregate 1,725,000 common shares of the Company to certain directors, officers, employees and consultants. Each option entitles the holder to purchase one common share of the Company at the price of $1.00 per share.
The options are granted pursuant to the Company's incentive stock option plan and under the plan are available for exercise for a period of five years.
Junior miner surges on graphite mine design work
Stockhouse Canadian Small and Micro-cap Stock Report for Friday, May 6, 2011
TORONTO (SHfn) – Focus Metals (TSX: V.FMS, Stock Forum) shares climbed 15% to 94 cents on
Friday after the micro cap miner reported that it has retained the services of mining engineers and
consultants Roscoe Postle Associates (RPA) to begin work on the mine design and engineering for its
Lac Knife, Quebec flake graphite property.
"This agreement signed today with RPA is a major step forward for us as our NI 43-101 resource
calculation and scoping studies are nearing completion," said Focus Metals President and CEO Gary
Economo.
http://www.stockhouse.com/Community-News/2011/May/6/Junior-miner-surges-on-graphite-mine-design-work
Stockhouse Canadian Small and Micro-cap Stock Report for Friday, May 6, 2011
TORONTO (SHfn) – Focus Metals (TSX: V.FMS, Stock Forum) shares climbed 15% to 94 cents on
Friday after the micro cap miner reported that it has retained the services of mining engineers and
consultants Roscoe Postle Associates (RPA) to begin work on the mine design and engineering for its
Lac Knife, Quebec flake graphite property.
"This agreement signed today with RPA is a major step forward for us as our NI 43-101 resource
calculation and scoping studies are nearing completion," said Focus Metals President and CEO Gary
Economo.
http://www.stockhouse.com/Community-News/2011/May/6/Junior-miner-surges-on-graphite-mine-design-work
Focus Metals Closes $20 Million Bought Deal Private Placement
May 12, 2011 (Marketwire) --
OTTAWA, ONTARIO -- (Marketwire) -- 05/12/11 --
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
Focus Metals Inc. (TSX VENTURE:FMS) (the "Company") is pleased to announce the closing of the $20 million bought deal private placement (the "Offering") previously announced on April 15, 2011. The Offering was completed by a syndicate of underwriters led by Cormark Securities Inc., and included Byron Capital Markets Ltd. and Desjardins Securities Inc. (collectively, the "Underwriters").
Under the terms of the Offering, the Underwriters purchased 15,000,000 units of the Company (the "Units") at a price of $1.00 per Unit and exercised their option to acquire an additional 5,000,000 Units at the same price, for gross proceeds to the Company of $20 million.
Each Unit consists of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant is exercisable at any time for one common share at a price of $1.25 per common share until May 13, 2013.
The net proceeds of the offering will be used by the Company for drilling, completion of the NI 43-101 compliant resource estimate and scoping study and procurement of long lead items at the Lac Knife Graphite Project, potential acquisitions, working capital and general corporate purposes.
In connection with the offering, the Company paid the Underwriters a total fee of $1,200,000, equal to 6% of the funds raised, and issued to the Underwriters, as additional compensation, a total of 1,200,000 non transferable broker warrants, each broker warrant entitling the holder thereof to acquire the same number of Units at a price of $1.00 per Unit until May 13, 2013.
All securities issued under the Offering are subject to a four (4) month plus one day hold period expiring on September 13, 2011.
The securities described herein have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States unless registered under the Act or unless an exemption from registration is available.
May 12, 2011 (Marketwire) --
OTTAWA, ONTARIO -- (Marketwire) -- 05/12/11 --
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
Focus Metals Inc. (TSX VENTURE:FMS) (the "Company") is pleased to announce the closing of the $20 million bought deal private placement (the "Offering") previously announced on April 15, 2011. The Offering was completed by a syndicate of underwriters led by Cormark Securities Inc., and included Byron Capital Markets Ltd. and Desjardins Securities Inc. (collectively, the "Underwriters").
Under the terms of the Offering, the Underwriters purchased 15,000,000 units of the Company (the "Units") at a price of $1.00 per Unit and exercised their option to acquire an additional 5,000,000 Units at the same price, for gross proceeds to the Company of $20 million.
Each Unit consists of one common share of the Company and one-half of one common share purchase warrant. Each whole warrant is exercisable at any time for one common share at a price of $1.25 per common share until May 13, 2013.
The net proceeds of the offering will be used by the Company for drilling, completion of the NI 43-101 compliant resource estimate and scoping study and procurement of long lead items at the Lac Knife Graphite Project, potential acquisitions, working capital and general corporate purposes.
In connection with the offering, the Company paid the Underwriters a total fee of $1,200,000, equal to 6% of the funds raised, and issued to the Underwriters, as additional compensation, a total of 1,200,000 non transferable broker warrants, each broker warrant entitling the holder thereof to acquire the same number of Units at a price of $1.00 per Unit until May 13, 2013.
All securities issued under the Offering are subject to a four (4) month plus one day hold period expiring on September 13, 2011.
The securities described herein have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States unless registered under the Act or unless an exemption from registration is available.
Focus Metals to Expand Drilling at its Lac Knife Graphite Property
Jun. 30, 2011 (Marketwire Canada) --
OTTAWA, ONTARIO -- Focus Metals Inc. (TSX VENTURE:FMS) announced today it will upgrade its summer operational schedule to further define and expand its graphite resource at its Lac Knife, Quebec, property.
The purpose of the new drilling program is to meet two specific objectives; place historic resource calculations in a 43-101 framework, and; obtain significant graphite samples for potential offtake partners.
"Ultimately, this will enable us to determine how large the resource is," said Gary Economo, President and CEO of Focus Metals Inc. "It also fits our customer-driven business strategy.
"This financially responsible decision should satisfy the interests of regulators with an updated 43-101; potential customers with sufficient samples, and; shareholders with greater potential for long-term value," Mr. Economo said.
Samples will be sent to those potential offtake partners in the United States, Europe and China, Mr. Economo said, adding: "It made sense to reap the benefits that expanded drilling brings."
Samples will be drilled out by large-bore machines to depths of up to 300 meters – almost twice the depth of previous drilling - while new areas will be drilled on the southern portion of the Lac Knife property.
The bulk of those samples will be processed to 95%, while a portion of those samples will be purified to 99.9% for some customers.
Mr. Economo said that unlike precious metals, the true economic value of technology grade graphite is dependent on the specifications of the end users.
The graphite on Focus Metals' property varies from eight percent to over 40 percent grade and can be mined more efficiently when a more complete data picture from drilling is completed this summer.
Additionally, Mr. Economo said, it is prudent at this time to drill more holes and deeper holes in order to develop the company's mine plan.
The Lac Knife crystalline flake graphite property has undergone two pre-NI 43-101 feasibility studies since 1989.
Last year, Focus Metals awarded a contract to Roche Consulting Group Ltd to undertake a technical and environmental due diligence on the property. Roche's mandate was to evaluate the correlation between the historical resource estimate and new 2010-11 drilling estimates.
An NI 43-101 technical report including a compliant resource calculation was due for publication in the summer of 2011. That report will incorporate the new drilling results.
Roche was also contracted to produce a Preliminary Economic Assessment in tandem with the NI43-101 compliant resource calculation. An enhanced new drilling program may alter results from work already undertaken.
Jun. 30, 2011 (Marketwire Canada) --
OTTAWA, ONTARIO -- Focus Metals Inc. (TSX VENTURE:FMS) announced today it will upgrade its summer operational schedule to further define and expand its graphite resource at its Lac Knife, Quebec, property.
The purpose of the new drilling program is to meet two specific objectives; place historic resource calculations in a 43-101 framework, and; obtain significant graphite samples for potential offtake partners.
"Ultimately, this will enable us to determine how large the resource is," said Gary Economo, President and CEO of Focus Metals Inc. "It also fits our customer-driven business strategy.
"This financially responsible decision should satisfy the interests of regulators with an updated 43-101; potential customers with sufficient samples, and; shareholders with greater potential for long-term value," Mr. Economo said.
Samples will be sent to those potential offtake partners in the United States, Europe and China, Mr. Economo said, adding: "It made sense to reap the benefits that expanded drilling brings."
Samples will be drilled out by large-bore machines to depths of up to 300 meters – almost twice the depth of previous drilling - while new areas will be drilled on the southern portion of the Lac Knife property.
The bulk of those samples will be processed to 95%, while a portion of those samples will be purified to 99.9% for some customers.
Mr. Economo said that unlike precious metals, the true economic value of technology grade graphite is dependent on the specifications of the end users.
The graphite on Focus Metals' property varies from eight percent to over 40 percent grade and can be mined more efficiently when a more complete data picture from drilling is completed this summer.
Additionally, Mr. Economo said, it is prudent at this time to drill more holes and deeper holes in order to develop the company's mine plan.
The Lac Knife crystalline flake graphite property has undergone two pre-NI 43-101 feasibility studies since 1989.
Last year, Focus Metals awarded a contract to Roche Consulting Group Ltd to undertake a technical and environmental due diligence on the property. Roche's mandate was to evaluate the correlation between the historical resource estimate and new 2010-11 drilling estimates.
An NI 43-101 technical report including a compliant resource calculation was due for publication in the summer of 2011. That report will incorporate the new drilling results.
Roche was also contracted to produce a Preliminary Economic Assessment in tandem with the NI43-101 compliant resource calculation. An enhanced new drilling program may alter results from work already undertaken.
July 13, 2011 10:28 ET
Focus Metals Inc. Information To Be Available Through Standard & Poor's Market Access Program
OTTAWA, ONTARIO --(Marketwire - July 13, 2011) - Focus Metals Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF) announced today that its company information will be made available via Standard & Poor's Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor's MarketScope Advisor.
The company information to be made available through this program includes share price, volume, dividends, shares outstanding, company financial position, and earnings. Standard & Poor's MarketScope Advisor is an Internet-based research engine used by more than 100,000 investment advisors. A public version of the site is available at www.marketscope.com.
In addition, information about companies in Standard & Poor's Market Access Program will be available via S&P's Stock Guide database, which is distributed electronically to virtually all major quote vendors. As part of the program, a full description of Focus will also be published in the Daily News section of Standard Corporation Records, a recognized securities manual for secondary trading in up to 38 states under their Blue Sky Laws.
Focus Metals Inc. Information To Be Available Through Standard & Poor's Market Access Program
OTTAWA, ONTARIO --(Marketwire - July 13, 2011) - Focus Metals Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF) announced today that its company information will be made available via Standard & Poor's Market Access Program, an information distribution service that enables subscribing publicly traded companies to have their company information disseminated to users of Standard & Poor's MarketScope Advisor.
The company information to be made available through this program includes share price, volume, dividends, shares outstanding, company financial position, and earnings. Standard & Poor's MarketScope Advisor is an Internet-based research engine used by more than 100,000 investment advisors. A public version of the site is available at www.marketscope.com.
In addition, information about companies in Standard & Poor's Market Access Program will be available via S&P's Stock Guide database, which is distributed electronically to virtually all major quote vendors. As part of the program, a full description of Focus will also be published in the Daily News section of Standard Corporation Records, a recognized securities manual for secondary trading in up to 38 states under their Blue Sky Laws.
Focus Metals, Inc. Joins OTCQX
PR Newswire
NEW YORK, July 14, 2011
NEW YORK, July 14, 2011/PRNewswire/ -- OTC Markets Group Inc.(OTCQX: OTCM), the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Focus Metals, Inc.(OTCQX: FCSMF; TSX.V: FMS), a mid-tier, junior exploration and mining company, is now trading on the highest tier of the OTC market, OTCQX.
(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO)
Focus Metals began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcqx.comand www.otcmarkets.com.
"OTCQX companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Focus Metals to OTCQX."
Berenbaum Weinshienk PC will serve as Focus Metals' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
PR Newswire
NEW YORK, July 14, 2011
NEW YORK, July 14, 2011/PRNewswire/ -- OTC Markets Group Inc.(OTCQX: OTCM), the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Focus Metals, Inc.(OTCQX: FCSMF; TSX.V: FMS), a mid-tier, junior exploration and mining company, is now trading on the highest tier of the OTC market, OTCQX.
(Logo: http://photos.prnewswire.com/prnh/20110118/MM31963LOGO)
Focus Metals began trading today on the OTC market's prestigious tier, OTCQX International. Investors can find current financial disclosure and Real-Time Level 2 quotes for the Company on www.otcqx.comand www.otcmarkets.com.
"OTCQX companies demonstrate their commitment to providing superior information to investors and maintaining the highest quality standards," said R. Cromwell Coulson, President and Chief Executive Officer of OTC Markets Group. "We are pleased to welcome Focus Metals to OTCQX."
Berenbaum Weinshienk PC will serve as Focus Metals' Principal American Liaison ("PAL") on OTCQX, responsible for providing guidance on OTCQX requirements and U.S. securities laws.
Focus Metals Inc. Appoints Mr. Tony Brisson VP-Exploration; Incorporates Grafoid, Inc., and; Announces Its Purchase of 200 Mining Claims in Quebec
OTTAWA, ONTARIO--(Marketwire - Sept. 9, 2011) - Mr. Gary Economo, President and CEO, Focus Metals Inc., (TSX VENTURE:FMS)(OTCQX:FCSMF) announced today the appointment of Mr. Tony Brisson, P.Geo., as Vice-President, Exploration. Mr. Brisson's appointment is effective immediately.
"Mr. Brisson's addition to Focus Metals' management, particularly his strong mining and mine development background in Quebec and abroad, brings additional strength to our core management team as we begin to implement our longer-term corporate agenda," Mr. Economo said.
"Mr. Brisson's exploration and mine development skills and experience dovetail with our current mission to expand and enhance our understanding of our Lac Knife, Quebec graphite property and our future domestic and international acquisitions," Mr. Economo said.
A former recipient of the Quebec Exploration Mining Association's Prospector of the Year award, Mr. Brisson assumes his responsibilities with Focus Metal after serving seven years as VP Exploration, Cogitore Resources Inc.
Mr. Brisson holds a B.Sc. Geology degree from the University Du Quebec a Chicoutimi.
His previous experience includes nine years with Cambior Inc., as an exploration and mining geologist and he has held various senior mining management positions with Breakwater Resources Ltd., and Campbell Resources Inc.
Mr. Brisson lives in Rouyn-Noranda.
Incorporation of Grafoid Inc.
On behalf of the partners, Mr. Gary Economo, President and CEO, Focus Metals Inc., is pleased to announce the incorporation in Ontario of Grafoid Inc., Focus Metals graphene development and patenting joint venture.
The officers of Grafoid Inc. are:
Chairman Secretary Treasurer: Jeff York
President CEO: Gary Economo
Vice-President: Dr. Gordon Chiu
Acquisition of Quebec Mining Claims
The Company is pleased to announce it has entered into an agreement to purchase approximately 200 mining claims located in the Province of Quebec.
The purchase of the strategically-located claims are in line with the Company's previously stated intention of expanding its property portfolio.
In consideration for the purchase, the Company agrees to pay the vendors CDN $125,000 and, subject to TSX Venture Exchange (the "Exchange") approval, issue the vendors in the aggregate 375,000 common shares in the capital of the Company.
The purchase agreement also provides the Company with a right of first refusal to purchase any exploration and/or mining permits, leases, rights, claims subsequently acquired within the area by the vendors.
OTTAWA, ONTARIO--(Marketwire - Sept. 9, 2011) - Mr. Gary Economo, President and CEO, Focus Metals Inc., (TSX VENTURE:FMS)(OTCQX:FCSMF) announced today the appointment of Mr. Tony Brisson, P.Geo., as Vice-President, Exploration. Mr. Brisson's appointment is effective immediately.
"Mr. Brisson's addition to Focus Metals' management, particularly his strong mining and mine development background in Quebec and abroad, brings additional strength to our core management team as we begin to implement our longer-term corporate agenda," Mr. Economo said.
"Mr. Brisson's exploration and mine development skills and experience dovetail with our current mission to expand and enhance our understanding of our Lac Knife, Quebec graphite property and our future domestic and international acquisitions," Mr. Economo said.
A former recipient of the Quebec Exploration Mining Association's Prospector of the Year award, Mr. Brisson assumes his responsibilities with Focus Metal after serving seven years as VP Exploration, Cogitore Resources Inc.
Mr. Brisson holds a B.Sc. Geology degree from the University Du Quebec a Chicoutimi.
His previous experience includes nine years with Cambior Inc., as an exploration and mining geologist and he has held various senior mining management positions with Breakwater Resources Ltd., and Campbell Resources Inc.
Mr. Brisson lives in Rouyn-Noranda.
Incorporation of Grafoid Inc.
On behalf of the partners, Mr. Gary Economo, President and CEO, Focus Metals Inc., is pleased to announce the incorporation in Ontario of Grafoid Inc., Focus Metals graphene development and patenting joint venture.
The officers of Grafoid Inc. are:
Chairman Secretary Treasurer: Jeff York
President CEO: Gary Economo
Vice-President: Dr. Gordon Chiu
Acquisition of Quebec Mining Claims
The Company is pleased to announce it has entered into an agreement to purchase approximately 200 mining claims located in the Province of Quebec.
The purchase of the strategically-located claims are in line with the Company's previously stated intention of expanding its property portfolio.
In consideration for the purchase, the Company agrees to pay the vendors CDN $125,000 and, subject to TSX Venture Exchange (the "Exchange") approval, issue the vendors in the aggregate 375,000 common shares in the capital of the Company.
The purchase agreement also provides the Company with a right of first refusal to purchase any exploration and/or mining permits, leases, rights, claims subsequently acquired within the area by the vendors.
Focus Metals Inc.: Grafoid Inc. und Rutgers University unterzeichnen Absichtserklärung für die gemeinsame Entwicklung und Vermarktung von Anwendungen für Technologiegraphen auf Polymer- und Nichtpolymerbasis aus Graphit aus dem Focus Metals-Projekt Lac Knife
Ottawa -- Gary Economo, President und CEO von Focus Metals Inc. (TSX-V: FMS; OTCQX: FCSMF; GR: FKC) - „Focus Metals" - und Grafoid Inc. - „Grafoid" - hat heute bekannt gegeben, dass Grafoid Inc. und das AMIPP Advanced Polymer Center der Rutgers University eine Absichtserklärung (MOU) zur gemeinsamen Entwicklung von technologischen Anwendungen für Graphen auf Polymer- und Nichtpolymerbasis unterzeichnet haben.
Focus Metals ist der Lead Partner von Grafoid Inc., einem privaten Joint Venture zur Entwicklung und Patentierung von Graphen.
Die Rutgers University - ein fortschrittliches Materialforschungszentrum, das mit der Industrie zum Zwecke der Vermarktung neuer Technologien zusammenarbeitet - erklärt sich im Rahmen dieses Abkommens bereit, die erforderlichen Forschungs- und interdisziplinären Laboreinrichtungen zur Verfügung zu stellen.
Grafoid Inc. stellt seinerseits die Mitarbeiter, die aus dem Focus Metals-Projekt Lac Knife stammenden und für die Graphenherstellung notwendigen Graphitressourcen und den Erfahrungsschatz im Zusammenhang mit Graphen für Forschung- und Entwicklungszwecke bereit.
Die Vereinbarung wurde von Herrn Economo in seiner Funktion als President von Grafoid Inc. und Professor Thomas Nosker, dem Forschungsleiter der Advanced Polymer Materials School of Engineering an der Rutgers University, unterzeichnet.
Herr Economo sagte, für die Rutgers University sei dies die erste Absichtserklärung dieser Art und für Focus Metals ein Durchbruch in der Entwicklung von Graphen. Die erste Untersuchung der Graphitvorkommen im Konzessionsgebiets Lac Knife führte Dr. Gordon Chiu, Vice President und wissenschaftlicher Leiter von Grafoid, anhand von Stichproben durch.
„Die von Dr. Chiu bisher umgesetzten Forschungs- und Entwicklungsaktivitäten im Zusammenhang mit Graphen treten nun in eine neue Phase ein, und wir glauben, dass dies letztendlich zum Einsatz unseres Graphens für industrielle Anwendungen führen wird", sagte Herr Economo.
„Im Zuge der fortschreitenden Entwicklungsaktivitäten, die wir gemeinsamen mit der Rutgers University durchführen, wird sich Grafoid allmählich nicht nur als Branchenführer bei Industrie- und Infrastrukturanwendungen etablieren, sondern auch in anderen Bereichen, in denen ein Bedarf an Graphen besteht, wie z.B. im Verteidigungssektor, in der Luft- und Seefahrt und in anderen zukunftsträchtigen Branchen", fügte er hinzu.
Seitens AMIPP (Advanced Materials via Immiscible Polymer Processing) meinte Professor Nosker, die Zusammenarbeit werde großartige Möglichkeiten eröffnen.
„Ich freue mich sehr, dass wir hier die Gelegenheit bekommen, im Rahmen der Forschungsarbeiten zur Entwicklung von Anwendungsbereichen für den hochwertigen Graphit aus dem Projekt Lac Knife in Kanada eine führende Rolle zu übernehmen", sagte er.
„Dieses Material, das sich innerhalb einer eruptiven Gesteinsformation vor Millionen von Jahren gebildet hat, weist eine extrem hohe elektrische Leitfähigkeit auf und deutet auf die perfekte Beschaffenheit der Graphitkristalle hin.
„Für diese Stoffe stehen viele technische Einsatzbereiche offen, die nur darauf warten, entdeckt zu werden", fügte Prof. Nosker hinzu.
Dr. Chiu wies im Rahmen seiner Erläuterungen weiters darauf hin, dass sich zurzeit die meisten wissenschaftlichen Forschungsinstitute der Welt mit der Entdeckung von Graphen bzw. hochwertigem zweidimensionalen Graphit in seiner reinsten, ursprünglichsten Form beschäftigen.
„Das AMIPP der Rutgers University ist ein bundesweit anerkanntes Zentrum für Polymerforschung und deren Interesse an den Ressourcen von Focus Metals deckt sich mit meinen eigenen wissenschaftlichen Entdeckungen", sagte Dr. Chiu.
„Die Wahrscheinlichkeit ist sehr hoch, dass der Graphit aus Lac Knife im Bereich neuer Entdeckungen im Zusammenhang mit Hybridstoffen und einzigartigen wirtschaftlichen Verfahren zum Einsatz kommt", sagte Dr. Chiu.
Insgesamt, meinte Herr Economo, sei die Absichtserklärung ein weiterer Schritt für Focus Metals, seine Unternehmensvision umzusetzen und ein Unternehmen zu schaffen, das den gesamten Produktkreislauf von der Förderung der Rohstoffe über deren Vermarktung bis hin zu deren Einsatz in Technik und Industrie abdeckt.
„Für die Aktionäre von Focus Metals könnte die Wertschöpfung im Zusammenhang mit Graphen langfristig eine weitere Einnahmequelle aus dem Graphitprojekt Lac Knife bedeuten", sagte Herr Economo.
„Wir befinden uns in einer einzigartigen Position. Sowohl kurz- als auch langfristig ist es unser Ziel, uns als Marktführer für Graphit und Graphen zu etablieren", sagte er. „Unser Abkommen mit der Rutgers University bringt uns zumindest einem dieser Ziele einen entscheidenden Schritt näher."
Das im Jahr 2004 erstmals entdeckte Graphen ist ein zweidimensionaler, extrem dünner Kohlenstoff, der aus Graphit hergestellt wird. Es ist härter als Diamant, hitzebeständig und vor allem elektrisch leitfähig.
Graphen wurde als „neues Silikon" beschrieben und hat in der Wissenschaft weltweit großes Echo hervorgerufen, da es erstmalig die Möglichkeit bietet, kommerzielle Anwendungen in praktisch allen wissenschaftlichen Bereichen und Disziplinen zu erforschen.
Die ersten kommerziellen Anwendungen von Graphen könnten bereits 2012 in Touch-Screen-Computern Wirklichkeit werden. Daneben werden aber auch Einsatzmöglichkeiten in der Telekommunikation, im militärischen IT-Bereich (Transistoren und Superkondensatoren), in der Luftfahrt, in der Automobilindustrie, in der Medizin und im Bereich der erneuerbaren Energien erforscht.
Grafoid wird in Zusammenarbeit mit AMIPP von der Rutgers University seine Forschungsaktivitäten zunächst vor allem auf die Bereiche Infrastruktur, Luftfahrt, Automobilindustrie und ähnliche Einsatzgebiete konzentrieren.
Die in dieser Pressemeldung enthaltenen Fachinformationen zum Projekt Lac Knife wurden von Tony Brisson, P. Geo., Vice President für Exploration bei Focus Metals Inc., in seiner Funktion als qualifizierter Sachverständiger gemäß National Instrument 43-101 geprüft.
Über Focus Metals Inc.
Focus Metals Inc. ist ein aufstrebendes, mittelständisches Junior-Bergbauunternehmen und ein Entwickler und Anbieter von Technologielösungen und Geschäftsinnovationen. Das Unternehmen besitzt die weltweit hochgradigsten (ungefähr 17 %) Graphitressourcen für den technologischen Einsatzbereich. Ziel des Unternehmens ist es, eine marktführende Stellung als kostengünstigster Produzent von hochwertigem Technologiegraphit zu werden. Als technologisch orientiertes Unternehmen, das sich zum Ziel gesetzt hat, seinen Aktionären langfristig solide Werte zu sichern, ist Focus Metals durch Grafoid Inc. an der Entwicklung von Graphenanwendungen und -patenten beteiligt.
Über Grafoid Inc.
Grafoid Inc. ist ein privater kanadischer Joint Venture, der gegründet wurde, um kommerzielle Anwendungen und Patente für den Einsatz von Graphen zu erforschen und zu entwickeln. Der dabei zum Einsatz kommende Technologiegraphit stammt ausschließlich aus dem von Focus Metals betriebenen Projekt Lac Knife in Quebec. Einer der Zielbereiche ist die Entwicklung eines einheitlichen Standards für die Massenproduktion von Graphen für industrielle Zwecke.
Die Gründer, Partner und Führungskräfte von Grafoid sind: Jeffrey York, Chairman; Gary Economo, President und CEO; und Dr. Gordon Chiu, Vice President und wissenschaftlicher Leiter. Chief Financial Officer (CFO) ist Judith Mazvihwa-Maclean. In der Satzung des Unternehmens wurde die Eigentümerstruktur folgendermaßen festgelegt: Focus Metals 40 %, Jeffrey York 20 %, Gary Economo 20 %, und Dr. Gordon Chiu 20 %. Dank dieser Struktur ist es für Focus Metals möglich, weitere Forschungsarbeiten durchzuführen und letztendlich von den sich dadurch bietenden Chancen für die Herstellung und gezielte Vermarktung von Graphen zu profitieren ohne dabei das vorrangige Unternehmensziel, nämlich die Erschließung des Konzessionsgebiets Lac Knife, zu vernachlässigen.
IRW-Press, 02.12.11 - 13:23 Uhr
Ottawa -- Gary Economo, President und CEO von Focus Metals Inc. (TSX-V: FMS; OTCQX: FCSMF; GR: FKC) - „Focus Metals" - und Grafoid Inc. - „Grafoid" - hat heute bekannt gegeben, dass Grafoid Inc. und das AMIPP Advanced Polymer Center der Rutgers University eine Absichtserklärung (MOU) zur gemeinsamen Entwicklung von technologischen Anwendungen für Graphen auf Polymer- und Nichtpolymerbasis unterzeichnet haben.
Focus Metals ist der Lead Partner von Grafoid Inc., einem privaten Joint Venture zur Entwicklung und Patentierung von Graphen.
Die Rutgers University - ein fortschrittliches Materialforschungszentrum, das mit der Industrie zum Zwecke der Vermarktung neuer Technologien zusammenarbeitet - erklärt sich im Rahmen dieses Abkommens bereit, die erforderlichen Forschungs- und interdisziplinären Laboreinrichtungen zur Verfügung zu stellen.
Grafoid Inc. stellt seinerseits die Mitarbeiter, die aus dem Focus Metals-Projekt Lac Knife stammenden und für die Graphenherstellung notwendigen Graphitressourcen und den Erfahrungsschatz im Zusammenhang mit Graphen für Forschung- und Entwicklungszwecke bereit.
Die Vereinbarung wurde von Herrn Economo in seiner Funktion als President von Grafoid Inc. und Professor Thomas Nosker, dem Forschungsleiter der Advanced Polymer Materials School of Engineering an der Rutgers University, unterzeichnet.
Herr Economo sagte, für die Rutgers University sei dies die erste Absichtserklärung dieser Art und für Focus Metals ein Durchbruch in der Entwicklung von Graphen. Die erste Untersuchung der Graphitvorkommen im Konzessionsgebiets Lac Knife führte Dr. Gordon Chiu, Vice President und wissenschaftlicher Leiter von Grafoid, anhand von Stichproben durch.
„Die von Dr. Chiu bisher umgesetzten Forschungs- und Entwicklungsaktivitäten im Zusammenhang mit Graphen treten nun in eine neue Phase ein, und wir glauben, dass dies letztendlich zum Einsatz unseres Graphens für industrielle Anwendungen führen wird", sagte Herr Economo.
„Im Zuge der fortschreitenden Entwicklungsaktivitäten, die wir gemeinsamen mit der Rutgers University durchführen, wird sich Grafoid allmählich nicht nur als Branchenführer bei Industrie- und Infrastrukturanwendungen etablieren, sondern auch in anderen Bereichen, in denen ein Bedarf an Graphen besteht, wie z.B. im Verteidigungssektor, in der Luft- und Seefahrt und in anderen zukunftsträchtigen Branchen", fügte er hinzu.
Seitens AMIPP (Advanced Materials via Immiscible Polymer Processing) meinte Professor Nosker, die Zusammenarbeit werde großartige Möglichkeiten eröffnen.
„Ich freue mich sehr, dass wir hier die Gelegenheit bekommen, im Rahmen der Forschungsarbeiten zur Entwicklung von Anwendungsbereichen für den hochwertigen Graphit aus dem Projekt Lac Knife in Kanada eine führende Rolle zu übernehmen", sagte er.
„Dieses Material, das sich innerhalb einer eruptiven Gesteinsformation vor Millionen von Jahren gebildet hat, weist eine extrem hohe elektrische Leitfähigkeit auf und deutet auf die perfekte Beschaffenheit der Graphitkristalle hin.
„Für diese Stoffe stehen viele technische Einsatzbereiche offen, die nur darauf warten, entdeckt zu werden", fügte Prof. Nosker hinzu.
Dr. Chiu wies im Rahmen seiner Erläuterungen weiters darauf hin, dass sich zurzeit die meisten wissenschaftlichen Forschungsinstitute der Welt mit der Entdeckung von Graphen bzw. hochwertigem zweidimensionalen Graphit in seiner reinsten, ursprünglichsten Form beschäftigen.
„Das AMIPP der Rutgers University ist ein bundesweit anerkanntes Zentrum für Polymerforschung und deren Interesse an den Ressourcen von Focus Metals deckt sich mit meinen eigenen wissenschaftlichen Entdeckungen", sagte Dr. Chiu.
„Die Wahrscheinlichkeit ist sehr hoch, dass der Graphit aus Lac Knife im Bereich neuer Entdeckungen im Zusammenhang mit Hybridstoffen und einzigartigen wirtschaftlichen Verfahren zum Einsatz kommt", sagte Dr. Chiu.
Insgesamt, meinte Herr Economo, sei die Absichtserklärung ein weiterer Schritt für Focus Metals, seine Unternehmensvision umzusetzen und ein Unternehmen zu schaffen, das den gesamten Produktkreislauf von der Förderung der Rohstoffe über deren Vermarktung bis hin zu deren Einsatz in Technik und Industrie abdeckt.
„Für die Aktionäre von Focus Metals könnte die Wertschöpfung im Zusammenhang mit Graphen langfristig eine weitere Einnahmequelle aus dem Graphitprojekt Lac Knife bedeuten", sagte Herr Economo.
„Wir befinden uns in einer einzigartigen Position. Sowohl kurz- als auch langfristig ist es unser Ziel, uns als Marktführer für Graphit und Graphen zu etablieren", sagte er. „Unser Abkommen mit der Rutgers University bringt uns zumindest einem dieser Ziele einen entscheidenden Schritt näher."
Das im Jahr 2004 erstmals entdeckte Graphen ist ein zweidimensionaler, extrem dünner Kohlenstoff, der aus Graphit hergestellt wird. Es ist härter als Diamant, hitzebeständig und vor allem elektrisch leitfähig.
Graphen wurde als „neues Silikon" beschrieben und hat in der Wissenschaft weltweit großes Echo hervorgerufen, da es erstmalig die Möglichkeit bietet, kommerzielle Anwendungen in praktisch allen wissenschaftlichen Bereichen und Disziplinen zu erforschen.
Die ersten kommerziellen Anwendungen von Graphen könnten bereits 2012 in Touch-Screen-Computern Wirklichkeit werden. Daneben werden aber auch Einsatzmöglichkeiten in der Telekommunikation, im militärischen IT-Bereich (Transistoren und Superkondensatoren), in der Luftfahrt, in der Automobilindustrie, in der Medizin und im Bereich der erneuerbaren Energien erforscht.
Grafoid wird in Zusammenarbeit mit AMIPP von der Rutgers University seine Forschungsaktivitäten zunächst vor allem auf die Bereiche Infrastruktur, Luftfahrt, Automobilindustrie und ähnliche Einsatzgebiete konzentrieren.
Die in dieser Pressemeldung enthaltenen Fachinformationen zum Projekt Lac Knife wurden von Tony Brisson, P. Geo., Vice President für Exploration bei Focus Metals Inc., in seiner Funktion als qualifizierter Sachverständiger gemäß National Instrument 43-101 geprüft.
Über Focus Metals Inc.
Focus Metals Inc. ist ein aufstrebendes, mittelständisches Junior-Bergbauunternehmen und ein Entwickler und Anbieter von Technologielösungen und Geschäftsinnovationen. Das Unternehmen besitzt die weltweit hochgradigsten (ungefähr 17 %) Graphitressourcen für den technologischen Einsatzbereich. Ziel des Unternehmens ist es, eine marktführende Stellung als kostengünstigster Produzent von hochwertigem Technologiegraphit zu werden. Als technologisch orientiertes Unternehmen, das sich zum Ziel gesetzt hat, seinen Aktionären langfristig solide Werte zu sichern, ist Focus Metals durch Grafoid Inc. an der Entwicklung von Graphenanwendungen und -patenten beteiligt.
Über Grafoid Inc.
Grafoid Inc. ist ein privater kanadischer Joint Venture, der gegründet wurde, um kommerzielle Anwendungen und Patente für den Einsatz von Graphen zu erforschen und zu entwickeln. Der dabei zum Einsatz kommende Technologiegraphit stammt ausschließlich aus dem von Focus Metals betriebenen Projekt Lac Knife in Quebec. Einer der Zielbereiche ist die Entwicklung eines einheitlichen Standards für die Massenproduktion von Graphen für industrielle Zwecke.
Die Gründer, Partner und Führungskräfte von Grafoid sind: Jeffrey York, Chairman; Gary Economo, President und CEO; und Dr. Gordon Chiu, Vice President und wissenschaftlicher Leiter. Chief Financial Officer (CFO) ist Judith Mazvihwa-Maclean. In der Satzung des Unternehmens wurde die Eigentümerstruktur folgendermaßen festgelegt: Focus Metals 40 %, Jeffrey York 20 %, Gary Economo 20 %, und Dr. Gordon Chiu 20 %. Dank dieser Struktur ist es für Focus Metals möglich, weitere Forschungsarbeiten durchzuführen und letztendlich von den sich dadurch bietenden Chancen für die Herstellung und gezielte Vermarktung von Graphen zu profitieren ohne dabei das vorrangige Unternehmensziel, nämlich die Erschließung des Konzessionsgebiets Lac Knife, zu vernachlässigen.
IRW-Press, 02.12.11 - 13:23 Uhr
Focus Metals Reports 43-101 Mineral Resource Calculation for its Lake Knife, Quebec, Graphite Property
OTTAWA, ONTARIO -- (Marketwire) -- 12/05/11 -- Focus Metals Inc. (TSX VENTURE: FMS)(OTCQX: FCSMF)(FRANKFURT: FKC) (the "Company") is pleased to report the results of the mineral resource estimate for its 100% owned Lake Knife Project near Fermont, Quebec.
The graphite mineral resource estimate was prepared by Edward Lyons, P.Geo. and Guy Saucier, Eng., independent Qualified Persons of Roche Ltd. ("Roche"). A Technical Report in compliance with National Instrument NI 43-101 will be filed on SEDAR within 45 days of this release. They have verified the information in this news release.
Mineral Resource Estimation
The new mineral resource estimate is based on the 105 drill holes (total 8,611 metres) drilled by Mazarin. Both the historical and modern data were used. Five zones were interpreted and modeled within the revised interpretation of the resource calculation. The block model was developed using GEMS software by Gemcom. Blocks are 5 metres long, 7 metres wide and 5 metres high. A cut-off of 5% Cgr (carbon as graphite) was used.
--------------------------------------------------------------
Category Tonnage Grade (%Cgr)
--------------------------------------------------------------
Measured 637,250 15.59
Indicated 4,334,890 15.68
Total (M+I) 4,972,140 15.67
Inferred 3,000,225 15.58
--------------------------------------------------------------
-- Measured and indicated resources totalling 4.97 million tonnes grading
15.67% Cgr.;
-- Inferred resources of 3 million tonnes grading 15.58% Cgr.;
-- Five different zones are included in the resource calculation; all zones
start from surface to a maximum depth of 125 metres with a total
extension of 350 metres by 650 metres; all zones remain open in all
directions; inferred resources can be upgraded to indicated resource
after completion of in-fill diamond drill holes.
-- Values displayed in this table are undiluted and "in-situ" as no
economic parameters, such as mining, milling or metallurgical recovery,
have been applied to these values, and therefore they demonstrate no
economic viability.
Interpolation Parameters
The inverse distance squared was used to interpolate the block using 3-metres assay composites. Each zone had its search ellipse parameters to interpolate the grade. The parameters were based on the geological difference in the deposit model. A single value of 2.86 t/m3 density was used for all models. No capping value was applied to the assays.
To report the resource and interpret the zones limits, a cut off grade of 5% Cgr was used in the model.
To ensure a "reasonable prospect of economic extraction", a Whittle optimized mining scenario was performed by Roche assuming an overall pit slope of 45 degrees, an operating cost of $42.20 US per tonne milled (including mining and milling costs), a 95% mining recovery, a 5% mining dilution and a conservative selling price of $1,600 US/tonne of concentrate. By comparing this Whittle shell to the report resource, less than 2% of the tonnage fell outside of the "Base Case" pit shell.
Classification
The classification of the resource was performed with three different passes. The following constraints were placed on each pass for the Measured, Indicated and Inferred Categories:
-- Measured: Blocks surrounding the drill holes in a 5 metres diameter
sphere. This category was only applied to zones (three out of five
zones) with good continuity and drilling spacing at 25 metres.
-- Indicated: An ellipse of 30 metres, 27 metres and 12.5 metres in the
main, major and minor axes, respectively, was used to select blocks
within the 25 metres by 25 metres drilling pattern. A minimum of 6
composites is required for this category.
-- Inferred: An ellipse of 80 metres, 75 metres and 37.5 metres in the
main, major and minor axes, respectively was used.
Twin Holes Campaign
In 2010 and 2011, in order to confirm the historical resources and the validity of the data obtained in the 1980s, eleven (11) twin drill holes were drilled. The 2010-2011 campaign was conducted under the supervision of IOS Services Geoscientifiques. A strong correlation was observed between the historical and the modern holes. The geological interpretation has been revised by Edward Lyons, P. Geo.
"This mineral resource estimate is a key milestone for Focus Metals as it lays the groundwork for a scoping study in 2012," said President and CEO, Gary Economo.
"This report validates our position that Focus Metals' Lac Knife property holds the best grade of graphite in the world," said Gary Economo. "It also establishes the regulatory benchmark for growth and development of our extraordinary property."
Mr. Economo added: "We knew of Lac Knife's potential value from the historic drilling results we inherited from its previous owners, and it formed the basis for our mine-to-market-to-technology business strategy."
Mr. Economo said an expanded, deeper and more comprehensive drilling program is planned for the spring of 2012 to update this initial resource estimate.
Mr. Tony Brisson, P. Geo., a Qualified Person as defined by NI 43-101 is responsible for the technical information contained in this release.
About Focus Metals Inc.
Focus Metals Inc. is an emerging mid-tier junior mining company, a technology solutions supplier and a business innovator. It is the owner of the highest-grade (15.7%) technology graphite resource in the world. The company's goal is to assume a dominant industry leadership position by becoming the lowest-cost producer of technology-grade graphite. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus Metals is invested in the development of graphene applications and patents through Grafoid Inc.
Forward-Looking Statements
This News Release may contain or refer to "forward-looking statements" which reflect Management's expectations regarding the Company's future growth, results of operations, performance and business prospects and opportunities. These statements reflect Management's current beliefs at the time of this news release and are based on information currently available to Management. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of the Company, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Management's expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators. While the Company anticipates that subsequent events and developments may cause its views to change, it specifically disclaims any obligation to update these forward-looking statements, except in accordance with applicable securities laws. Accordingly, readers are advised not to place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Gary Economo, President and CEO
Focus Metals Inc.
613-691-1091 ext. 101
gary@focusmentals.ca
www.focusmetals.ca
© 2011 MarketWire
OTTAWA, ONTARIO -- (Marketwire) -- 12/05/11 -- Focus Metals Inc. (TSX VENTURE: FMS)(OTCQX: FCSMF)(FRANKFURT: FKC) (the "Company") is pleased to report the results of the mineral resource estimate for its 100% owned Lake Knife Project near Fermont, Quebec.
The graphite mineral resource estimate was prepared by Edward Lyons, P.Geo. and Guy Saucier, Eng., independent Qualified Persons of Roche Ltd. ("Roche"). A Technical Report in compliance with National Instrument NI 43-101 will be filed on SEDAR within 45 days of this release. They have verified the information in this news release.
Mineral Resource Estimation
The new mineral resource estimate is based on the 105 drill holes (total 8,611 metres) drilled by Mazarin. Both the historical and modern data were used. Five zones were interpreted and modeled within the revised interpretation of the resource calculation. The block model was developed using GEMS software by Gemcom. Blocks are 5 metres long, 7 metres wide and 5 metres high. A cut-off of 5% Cgr (carbon as graphite) was used.
--------------------------------------------------------------
Category Tonnage Grade (%Cgr)
--------------------------------------------------------------
Measured 637,250 15.59
Indicated 4,334,890 15.68
Total (M+I) 4,972,140 15.67
Inferred 3,000,225 15.58
--------------------------------------------------------------
-- Measured and indicated resources totalling 4.97 million tonnes grading
15.67% Cgr.;
-- Inferred resources of 3 million tonnes grading 15.58% Cgr.;
-- Five different zones are included in the resource calculation; all zones
start from surface to a maximum depth of 125 metres with a total
extension of 350 metres by 650 metres; all zones remain open in all
directions; inferred resources can be upgraded to indicated resource
after completion of in-fill diamond drill holes.
-- Values displayed in this table are undiluted and "in-situ" as no
economic parameters, such as mining, milling or metallurgical recovery,
have been applied to these values, and therefore they demonstrate no
economic viability.
Interpolation Parameters
The inverse distance squared was used to interpolate the block using 3-metres assay composites. Each zone had its search ellipse parameters to interpolate the grade. The parameters were based on the geological difference in the deposit model. A single value of 2.86 t/m3 density was used for all models. No capping value was applied to the assays.
To report the resource and interpret the zones limits, a cut off grade of 5% Cgr was used in the model.
To ensure a "reasonable prospect of economic extraction", a Whittle optimized mining scenario was performed by Roche assuming an overall pit slope of 45 degrees, an operating cost of $42.20 US per tonne milled (including mining and milling costs), a 95% mining recovery, a 5% mining dilution and a conservative selling price of $1,600 US/tonne of concentrate. By comparing this Whittle shell to the report resource, less than 2% of the tonnage fell outside of the "Base Case" pit shell.
Classification
The classification of the resource was performed with three different passes. The following constraints were placed on each pass for the Measured, Indicated and Inferred Categories:
-- Measured: Blocks surrounding the drill holes in a 5 metres diameter
sphere. This category was only applied to zones (three out of five
zones) with good continuity and drilling spacing at 25 metres.
-- Indicated: An ellipse of 30 metres, 27 metres and 12.5 metres in the
main, major and minor axes, respectively, was used to select blocks
within the 25 metres by 25 metres drilling pattern. A minimum of 6
composites is required for this category.
-- Inferred: An ellipse of 80 metres, 75 metres and 37.5 metres in the
main, major and minor axes, respectively was used.
Twin Holes Campaign
In 2010 and 2011, in order to confirm the historical resources and the validity of the data obtained in the 1980s, eleven (11) twin drill holes were drilled. The 2010-2011 campaign was conducted under the supervision of IOS Services Geoscientifiques. A strong correlation was observed between the historical and the modern holes. The geological interpretation has been revised by Edward Lyons, P. Geo.
"This mineral resource estimate is a key milestone for Focus Metals as it lays the groundwork for a scoping study in 2012," said President and CEO, Gary Economo.
"This report validates our position that Focus Metals' Lac Knife property holds the best grade of graphite in the world," said Gary Economo. "It also establishes the regulatory benchmark for growth and development of our extraordinary property."
Mr. Economo added: "We knew of Lac Knife's potential value from the historic drilling results we inherited from its previous owners, and it formed the basis for our mine-to-market-to-technology business strategy."
Mr. Economo said an expanded, deeper and more comprehensive drilling program is planned for the spring of 2012 to update this initial resource estimate.
Mr. Tony Brisson, P. Geo., a Qualified Person as defined by NI 43-101 is responsible for the technical information contained in this release.
About Focus Metals Inc.
Focus Metals Inc. is an emerging mid-tier junior mining company, a technology solutions supplier and a business innovator. It is the owner of the highest-grade (15.7%) technology graphite resource in the world. The company's goal is to assume a dominant industry leadership position by becoming the lowest-cost producer of technology-grade graphite. As a technology-oriented enterprise with a view to building long-term, sustainable shareholder value, Focus Metals is invested in the development of graphene applications and patents through Grafoid Inc.
Forward-Looking Statements
This News Release may contain or refer to "forward-looking statements" which reflect Management's expectations regarding the Company's future growth, results of operations, performance and business prospects and opportunities. These statements reflect Management's current beliefs at the time of this news release and are based on information currently available to Management. All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of the Company, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Management's expectations are exploration risks detailed herein and from time to time in the filings made by the Company with securities regulators. While the Company anticipates that subsequent events and developments may cause its views to change, it specifically disclaims any obligation to update these forward-looking statements, except in accordance with applicable securities laws. Accordingly, readers are advised not to place undue reliance on forward-looking information.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Contacts:
Gary Economo, President and CEO
Focus Metals Inc.
613-691-1091 ext. 101
gary@focusmentals.ca
www.focusmetals.ca
© 2011 MarketWire
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Focus Metals amends stock option plan, grants options
2011-12-23 11:05 ET - News Release
Mr. Gary Economo reports
FOCUS AMENDS STOCK OPTION PLAN AND GRANTS OPTIONS
Focus Metals Inc. has approved an amendment to its stock option plan in order to increase the number of common shares reserved for issuance under the plan from 6,143,434 to 8,364,117, being 10 per cent of the corporation's issued and outstanding common shares. The increase is subject to regulatory approval.
Furthermore, the corporation announces that it has granted a total of 1.9 million options at an exercise price of 71 cents until Dec. 22, 2016, of which an amount of 200,000 has been granted to a consultant of the corporation and 1.7 million has been granted to the following directors and officers of the corporation: Gary Economo (one million), Jeff York (500,000), Francis Pomerleau (100,000) and Judith Mazvihwa (100,000). The options are subject to regulatory approval and may not be exercised until such approval has been received by the corporation.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aFMS-1914204&symbol=FMS®ion=C
2011-12-23 11:05 ET - News Release
Mr. Gary Economo reports
FOCUS AMENDS STOCK OPTION PLAN AND GRANTS OPTIONS
Focus Metals Inc. has approved an amendment to its stock option plan in order to increase the number of common shares reserved for issuance under the plan from 6,143,434 to 8,364,117, being 10 per cent of the corporation's issued and outstanding common shares. The increase is subject to regulatory approval.
Furthermore, the corporation announces that it has granted a total of 1.9 million options at an exercise price of 71 cents until Dec. 22, 2016, of which an amount of 200,000 has been granted to a consultant of the corporation and 1.7 million has been granted to the following directors and officers of the corporation: Gary Economo (one million), Jeff York (500,000), Francis Pomerleau (100,000) and Judith Mazvihwa (100,000). The options are subject to regulatory approval and may not be exercised until such approval has been received by the corporation.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aFMS-1914204&symbol=FMS®ion=C
Focus Metals Inc. beauftragt Launch IR Inc. mit der Durchführung von Investor-Relations-Dienstleistungen
OTTAWA (ONTARIO). Focus Metals Inc. („Focus" oder das „Unternehmen") freut sich bekannt zu geben, dass es Launch IR Inc. mit der Durchführung von Investor-Relations-Dienstleistungen beauftragt hat. Launch IR Inc. ist ein Investor-Relations-/Beratungsunternehmen aus Ottawa, das in engem Kontakt mit branchenführenden Investment-Unternehmen aus Kanada, den USA und Europa steht. Das Abkommen sieht eine Laufzeit von zwölf Monaten und ein monatliches Honorar in Höhe von 5.000 $ vor. Launch IR Inc. wird außerdem 300.000 Aktienoptionen erhalten, womit es die Möglichkeit hat, innerhalb von fünf Jahren dieselbe Anzahl an Stammaktien von Focus zu einem Preis von 1,00 $ pro Aktie zu erwerben.
Diese Transaktion unterliegt einer Genehmigung der TSX Venture Exchange.
Über Focus Metals Inc.
Focus Metals Inc. ist ein aufstrebendes, mittelständisches Junior-Bergbauunternehmen und ein Entwickler und Anbieter von Technologielösungen und Geschäftsinnovationen. Das Unternehmen besitzt die weltweit hochgradigsten (ungefähr 17 %) Graphitressourcen für den technologischen Einsatzbereich. Ziel des Unternehmens ist es, eine marktführende Stellung als kostengünstigster Produzent von hochwertigem Technologiegraphit zu werden. Als technologisch orientiertes Unternehmen, das sich zum Ziel gesetzt hat, seinen Aktionären langfristig solide Werte zu sichern, ist Focus Metals durch Grafoid Inc. an der Entwicklung von Graphenanwendungen und -patenten beteiligt.
Für weitere Informationen kontaktieren Sie bitte:
Gary Economo
President and Chief Executive Officer
613-691-1091 ext. 101
Weder die TSX Venture Exchange noch deren Regulierungsdienstleister (gemäß den Bestimmungen der TSX Venture Exchange) übernehmen die Verantwortung für die Richtigkeit oder Genauigkeit dieser Pressemitteilung.
Für die Richtigkeit der Übersetzung wird keine Haftung übernommen! Bitte englische Originalmeldung beachten!
IRW-Press, 02.01.12 - 9:10 Uhr
OTTAWA (ONTARIO). Focus Metals Inc. („Focus" oder das „Unternehmen") freut sich bekannt zu geben, dass es Launch IR Inc. mit der Durchführung von Investor-Relations-Dienstleistungen beauftragt hat. Launch IR Inc. ist ein Investor-Relations-/Beratungsunternehmen aus Ottawa, das in engem Kontakt mit branchenführenden Investment-Unternehmen aus Kanada, den USA und Europa steht. Das Abkommen sieht eine Laufzeit von zwölf Monaten und ein monatliches Honorar in Höhe von 5.000 $ vor. Launch IR Inc. wird außerdem 300.000 Aktienoptionen erhalten, womit es die Möglichkeit hat, innerhalb von fünf Jahren dieselbe Anzahl an Stammaktien von Focus zu einem Preis von 1,00 $ pro Aktie zu erwerben.
Diese Transaktion unterliegt einer Genehmigung der TSX Venture Exchange.
Über Focus Metals Inc.
Focus Metals Inc. ist ein aufstrebendes, mittelständisches Junior-Bergbauunternehmen und ein Entwickler und Anbieter von Technologielösungen und Geschäftsinnovationen. Das Unternehmen besitzt die weltweit hochgradigsten (ungefähr 17 %) Graphitressourcen für den technologischen Einsatzbereich. Ziel des Unternehmens ist es, eine marktführende Stellung als kostengünstigster Produzent von hochwertigem Technologiegraphit zu werden. Als technologisch orientiertes Unternehmen, das sich zum Ziel gesetzt hat, seinen Aktionären langfristig solide Werte zu sichern, ist Focus Metals durch Grafoid Inc. an der Entwicklung von Graphenanwendungen und -patenten beteiligt.
Für weitere Informationen kontaktieren Sie bitte:
Gary Economo
President and Chief Executive Officer
613-691-1091 ext. 101
Weder die TSX Venture Exchange noch deren Regulierungsdienstleister (gemäß den Bestimmungen der TSX Venture Exchange) übernehmen die Verantwortung für die Richtigkeit oder Genauigkeit dieser Pressemitteilung.
Für die Richtigkeit der Übersetzung wird keine Haftung übernommen! Bitte englische Originalmeldung beachten!
IRW-Press, 02.01.12 - 9:10 Uhr
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Focus Metals appoints Burtt to board
2012-01-05 12:31 ET - News Release
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
Mr. Gary Economo reports
FOCUS WELCOMES A NEW BOARD MEMBER
Focus Metals Inc. has appointed Chester Burtt as a director of Focus.
Mr. Burtt is president of Chester Burtt & Associates Ltd. (CBAL), a corporate and public affairs advisory firm that specializes in connecting private and public companies with domestic and international opportunities. CBAL also arranges for the provision and supply of financial services in mergers, acquisitions and joint ventures. Working through an international network and associate firms, CBAL has a 25-year history of offering a full range of services to assist companies with strategy development and decisions to best suit their investor and corporate relations. Mr. Burtt graduated with a BA from Waterloo Lutheran University and MA from Wilfrid Laurier University in political science.
The remainder is available to Stockwatch subscribers. Click the yellow link above for a free trial subscription.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aFMS-1916271&symbol=FMS®ion=C
2012-01-05 12:31 ET - News Release
This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.
Here is a sample of this item:
Mr. Gary Economo reports
FOCUS WELCOMES A NEW BOARD MEMBER
Focus Metals Inc. has appointed Chester Burtt as a director of Focus.
Mr. Burtt is president of Chester Burtt & Associates Ltd. (CBAL), a corporate and public affairs advisory firm that specializes in connecting private and public companies with domestic and international opportunities. CBAL also arranges for the provision and supply of financial services in mergers, acquisitions and joint ventures. Working through an international network and associate firms, CBAL has a 25-year history of offering a full range of services to assist companies with strategy development and decisions to best suit their investor and corporate relations. Mr. Burtt graduated with a BA from Waterloo Lutheran University and MA from Wilfrid Laurier University in political science.
The remainder is available to Stockwatch subscribers. Click the yellow link above for a free trial subscription.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aFMS-1916271&symbol=FMS®ion=C
Focus Metals Acquires 65 Mining Claims in Southwestern Quebec
OTTAWA, ONTARIO -- (Marketwire) -- 01/12/12 -- Mr. Gary Economo, President and Chief Executive Officer, Focus Metals Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) (the "Company") is pleased to announce the acquisition of 65 mining claims in southwestern Quebec.
The claims, located on five properties are all natural flake graphite prospects including a past producing property. All claims are located in the Gatineau - Bois Franc area.
Past exploration work reported the prospects are hosted in quartzite or quartzo-feldspathic gneiss and consist of graphitic gneiss, massive graphite veins and veinlets or disseminated graphite in quartzite. Graphite flakes are large to medium size.
In consideration for the purchase of the 65 claims, the Company agrees to pay the vendors a total of CDN $60,000 cash and, subject to TSX Venture Exchange approval, issue the vendors 100,000 common shares in the capital of the Company.
The purchase agreement also provides the Company with a right of first refusal to purchase any exploration and/or mining permits, leases, rights, claims subsequently acquired within the area by the vendors.
On September 9, 2011, the Company purchased some 200 mining claims located in the Province of Quebec.
Combined, the purchase of the 265 strategically-located claims are in line with the Company's previously stated intention of expanding its property portfolio.
Mr. Tony Brisson, P. Geo., Vice-President, Exploration, Focus Metals Inc., a Qualified Person as defined by NI 43-101 is responsible for the technical information contained in this news release.
OTTAWA, ONTARIO -- (Marketwire) -- 01/12/12 -- Mr. Gary Economo, President and Chief Executive Officer, Focus Metals Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) (the "Company") is pleased to announce the acquisition of 65 mining claims in southwestern Quebec.
The claims, located on five properties are all natural flake graphite prospects including a past producing property. All claims are located in the Gatineau - Bois Franc area.
Past exploration work reported the prospects are hosted in quartzite or quartzo-feldspathic gneiss and consist of graphitic gneiss, massive graphite veins and veinlets or disseminated graphite in quartzite. Graphite flakes are large to medium size.
In consideration for the purchase of the 65 claims, the Company agrees to pay the vendors a total of CDN $60,000 cash and, subject to TSX Venture Exchange approval, issue the vendors 100,000 common shares in the capital of the Company.
The purchase agreement also provides the Company with a right of first refusal to purchase any exploration and/or mining permits, leases, rights, claims subsequently acquired within the area by the vendors.
On September 9, 2011, the Company purchased some 200 mining claims located in the Province of Quebec.
Combined, the purchase of the 265 strategically-located claims are in line with the Company's previously stated intention of expanding its property portfolio.
Mr. Tony Brisson, P. Geo., Vice-President, Exploration, Focus Metals Inc., a Qualified Person as defined by NI 43-101 is responsible for the technical information contained in this news release.
Focus Metals Inc. Adopts a Shareholder Rights Plan
OTTAWA, ONTARIO -- (Marketwire) -- 01/13/12 -- Focus Metals Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Corporation") is pleased to announce that its board of directors (the "Board") has implemented, as of January 6, 2012, a shareholder rights plan (the "Plan") to encourage a fair treatment of shareholders, should a take-over bid be made for Focus. The Plan is effective today and will provide the Board and the shareholders, more time to consider unsolicited take-over bids of the Corporation. The Plan is intended to discourage coercive or unfair take-over bids and gives the Board time to pursue alternatives to maximize shareholder value, if appropriate, in the event of an unsolicited take-over bid.
The Plan has not been adopted in response to, or in contemplation of, any specific proposal to acquire control of Focus. The Plan is subject to acceptance by the TSX Venture Exchange and must be ratified by the Shareholders at its next annual general meeting scheduled to take place in 2012.
A complete copy of the Plan will be available shortly on SEDAR at www.sedar.com.
OTTAWA, ONTARIO -- (Marketwire) -- 01/13/12 -- Focus Metals Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Corporation") is pleased to announce that its board of directors (the "Board") has implemented, as of January 6, 2012, a shareholder rights plan (the "Plan") to encourage a fair treatment of shareholders, should a take-over bid be made for Focus. The Plan is effective today and will provide the Board and the shareholders, more time to consider unsolicited take-over bids of the Corporation. The Plan is intended to discourage coercive or unfair take-over bids and gives the Board time to pursue alternatives to maximize shareholder value, if appropriate, in the event of an unsolicited take-over bid.
The Plan has not been adopted in response to, or in contemplation of, any specific proposal to acquire control of Focus. The Plan is subject to acceptance by the TSX Venture Exchange and must be ratified by the Shareholders at its next annual general meeting scheduled to take place in 2012.
A complete copy of the Plan will be available shortly on SEDAR at www.sedar.com.
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February 23, 2012 16:05 ET
Focus Metals Inc. Announces Bought Deal Private Placement of Flow-Through Shares
TORONTO, ONTARIO--(Marketwire - Feb. 23, 2012) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
Focus Metals Inc. ("Focus Metals" or the "Company") (TSX VENTURE:FMS) is pleased to announce that it has entered into an agreement with Cormark Securities Inc. and Byron Capital Markets Ltd. (collectively the "Underwriters"), pursuant to which the Underwriters have agreed to act as underwriters in connection with the offer and sale of 5,000,000 flow through shares ("Flow-Through Shares") of Focus Metals (the "Offering") on a private placement basis. The Flow-Through Shares shall be offered at a price of $1.30 per share for aggregate gross proceeds of $6.5 million. In addition, the Company has granted the Underwriters an option to increase the size of the Offering by an additional 2,693,000 Flow-Through Shares, exercisable at any time up to 48 hours prior to the closing of the Offering, which would increase the gross proceeds of the Offering to approximately $10 million.
The closing of the Offering is expected to occur on or about March 14, 2012 and is subject to the completion of formal documentation and receipt of regulatory approval, including the approval of the TSXV.
The proceeds of the financing will be used to incur eligible Canadian Exploration Expenses, as defined under the Income Tax Act (Canada), that will be renounced in favour of the purchasers with an effective date of no later than December 31, 2012. The funds are intended to be used to explore and advahttp://www.marketwire.com/press-release/focus-metals-inc-announces-bought-deal-private-placement-of-flow-through-shares-tsx-venture-fms-1623828.htmnce Focus Metals' Lac Knife Graphite Project located in Québec.
Focus Metals Inc. Announces Bought Deal Private Placement of Flow-Through Shares
TORONTO, ONTARIO--(Marketwire - Feb. 23, 2012) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
Focus Metals Inc. ("Focus Metals" or the "Company") (TSX VENTURE:FMS) is pleased to announce that it has entered into an agreement with Cormark Securities Inc. and Byron Capital Markets Ltd. (collectively the "Underwriters"), pursuant to which the Underwriters have agreed to act as underwriters in connection with the offer and sale of 5,000,000 flow through shares ("Flow-Through Shares") of Focus Metals (the "Offering") on a private placement basis. The Flow-Through Shares shall be offered at a price of $1.30 per share for aggregate gross proceeds of $6.5 million. In addition, the Company has granted the Underwriters an option to increase the size of the Offering by an additional 2,693,000 Flow-Through Shares, exercisable at any time up to 48 hours prior to the closing of the Offering, which would increase the gross proceeds of the Offering to approximately $10 million.
The closing of the Offering is expected to occur on or about March 14, 2012 and is subject to the completion of formal documentation and receipt of regulatory approval, including the approval of the TSXV.
The proceeds of the financing will be used to incur eligible Canadian Exploration Expenses, as defined under the Income Tax Act (Canada), that will be renounced in favour of the purchasers with an effective date of no later than December 31, 2012. The funds are intended to be used to explore and advahttp://www.marketwire.com/press-release/focus-metals-inc-announces-bought-deal-private-placement-of-flow-through-shares-tsx-venture-fms-1623828.htmnce Focus Metals' Lac Knife Graphite Project located in Québec.
Focus Fast-Tracks Quebec Graphite at Lac Knife
By Greg Klein
“This is the highest-grade graphite deposit in the world.” On that resounding note, Focus Metals TSXV:FMS President/CEO Gary Economo introduces his Quebec Lac Knife flake graphite project, which is fast-tracked for 2013 production.
At the same time, Focus is intensely involved in developing graphene, the graphite derivative Economo claims “will change the way we live, work and communicate.” Lauded as the “new silicone,” graphene is thin enough to see through, flexible, foldable, highly conductive and 200 times stronger than steel.
Graphene evangelists say the material will bring new technological marvels, fomenting even greater demand for graphite, the market for which is soaring. While traditional industrial demand escalates, new uses call for even greater supplies of high-purity flake graphite for lithium-ion batteries, solar panels, fuel cells, pebble bed nuclear reactors and other emerging technologies.
According to last December’s 43-101 mineral resource estimate, Lac Knife contains (with no cutoff) 637,250 tonnes grading 15.59% carbon measured, 4.33 million tonnes grading 15.68% C indicated and 3 million tonnes grading 15.58% C inferred.
With a 5% cutoff, the numbers are 604,735 tonnes grading 16.25% C measured, 4.33 million tonnes grading 15.69% C indicated and 3 million tonnes grading 15.58% C inferred.
With a 10% cutoff, the numbers are 504,669 tonnes grading 17.95% C measured, 4.03 million tonnes grading 16.24% C indicated and 2.86 million tonnes grading 15.92% C inferred.
These estimates are based on 8,611 metres from 105 holes. All zones are open in all directions.
Focus plans to issue a preliminary economic assessment by April, Economo says. Then it’s straight to construction and open-pit production. “We won’t need a feasibility study because we’ll have offtake agreements, and we have our financing already pretty well defined. Within the next six months, we should be well on our way through the permitting process. The plant is currently being designed, as well as the mine plan. By the end of next year, we should be in production. Initially, we should produce 20,000 tonnes at 98% and then another 3,000 to 5,000 tonnes at 99.99%.”
Located in the Labrador Trough iron ore region, Lac Knife has nearby access to road, rail and cheap power. Focus plans to contract the mining to another company. “We’re talking to a couple of major mining companies that would provide the actual mining services. Focus will still be in charge,” Economo says.
Meanwhile, Focus holds a 40% interest in Grafoid Inc, a joint venture created last year to find proprietary methods of manufacturing graphene. The other 60% is held by Economo and two other Focus colleagues, Chairman/Director Jeffrey York and Advisor Gordon Chiu. Grafoid’s R&D takes place in four labs around the world. The locations are secret.
“We’ve developed a process to manufacture graphene without oxidizing the material and to do so economically,” he reports. “Most, if not all, current techniques oxidize the material, which diminishes graphene’s electrical capabilities. The techniques are often extremely expensive, to the point where graphene can’t be used in day-to-day applications. Our technology is an extremely safe, environmentally-friendly and very low-cost process.
“There are many, many uses for our form of graphene. We’ve teamed up with Rutgers University, which is the world authority on recycled plastics, to impregnate their plastics with our graphene. One of the major uses of this material would be infrastructure. For example, you can wrap this material around concrete pillars for extra strength and support. You can create rebar that’s a lot stronger and would never corrode, which is presently a big problem.”
Grafoid’s initial strategy is to find near-term uses for its graphene. “We’ve been quite successful in mixing the material with plastic and we’re looking at applications like these that have more immediate uptake. I think we could see the product being used within a year’s time.
“We’re also getting requests from companies to work with them in medical applications,” he adds. Here, the possibilities evoke a sense of wonder. “Bacteria cannot grow on graphene,” Economo notes. “But human cells can. Graphene has the ability to nurture and grow human cells. There’s major work being done in that sector right now.”
Of course all that visionary stuff relies on finding and mining minerals. “We have about 265 new claims that we’ve taken on in the last few months, and we’re looking at others,” Economo says. “We’re picking out the highest grades and the locations best suited for infrastructure and logistics, good potential targets for the next five to 10 years.”
All the newly acquired claims lie in the mining-friendly province of Quebec. Some surround Timcal Graphite & Carbon’s Lac-des-Iles Mine, largest of Canada’s two graphite producers. The company also holds a 50% earn-in agreement with the Quebec government on the early-stage Kwyjibo REE-Copper Project. “But our focus is getting Lac Knife into production,” Economo emphasizes.
Focus will make a presentation at Vancouver’s free-registration Graphite Express-Conference February 23. “Very little is known in the investment community about how people can make money on graphite,” Economo says. “This is an extraordinary material, and we’re not even talking about graphene. Of course, we all know about the lithium battery story, but there’ll be other uses just as big, if not bigger.”
He concludes, “The viability of any project always comes down to the cost to produce. The grade that we have will make us the lowest-cost producer in the world. We’ll be able to compete against anyone and everyone.”
At press time, Focus Metals had 84.6 million shares trading at $1.03 a share for a market cap of $87.1 million.
Free registration for Vancouver’s February 23 Graphite Express-Conference.
Read feature story about graphite.
Disclaimer: Focus Metals Inc is a client of OnPage Media, and the principals of OnPage media may hold shares in Focus Metals.
Quelle: http://resourceclips.com/2012/02/22/straight-to-production/
By Greg Klein
“This is the highest-grade graphite deposit in the world.” On that resounding note, Focus Metals TSXV:FMS President/CEO Gary Economo introduces his Quebec Lac Knife flake graphite project, which is fast-tracked for 2013 production.
At the same time, Focus is intensely involved in developing graphene, the graphite derivative Economo claims “will change the way we live, work and communicate.” Lauded as the “new silicone,” graphene is thin enough to see through, flexible, foldable, highly conductive and 200 times stronger than steel.
Graphene evangelists say the material will bring new technological marvels, fomenting even greater demand for graphite, the market for which is soaring. While traditional industrial demand escalates, new uses call for even greater supplies of high-purity flake graphite for lithium-ion batteries, solar panels, fuel cells, pebble bed nuclear reactors and other emerging technologies.
According to last December’s 43-101 mineral resource estimate, Lac Knife contains (with no cutoff) 637,250 tonnes grading 15.59% carbon measured, 4.33 million tonnes grading 15.68% C indicated and 3 million tonnes grading 15.58% C inferred.
With a 5% cutoff, the numbers are 604,735 tonnes grading 16.25% C measured, 4.33 million tonnes grading 15.69% C indicated and 3 million tonnes grading 15.58% C inferred.
With a 10% cutoff, the numbers are 504,669 tonnes grading 17.95% C measured, 4.03 million tonnes grading 16.24% C indicated and 2.86 million tonnes grading 15.92% C inferred.
These estimates are based on 8,611 metres from 105 holes. All zones are open in all directions.
Focus plans to issue a preliminary economic assessment by April, Economo says. Then it’s straight to construction and open-pit production. “We won’t need a feasibility study because we’ll have offtake agreements, and we have our financing already pretty well defined. Within the next six months, we should be well on our way through the permitting process. The plant is currently being designed, as well as the mine plan. By the end of next year, we should be in production. Initially, we should produce 20,000 tonnes at 98% and then another 3,000 to 5,000 tonnes at 99.99%.”
Located in the Labrador Trough iron ore region, Lac Knife has nearby access to road, rail and cheap power. Focus plans to contract the mining to another company. “We’re talking to a couple of major mining companies that would provide the actual mining services. Focus will still be in charge,” Economo says.
Meanwhile, Focus holds a 40% interest in Grafoid Inc, a joint venture created last year to find proprietary methods of manufacturing graphene. The other 60% is held by Economo and two other Focus colleagues, Chairman/Director Jeffrey York and Advisor Gordon Chiu. Grafoid’s R&D takes place in four labs around the world. The locations are secret.
“We’ve developed a process to manufacture graphene without oxidizing the material and to do so economically,” he reports. “Most, if not all, current techniques oxidize the material, which diminishes graphene’s electrical capabilities. The techniques are often extremely expensive, to the point where graphene can’t be used in day-to-day applications. Our technology is an extremely safe, environmentally-friendly and very low-cost process.
“There are many, many uses for our form of graphene. We’ve teamed up with Rutgers University, which is the world authority on recycled plastics, to impregnate their plastics with our graphene. One of the major uses of this material would be infrastructure. For example, you can wrap this material around concrete pillars for extra strength and support. You can create rebar that’s a lot stronger and would never corrode, which is presently a big problem.”
Grafoid’s initial strategy is to find near-term uses for its graphene. “We’ve been quite successful in mixing the material with plastic and we’re looking at applications like these that have more immediate uptake. I think we could see the product being used within a year’s time.
“We’re also getting requests from companies to work with them in medical applications,” he adds. Here, the possibilities evoke a sense of wonder. “Bacteria cannot grow on graphene,” Economo notes. “But human cells can. Graphene has the ability to nurture and grow human cells. There’s major work being done in that sector right now.”
Of course all that visionary stuff relies on finding and mining minerals. “We have about 265 new claims that we’ve taken on in the last few months, and we’re looking at others,” Economo says. “We’re picking out the highest grades and the locations best suited for infrastructure and logistics, good potential targets for the next five to 10 years.”
All the newly acquired claims lie in the mining-friendly province of Quebec. Some surround Timcal Graphite & Carbon’s Lac-des-Iles Mine, largest of Canada’s two graphite producers. The company also holds a 50% earn-in agreement with the Quebec government on the early-stage Kwyjibo REE-Copper Project. “But our focus is getting Lac Knife into production,” Economo emphasizes.
Focus will make a presentation at Vancouver’s free-registration Graphite Express-Conference February 23. “Very little is known in the investment community about how people can make money on graphite,” Economo says. “This is an extraordinary material, and we’re not even talking about graphene. Of course, we all know about the lithium battery story, but there’ll be other uses just as big, if not bigger.”
He concludes, “The viability of any project always comes down to the cost to produce. The grade that we have will make us the lowest-cost producer in the world. We’ll be able to compete against anyone and everyone.”
At press time, Focus Metals had 84.6 million shares trading at $1.03 a share for a market cap of $87.1 million.
Free registration for Vancouver’s February 23 Graphite Express-Conference.
Read feature story about graphite.
Disclaimer: Focus Metals Inc is a client of OnPage Media, and the principals of OnPage media may hold shares in Focus Metals.
Quelle: http://resourceclips.com/2012/02/22/straight-to-production/
The globe’s next highest grade, lowest cost, solid supply of graphite
Global graphite consumption has increased from 600,000 tonnes in 2000 to 1.2 million tonnes in 2011 and market watchers forecast demand growth hikes of five to 10 per cent in the years ahead. As anticipation mounts and end-users worldwide from the energy industries to construction and high profile new technologies seek out alternative sources of supply from globally dominant China—which accounts for around 82 per cent of the strategic metal hitting markets today—few emerging producers are more keenly watched than Quebec’s Focus Metals Inc. (TSX-V: FMS) (OTCQX: FCSMF)(FRANKFURT: FKC) (“Focus”).
As the owner of the world’s highest-grade (16 per cent in situ) technology graphite resource at its Lac Knife project near Fermont, northern Quebec—comprising an NI43-101 compliant 8.1 million tons to date (December 2011) and huge potential for adding to the resource inventory along strike and at depth—Focus is taking its flagship project into production. In 24 months, the company will claim pole position as the world’s lowest cost technology grade graphite producer.
“We have a large defined resource and even larger potential for growing it,” says Gary Economo, President and chief executive.
“With the high grade of the graphite content in the ore in the ground we’ll become the lowest cost producer in the world and enable many new high profile applications.”
The coming year consists of completing the scoping study well underway, continuing the search for the right offtake partners, permitting and feasibility works (backed by two historically completed feasibility studies) and swiftly into late-2012/early-2013 construction to complete at the 2013 year-end. Furthermore, armed with the large high grade NI43-101 resource, plans to delineate further tonnage, 10 graphite concentrated showing targets within the Lac Knife claim map, a patented processing technology capable of generating 99.99 per cent purified product and interests in Graphoid Inc., an outfit focused on graphene, Focus will rapidly deliver to the global markets the graphite supply they are hungry for.
Leading with Lac Knife
The past 18 months have seen Focus step up from starting out as a junior explorer-developer with a handful of choice northern Quebec claims, to establishing itself as a leader for technology grade graphite. With its scoping study due to wrap up in a couple of months, the team is looking forward to further drilling out in depth the three zones comprising its current NI43-101 and exploring the stack of graphite shows throughout the wider Lac Knife area. Like any keen mine builder aware that mines are monetised as much as they are built by grade and tons, however high, Focus has readied for 2012 development activity by way of financing, completed in December, 2011. Raising approximately one third of the total funding required to take Lac Knife into commercial output, Economo says, is a critical step in seeing through the upcoming work programmes planned.
“Part of our strategy was always to de-risk the company by having a good cash position and that’s what we’ve done. The financing will make it a lot easier for us to raise the balance required for the mine and the processing plant and allow us to negotiate from a position of strength,” he explains.
The second part of Focus’ sublime production equation stems from the nature of the material itself. While other graphite players strive to put mines into production at grades of two, four and six per cent, Lac Knife’s 16 per cent grade-in-ground is quite something. At two per cent, a company would need to process 48-50 tonnes of ore, making it prohibitively expensive to produce one tonne of 98 per cent material. Comparatively, Focus need process six or seven tonnes of raw ore to obtain that 98 per cent premium product—and with an additional patented processing technology capable of purifying its graphite to an impressive 99.9 and 99.99 per cent product for lithium batteries. At 99.9 per cent concentration, one tonne sells at $4,000 on average while 99.99 per cent purity sells in a range of $10,000-$60,000 per tonne depending on end-user requirements. The company’s operating costs against premium priced production are unmatched.
“The processing plant we will start to build in the town of Fermont by the end of this year will take approximately 150,000 tonnes of ore annually, netting us around 20,000-27,000 tonnes of 98 per cent quality graphite,” Economo explains.
“For our patented proprietary technology, we’ll see a pilot plant by the end of this year and a fully operational plant alongside our processing plant in 2013.”
This Focus-masterminded process is also capable of producing graphene; another favourable potential revenue stream given that it results from the same economical, environmentally friendly process in significant quantities. The implications of this against current processing, which favours vapour chemical deposition-type activity that is both costly and damages the ore through oxidation, remain insurmountable.
“It also ties in well with our 40 per cent interest in Graphoid Inc.,” Economo adds.
“Graphoid is working with Rutgers University in the development of plastics that are extremely strong due to the incorporation of our graphene.”
Combined, the large NI43-101 world-highest-grade resource, unique technology, graphene production and interest in Graphoid will likely prove ever more attractive as 2012 drilling unfolds and delineates more resources.
The offtake, exploration & global demand
Focusing (no pun intended) on the three zones within a 300X600 metre area which make up the current Lac Knife resource, Focus will commence deeper exploration during the spring. Expanding on the current deposit, drilled to 125 metres at a 45 degree angle, effectively 90 metres depth, the team plans to follow the graphite down to around 400 metres and further identify quite how large a resource it has.
“Given that it’s open in all directions that’s the deepest we’ll go for now,” Economo says.
“It’ll definitely be an open pit mine, so going down to 400-500 metres is totally feasible. We expect to come up with much higher resources this summer.”
Drilling for further resource delineation will also take place over the 10 strong showings of graphite concentration within the claim and each may well result in a pit with similar types of volumes as those currently accounted for the December NI43-101.
“We’ll also do surface exploration in the 265 claims we secured this year and last year in Quebec,” Economo says.
“If we want to reach our goal and be the biggest and the best, we need to offer variety to our global customer base. We need diverse products and we need to make sure that we have the resources to fulfil the long-term supply agreements we plan to establish.”
While graphite is Focus’ steadfast main game, staying diverse has remained on the agenda, evidenced by its Kwyjibo rare earth elements-copper project some 10 kilometres north of Lac Manitou where Focus has invested almost $3 million and fast-tracked the project in partnership with Soquem, the Quebec government’s commercial mining corporation, and obtained 50 per cent interest in just one year. Having identified rare earth element neodymium, the company is waiting on assay results from a comprehensive drilling programme undertaken last summer before it makes its next move.
“It’s a little early to say where it will go, until we get our results finalised and reviewed by our geologists over the next month,” Economo affirms.
“We’re at a point in our growth where we have to streamline our interests on Focus Metals and our graphite business. We plan to spin off the other projects in the next few months.”
Prioritising accordingly has also seen the company initiate offtake discussions with some of the world’s largest graphite users. Given that graphite is a requisite element in engineering disciplines from medical applications to construction and semiconductors to solar panels, interest in securing Focus’ high grade, low-cost North American supply has been strong.
“Over the coming year we’ll put offtake agreements in place, in fact it will probably be sooner than later,” Economo says.
“We have a number of people currently testing our graphite and we expect to have some of these offtake agreements signed in the near future.”
There is also room for graphite-knowledgeable parties of a sales, mining or engineering persuasion, he ensures. It’s likely that future offtake partners will be companies capable of placing Focus’ superior graphite products on international markets.
“Graphite, unlike many minerals and metals, is an engineering product and requires a lot of expertise. There are companies that have been doing it for over 100 years, so we see sense in teaming up with those sorts of groups in addition to developing it internally,” Economo explains.
“We’re not looking to option the property in any way. We’ll finance it and maintain control of it, but there are areas we could consider assistance on in terms of sales and technical support.”
At first glance, Focus’ vision to become the world’s largest producer of low-cost, high grade graphite seems a monumental challenge. Closer inspection of quite how impressive the resource, exploration potential, processing technology and funding secured actually are, reveals it to be a fitting one for the company.
Economo says that “the carbon age is just beginning,” and as it unfolds, Focus is braced to hit global graphite markets and deliver precisely the product everyone is looking for.
http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30748926&l=0&r=4&s=FMS&t=LIST
Global graphite consumption has increased from 600,000 tonnes in 2000 to 1.2 million tonnes in 2011 and market watchers forecast demand growth hikes of five to 10 per cent in the years ahead. As anticipation mounts and end-users worldwide from the energy industries to construction and high profile new technologies seek out alternative sources of supply from globally dominant China—which accounts for around 82 per cent of the strategic metal hitting markets today—few emerging producers are more keenly watched than Quebec’s Focus Metals Inc. (TSX-V: FMS) (OTCQX: FCSMF)(FRANKFURT: FKC) (“Focus”).
As the owner of the world’s highest-grade (16 per cent in situ) technology graphite resource at its Lac Knife project near Fermont, northern Quebec—comprising an NI43-101 compliant 8.1 million tons to date (December 2011) and huge potential for adding to the resource inventory along strike and at depth—Focus is taking its flagship project into production. In 24 months, the company will claim pole position as the world’s lowest cost technology grade graphite producer.
“We have a large defined resource and even larger potential for growing it,” says Gary Economo, President and chief executive.
“With the high grade of the graphite content in the ore in the ground we’ll become the lowest cost producer in the world and enable many new high profile applications.”
The coming year consists of completing the scoping study well underway, continuing the search for the right offtake partners, permitting and feasibility works (backed by two historically completed feasibility studies) and swiftly into late-2012/early-2013 construction to complete at the 2013 year-end. Furthermore, armed with the large high grade NI43-101 resource, plans to delineate further tonnage, 10 graphite concentrated showing targets within the Lac Knife claim map, a patented processing technology capable of generating 99.99 per cent purified product and interests in Graphoid Inc., an outfit focused on graphene, Focus will rapidly deliver to the global markets the graphite supply they are hungry for.
Leading with Lac Knife
The past 18 months have seen Focus step up from starting out as a junior explorer-developer with a handful of choice northern Quebec claims, to establishing itself as a leader for technology grade graphite. With its scoping study due to wrap up in a couple of months, the team is looking forward to further drilling out in depth the three zones comprising its current NI43-101 and exploring the stack of graphite shows throughout the wider Lac Knife area. Like any keen mine builder aware that mines are monetised as much as they are built by grade and tons, however high, Focus has readied for 2012 development activity by way of financing, completed in December, 2011. Raising approximately one third of the total funding required to take Lac Knife into commercial output, Economo says, is a critical step in seeing through the upcoming work programmes planned.
“Part of our strategy was always to de-risk the company by having a good cash position and that’s what we’ve done. The financing will make it a lot easier for us to raise the balance required for the mine and the processing plant and allow us to negotiate from a position of strength,” he explains.
The second part of Focus’ sublime production equation stems from the nature of the material itself. While other graphite players strive to put mines into production at grades of two, four and six per cent, Lac Knife’s 16 per cent grade-in-ground is quite something. At two per cent, a company would need to process 48-50 tonnes of ore, making it prohibitively expensive to produce one tonne of 98 per cent material. Comparatively, Focus need process six or seven tonnes of raw ore to obtain that 98 per cent premium product—and with an additional patented processing technology capable of purifying its graphite to an impressive 99.9 and 99.99 per cent product for lithium batteries. At 99.9 per cent concentration, one tonne sells at $4,000 on average while 99.99 per cent purity sells in a range of $10,000-$60,000 per tonne depending on end-user requirements. The company’s operating costs against premium priced production are unmatched.
“The processing plant we will start to build in the town of Fermont by the end of this year will take approximately 150,000 tonnes of ore annually, netting us around 20,000-27,000 tonnes of 98 per cent quality graphite,” Economo explains.
“For our patented proprietary technology, we’ll see a pilot plant by the end of this year and a fully operational plant alongside our processing plant in 2013.”
This Focus-masterminded process is also capable of producing graphene; another favourable potential revenue stream given that it results from the same economical, environmentally friendly process in significant quantities. The implications of this against current processing, which favours vapour chemical deposition-type activity that is both costly and damages the ore through oxidation, remain insurmountable.
“It also ties in well with our 40 per cent interest in Graphoid Inc.,” Economo adds.
“Graphoid is working with Rutgers University in the development of plastics that are extremely strong due to the incorporation of our graphene.”
Combined, the large NI43-101 world-highest-grade resource, unique technology, graphene production and interest in Graphoid will likely prove ever more attractive as 2012 drilling unfolds and delineates more resources.
The offtake, exploration & global demand
Focusing (no pun intended) on the three zones within a 300X600 metre area which make up the current Lac Knife resource, Focus will commence deeper exploration during the spring. Expanding on the current deposit, drilled to 125 metres at a 45 degree angle, effectively 90 metres depth, the team plans to follow the graphite down to around 400 metres and further identify quite how large a resource it has.
“Given that it’s open in all directions that’s the deepest we’ll go for now,” Economo says.
“It’ll definitely be an open pit mine, so going down to 400-500 metres is totally feasible. We expect to come up with much higher resources this summer.”
Drilling for further resource delineation will also take place over the 10 strong showings of graphite concentration within the claim and each may well result in a pit with similar types of volumes as those currently accounted for the December NI43-101.
“We’ll also do surface exploration in the 265 claims we secured this year and last year in Quebec,” Economo says.
“If we want to reach our goal and be the biggest and the best, we need to offer variety to our global customer base. We need diverse products and we need to make sure that we have the resources to fulfil the long-term supply agreements we plan to establish.”
While graphite is Focus’ steadfast main game, staying diverse has remained on the agenda, evidenced by its Kwyjibo rare earth elements-copper project some 10 kilometres north of Lac Manitou where Focus has invested almost $3 million and fast-tracked the project in partnership with Soquem, the Quebec government’s commercial mining corporation, and obtained 50 per cent interest in just one year. Having identified rare earth element neodymium, the company is waiting on assay results from a comprehensive drilling programme undertaken last summer before it makes its next move.
“It’s a little early to say where it will go, until we get our results finalised and reviewed by our geologists over the next month,” Economo affirms.
“We’re at a point in our growth where we have to streamline our interests on Focus Metals and our graphite business. We plan to spin off the other projects in the next few months.”
Prioritising accordingly has also seen the company initiate offtake discussions with some of the world’s largest graphite users. Given that graphite is a requisite element in engineering disciplines from medical applications to construction and semiconductors to solar panels, interest in securing Focus’ high grade, low-cost North American supply has been strong.
“Over the coming year we’ll put offtake agreements in place, in fact it will probably be sooner than later,” Economo says.
“We have a number of people currently testing our graphite and we expect to have some of these offtake agreements signed in the near future.”
There is also room for graphite-knowledgeable parties of a sales, mining or engineering persuasion, he ensures. It’s likely that future offtake partners will be companies capable of placing Focus’ superior graphite products on international markets.
“Graphite, unlike many minerals and metals, is an engineering product and requires a lot of expertise. There are companies that have been doing it for over 100 years, so we see sense in teaming up with those sorts of groups in addition to developing it internally,” Economo explains.
“We’re not looking to option the property in any way. We’ll finance it and maintain control of it, but there are areas we could consider assistance on in terms of sales and technical support.”
At first glance, Focus’ vision to become the world’s largest producer of low-cost, high grade graphite seems a monumental challenge. Closer inspection of quite how impressive the resource, exploration potential, processing technology and funding secured actually are, reveals it to be a fitting one for the company.
Economo says that “the carbon age is just beginning,” and as it unfolds, Focus is braced to hit global graphite markets and deliver precisely the product everyone is looking for.
http://www.stockhouse.com/Bullboards/MessageDetail.aspx?p=0&m=30748926&l=0&r=4&s=FMS&t=LIST
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Focus Metals Inc
Focus Metals drills 48.8 m of 2.4% TREO at Kwyjibo
2012-03-13 13:14 ET - News Release
Here is a sample of this item:
Mr. Gary Economo reports
FOCUS METALS AND SOQUEM REPORT SIGNIFICANT RARE EARTH ELEMENT RESULTS FROM THE FALL 2011 DRILLING PROGRAM AT KWYJIBO, NORTHEASTERN QUEBEC
Focus Metals Inc. and partner SOQUEM Inc. have released the results of the fall 2011 core drilling program on the Kwyjibo polymetallic property located in the Grenville geological province of northeastern Quebec.
Hole 10885-11-57, drilled on the Josette horizon, returned the best rare earth element ("REE") mineralized section:
-- 2.40 % TREO(i) over 48.8 m (from 65.2 to 114.0 m), including:
- 3.40% TREO over 24.3 m (from 68.5 to 92.8 m) and 6.83% TREO over 1.1 m
(from 82.7 to 83.8 m).
REOc(ii) ratios in the mineralized interval range between 41 and 42%. The REE mineralization is hosted in a Mesoproterozoic iron oxide copper-gold ("IOCG") zone consisting in a magnetite-rich hydrothermal iron formation (referred as a magnetitite) and in a stockwork of magnetite veins associated with a calcic alteration in a host rock composed mainly of foliated to gneissic leucocratic granite. REE and yttrium bearing minerals include apatite, britholite, allanite and bastnaesite.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aFMS-1935852&symbol=FMS®ion=C
Focus Metals drills 48.8 m of 2.4% TREO at Kwyjibo
2012-03-13 13:14 ET - News Release
Here is a sample of this item:
Mr. Gary Economo reports
FOCUS METALS AND SOQUEM REPORT SIGNIFICANT RARE EARTH ELEMENT RESULTS FROM THE FALL 2011 DRILLING PROGRAM AT KWYJIBO, NORTHEASTERN QUEBEC
Focus Metals Inc. and partner SOQUEM Inc. have released the results of the fall 2011 core drilling program on the Kwyjibo polymetallic property located in the Grenville geological province of northeastern Quebec.
Hole 10885-11-57, drilled on the Josette horizon, returned the best rare earth element ("REE") mineralized section:
-- 2.40 % TREO(i) over 48.8 m (from 65.2 to 114.0 m), including:
- 3.40% TREO over 24.3 m (from 68.5 to 92.8 m) and 6.83% TREO over 1.1 m
(from 82.7 to 83.8 m).
REOc(ii) ratios in the mineralized interval range between 41 and 42%. The REE mineralization is hosted in a Mesoproterozoic iron oxide copper-gold ("IOCG") zone consisting in a magnetite-rich hydrothermal iron formation (referred as a magnetitite) and in a stockwork of magnetite veins associated with a calcic alteration in a host rock composed mainly of foliated to gneissic leucocratic granite. REE and yttrium bearing minerals include apatite, britholite, allanite and bastnaesite.
http://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aFMS-1935852&symbol=FMS®ion=C
March 14, 2012 11:06 ET
Focus Metals Announces the Closing of a $10 Million Bought Deal Flow-Through Share Private Placement
OTTAWA, ONTARIO--(Marketwire - March 14, 2012) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
Focus Metals Inc. ("Focus Metals" or the "Company") (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) announces the closing of a $10 million bought deal flow-through private placement (the "Offering") previously announced on February 23, 2012. The Offering was completed by a syndicate of underwriters led by Cormark Securities Inc., and included Byron Capital Markets Ltd. (collectively, the "Underwriters").
Pursuant to the Offering, the Company issued a total of 7,693,000 flow-through shares of the Company (the "Flow-Through Shares") at a price of $1.30 per Flow-Through Share (which includes the exercise in full of the Underwriters' option to offer for purchase and sale an additional 2,693,000 Flow-Through Shares), for total gross proceeds to the Company of $10 million.
The proceeds of the Offering will be used to incur eligible Canadian Exploration Expenses, as defined under the Income Tax Act (Canada), on the Corporation's Lac Knife Graphite Project, the Kwyjibo Project and the Corporation's other properties located in Quebec, and will be renounced in favour of the purchasers with an effective date of no later than December 31, 2012.
Focus Metals President and CEO Gary Economo said the Offering leaves the Company well-positioned to meet its 2012 expansionary, exploration and discovery drilling objectives at its Lac Knife and Kwyjibo, Quebec properties.
"Again, the market has demonstrated its continuing support for our company's resources, our management and our business objectives as we move towards anticipated production at Lac Knife by late 2013," Mr. Economo said.
In connection with the Offering, the Company paid the Underwriters a fee equal to 6% of the proceeds and issued to the Underwriters a total of 461,580 non transferable broker warrants, each broker warrant entitling the holder thereof to acquire one common share of the Company at a price of $1.30 per share until March 14, 2014.
All securities issued under the Offering are subject to a four (4) month plus one day hold period expiring on July 15, 2012.
The securities described herein have not been registered under the U.S. Securities Act of 1933, as amended (the "Act"), and may not be offered or sold in the United States unless registered under the Act or unless an exemption from registration is available.
Focus Metals Announces the Closing of a $10 Million Bought Deal Flow-Through Share Private Placement
OTTAWA, ONTARIO--(Marketwire - March 14, 2012) -
NOT FOR DISSEMINATION IN THE UNITED STATES OR FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN
Focus Metals Inc. ("Focus Metals" or the "Company") (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) announces the closing of a $10 million bought deal flow-through private placement (the "Offering") previously announced on February 23, 2012. The Offering was completed by a syndicate of underwriters led by Cormark Securities Inc., and included Byron Capital Markets Ltd. (collectively, the "Underwriters").
Pursuant to the Offering, the Company issued a total of 7,693,000 flow-through shares of the Company (the "Flow-Through Shares") at a price of $1.30 per Flow-Through Share (which includes the exercise in full of the Underwriters' option to offer for purchase and sale an additional 2,693,000 Flow-Through Shares), for total gross proceeds to the Company of $10 million.
The proceeds of the Offering will be used to incur eligible Canadian Exploration Expenses, as defined under the Income Tax Act (Canada), on the Corporation's Lac Knife Graphite Project, the Kwyjibo Project and the Corporation's other properties located in Quebec, and will be renounced in favour of the purchasers with an effective date of no later than December 31, 2012.
Focus Metals President and CEO Gary Economo said the Offering leaves the Company well-positioned to meet its 2012 expansionary, exploration and discovery drilling objectives at its Lac Knife and Kwyjibo, Quebec properties.
"Again, the market has demonstrated its continuing support for our company's resources, our management and our business objectives as we move towards anticipated production at Lac Knife by late 2013," Mr. Economo said.
In connection with the Offering, the Company paid the Underwriters a fee equal to 6% of the proceeds and issued to the Underwriters a total of 461,580 non transferable broker warrants, each broker warrant entitling the holder thereof to acquire one common share of the Company at a price of $1.30 per share until March 14, 2014.
All securities issued under the Offering are subject to a four (4) month plus one day hold period expiring on July 15, 2012.
The securities described herein have not been registered under the U.S. Securities Act of 1933, as amended (the "Act"), and may not be offered or sold in the United States unless registered under the Act or unless an exemption from registration is available.
Focus CEO Gary Economo on Quebec assays of 2.4% TREO over 48.8m
Focus Metals Inc TSXV:FMS and SOQUEM Inc announced assays from the Kwyjibo polymetallic property in northeastern Quebec. Results include
2.4% total rare earth oxides over 48.8 metres (including 3.4% TREO over 24.3 metres)
1.8% TREO over 32.5 metres (including 5.88% TREO over 1 metre)
1.64% TREO over 20.6 metres (including 7.05% TREO over 0.8 metres)
3.61% TREO over 33.1 metres (including 8.68% TREO over 1 metre)
Focus has an option to earn a 50% interest in the Kwyjibo property and SOQUEM is the project operator. A two-phase follow-up exploration program on the property is currently being designed for the summer 2012. An NI 43-101 resource estimate will be considered following the results.
Focus President/CEO Gary Economo tells ResourceClips.com, “About 12 years ago Kwyjibo was drilled, but at the time they weren’t really looking for rare earths. So last year we did a bunch more drilling, but before the drilling we re-assayed the old core, and we found that they had very good showings of rare earths. We decided last year to take on a more diligent drill program and try to find what was in a number of anomalies that were showing up on some of the testings that were previously done. The results today are the results of that drilling. Originally, we thought it was copper, but what we’re finding is very strong iron phosphate, light and heavy rare earths.
“This summer we’ve already scheduled a drill program to do some infill drilling and to allow us to come up with a resource estimate. There’s also some VTEM testing that’s going to be done. We’ll have the drilling completed this summer, and we should be able to have a resource estimate by the end of 1Q 2013.”
Economo says of the infrastructure at Kwyjibo, “It’s not too bad, but it’s not too great either. There are no roads, so it’s a helicopter program. But the key thing is that if it makes sense to put it into production some day, the railroad is only 25 kilometres away. So it’s fairly easy to build a railhead and then a 25-kilometre dirt road to the property.”
Focus also announced the closing of a $10-million private placement. Economo comments, “This was a flow-through financing. Six million of that will go into the Lac Knife [graphite] project this year, for drilling. About $1 million will go into Kwyjibo, and maybe another $700,000 to $1 million will go into our other 265 claims that we’ve acquired this year to get a better feel of what we have and where those projects could end up. The balance will be spent next year. We have until December 2013 to spend the $10 million. All our exploration expenses will be covered for this year and next year.
“For the most part, Quebec is a very easy place to do work,” Economo continues. “All the support is readily available in places like Sept-Îles and Baie-Comeau and the town of Fermont. So everything we need we have access to. The government is very supportive, and we have great relationships with the local municipalities. It’s just a wonderful region to do business in.”
Does Economo consider Focus fairly valued? “I believe that at any given instant [the market valuation] doesn’t tell you the true story of what’s behind a company. If I look at it today, my answer is absolutely not. At the same time, take into consideration what’s going on around the world. We as CEOs don’t look at all those issues when we value our company; we look at what we have, what we’re going to do, and what we want to accomplish. That’s how we value our businesses. But there are a lot of other issues that one needs to look at—and the market does that for us. The market always finds equilibrium.”
He concludes, “We’re very happy with our progress at Kwyjibo. It was a five year earn-in for 50% [ownership], and in the next month or so we’ll have accomplished that in just over two years. So we’re way ahead of where we wanted to be with this project, and we’re extremely happy with where we are today. And we’re happy with the support we’re getting from SOQUEM in their running of the project.”
Disclaimer: Focus Metals is a client of OnPage Media and the principals of OnPage Media may hold shares in Focus.
by Ted Niles
This article was posted by Ted Niles - Resource Clips on Thursday, March 15th, 2012 at 8:13 am.
Quelle: http://resourceclips.com/2012/03/15/focus-ceo-gary-economo-on-quebec-assays-of-2-4-treo-over-48-8m/
Focus Metals Inc TSXV:FMS and SOQUEM Inc announced assays from the Kwyjibo polymetallic property in northeastern Quebec. Results include
2.4% total rare earth oxides over 48.8 metres (including 3.4% TREO over 24.3 metres)
1.8% TREO over 32.5 metres (including 5.88% TREO over 1 metre)
1.64% TREO over 20.6 metres (including 7.05% TREO over 0.8 metres)
3.61% TREO over 33.1 metres (including 8.68% TREO over 1 metre)
Focus has an option to earn a 50% interest in the Kwyjibo property and SOQUEM is the project operator. A two-phase follow-up exploration program on the property is currently being designed for the summer 2012. An NI 43-101 resource estimate will be considered following the results.
Focus President/CEO Gary Economo tells ResourceClips.com, “About 12 years ago Kwyjibo was drilled, but at the time they weren’t really looking for rare earths. So last year we did a bunch more drilling, but before the drilling we re-assayed the old core, and we found that they had very good showings of rare earths. We decided last year to take on a more diligent drill program and try to find what was in a number of anomalies that were showing up on some of the testings that were previously done. The results today are the results of that drilling. Originally, we thought it was copper, but what we’re finding is very strong iron phosphate, light and heavy rare earths.
“This summer we’ve already scheduled a drill program to do some infill drilling and to allow us to come up with a resource estimate. There’s also some VTEM testing that’s going to be done. We’ll have the drilling completed this summer, and we should be able to have a resource estimate by the end of 1Q 2013.”
Economo says of the infrastructure at Kwyjibo, “It’s not too bad, but it’s not too great either. There are no roads, so it’s a helicopter program. But the key thing is that if it makes sense to put it into production some day, the railroad is only 25 kilometres away. So it’s fairly easy to build a railhead and then a 25-kilometre dirt road to the property.”
Focus also announced the closing of a $10-million private placement. Economo comments, “This was a flow-through financing. Six million of that will go into the Lac Knife [graphite] project this year, for drilling. About $1 million will go into Kwyjibo, and maybe another $700,000 to $1 million will go into our other 265 claims that we’ve acquired this year to get a better feel of what we have and where those projects could end up. The balance will be spent next year. We have until December 2013 to spend the $10 million. All our exploration expenses will be covered for this year and next year.
“For the most part, Quebec is a very easy place to do work,” Economo continues. “All the support is readily available in places like Sept-Îles and Baie-Comeau and the town of Fermont. So everything we need we have access to. The government is very supportive, and we have great relationships with the local municipalities. It’s just a wonderful region to do business in.”
Does Economo consider Focus fairly valued? “I believe that at any given instant [the market valuation] doesn’t tell you the true story of what’s behind a company. If I look at it today, my answer is absolutely not. At the same time, take into consideration what’s going on around the world. We as CEOs don’t look at all those issues when we value our company; we look at what we have, what we’re going to do, and what we want to accomplish. That’s how we value our businesses. But there are a lot of other issues that one needs to look at—and the market does that for us. The market always finds equilibrium.”
He concludes, “We’re very happy with our progress at Kwyjibo. It was a five year earn-in for 50% [ownership], and in the next month or so we’ll have accomplished that in just over two years. So we’re way ahead of where we wanted to be with this project, and we’re extremely happy with where we are today. And we’re happy with the support we’re getting from SOQUEM in their running of the project.”
Disclaimer: Focus Metals is a client of OnPage Media and the principals of OnPage Media may hold shares in Focus.
by Ted Niles
This article was posted by Ted Niles - Resource Clips on Thursday, March 15th, 2012 at 8:13 am.
Quelle: http://resourceclips.com/2012/03/15/focus-ceo-gary-economo-on-quebec-assays-of-2-4-treo-over-48-8m/
[url=http://peketec.de/trading/viewtopic.php?p=1231806#1231806 schrieb:golden_times schrieb am 29.03.2012, 15:16 Uhr[/url]"]@ Olli. Dito, FMS ist mit NGC und FDR der klare leader im Sektor. Diese 3 Unternehmen können bereits mittelfristig von den
hohen Graphit-Preisen profitieren, da sie alle planen in 2013 in Produktion zu gehen. Damit sind allen weit voraus.
Bei FMS erwarte ich mittelfristig einiges, das ATH sollte bis Q3 locker drinnen sein, long term sehe
ich den pick bei 3-5 CAD
Bzgl. FMS Schedule. Da können wir dieses Jahr einiges erwarten, u.a. steht Folgendes an:
# massives Explorationsprogramm in FY 2012, etliche high potential targets sollen getestet werden;
infill + step out Bohrungen in Vorbereitung
# RE-Update; bis dato sind nur ein Bruchteil des Projektes + targets getestet
--> imho gigantisches Explorationspotential (mehr als 10 aussichtsreiche targets will be drilled)
# Scoping Studie (baut auf den zwei existierenden, historischen FS auf) --> FMS' Mine wird hochprofitabel imho
# Beginn des permitting Prozess
# Gespräche mit weiteren Partnern bzgl. offtake agreements
# neue Entwicklungen bzgl. der Verarbeitungstechnologie: FMS plant 99,99%tiges Graphit an Grafoid zu liefern
--> damit könnte man die höchsten Preise erzielen
# Konstruktionsbeginn! geplant Ende 2012, Anfang 2013
# Graphene Conference im April in Europa, u.a. wird der CEO von FMS dort vortragen
# market attention bzgl. dem Abnehmer-/Partnervertrag mit Grafoid
Du wirst dich sicher fragen, weshalb NGC die FMS so outperformt hat?!
1. wegen der share structure: NGC hat nicht mal halb so viele shares am Markt, und eine weltklasse structure, inkl. Insider
2. Rick Rule und Sprott haben 3/4 des letzten Financings von NGC übernommen, das ist schon eine Ansage
3. NGC wird nach den letzten Daten schneller in Produktion gehen können
4. NGC wird das Erz via Open Pit Mining aus dem Boden holen, FMS via UG
5. FMS besitzt zwar das hochgradigste Graphit-Vorkommen der Welt, NGC jedoch hat das qualitativste Graphiterz im Boden;
rund 80% des Graphiterzes bei NGC besteht aus Jumbo Flake (50%) und Larke Flake (30%);
(ohne Verarbeitungsprozess gesehen, nach diesem ist FMS wieder vorne)
6. Die Lokalisierung inkl. Infrastruktur + Abnehmerstruktur ist bei NGC noch eine Nummer besser
[url=http://peketec.de/trading/viewtopic.php?p=1231787#1231787 schrieb:Ollinho schrieb am 29.03.2012, 14:50 Uhr[/url]"]FMS mit dem potentiell hochgradigsten Vorkommen der Welt!? Noch dazu auch schon recht weit entwickelt.... die müssten doch extrem vom aktuellen Boom profitieren.
Cash ist gut vorhanden, Scoping Study -Lac Knife- "pending" etc....beim kurzen drüberlesen.
@ golden
Welchen Newsflow haben wir die nä. 12 Monate zu erwarten udn wie schätzt du die Performance-Chancen von FMS ein wenn der Hype anhält bzw. erst richtig in die Gänge kommt...
[url=http://peketec.de/trading/viewtopic.php?p=1231742#1231742 schrieb:
[url=http://peketec.de/trading/viewtopic.php?p=1232440#1232440 schrieb:
Focus Metals Inc. meldet Update von metallurgischen Tests bei Lac Knife
SGS: 46,1 % große Blättchen bestätigen die erstklassige hochgradige, hochkonzentrierte Graphitlagerstätte des Unternehmens
OTTAWA, 11. April 2012. Focus Metals Inc. (TSX-V: FMS; OTCQX: FCSMF; FSE: FKC) meldete heute die Ergebnisse der von SGS Metallurgical Services durchgeführten metallurgischen Erprobung seines Graphitkonzessionsgebiets Lac Knife (Québec). Diese zeigten, dass die Lagerstätte 46,1 % große Blättchen (+48 bis +100 Mesh), 39 % mittelgroße Blättchen (+150 bis +200 Mesh) und eine allgemeine Gewinnungsrate von 85,9 % aufweist.
Gary Economo, President und CEO von Focus Metals, sagte, dass abgesehen von den 46,1 % großen Blättchen auch der Rest der verfügbaren Graphitblättchen (+150 bis -200 Mesh) für die Produktion von Anoden für die schnell wachsende Branche der Lithiumbatterien verwendet werden könnte.
Herr Economo sagte: „Der Gehalt von 16 % und eine Konzentration von großen Blättchen von 46 % bei Lac Knife bestätigen die kommerzielle Vormachtstellung unserer Lagerstätte in einer aufstrebenden und äußerst kompetitiven Branche, vor allem wenn der Rest unserer Ressource größtenteils Batterieanwendungen gewidmet werden kann."
„Der Gehalt und die Qualität sind entscheidende Elemente für die kommerzielle Machbarkeit von Lac Knife. Höhere Gewinnungsraten durch die Verwendung neuer Verarbeitungs- und Reinigungstechnologien werden die tatsächlichen Ergebnisse zusätzlich verbessern", sagte Herr Economo. „Wir werden auch das Design unseres Produktionskreislaufs verbessern, um den Verarbeitungs- und Produktionsanforderungen potenzieller Kunden gerecht zu werden."
Herr Economo sagte, dass die erstklassigen großen Blättchen bei Lac Knife zu hervorragenden Preisen auf den Graphitmärkten führen und somit zusätzliche Gewinne für die Aktionäre erwirtschaften würden.
Die vollständigen Untersuchungsergebnisse sind in der nachfolgenden Tabelle aufgeführt. Erstklassiger großblättriger Graphit ist die bevorzugte Größe für die Verwendung in Technologieanwendungen und auf den Märkten zurzeit am wenigsten verfügbar.
Zur Ansicht der vollständigen Pressemeldung folgen Sie bitte dem Link: http://www.irw-press.com/dokumente/FocusMetals_130412_German.pdf
Die gesamte Kohlegewinnungsrate belief sich beim Batch-Flotation-Test auf 85,9 %. Die nächste Testphase erfolgt in einem geschlossenen Zyklus, um die allgemeine Gewinnungsrate zu verbessern und ein Fließschema und die Betriebsparameter für Focus Metals' Preliminary Economic Assessment („PEA") bereitzustellen.
Die in dieser Pressemitteilung enthaltenen technischen Informationen wurden von Tony Brisson, P.Geo., Vice President Exploration, einer „qualifizierten Person" gemäß National Instrument 43-101, geprüft.
Über SGS Metallurgical Services
SGS Metallurgical Services gilt als globaler Marktführer bei der Entwicklung bankfähiger Fließschemata und Pilotanlagen-Programmen. SGS Metallurgical Services wurde vor über einem halben Jahrhundert gegründet. Seine Metallurgen, Hydrometallurgen und Chemotechniker können bei allen wichtigen physikalischen und chemischen Separationsverfahren, die bei der Gewinnung von in Erzkörpern enthaltenen Metallen und Mineralien verwendet werden, eine langjährige Erfahrung vorweisen.
SGS: 46,1 % große Blättchen bestätigen die erstklassige hochgradige, hochkonzentrierte Graphitlagerstätte des Unternehmens
OTTAWA, 11. April 2012. Focus Metals Inc. (TSX-V: FMS; OTCQX: FCSMF; FSE: FKC) meldete heute die Ergebnisse der von SGS Metallurgical Services durchgeführten metallurgischen Erprobung seines Graphitkonzessionsgebiets Lac Knife (Québec). Diese zeigten, dass die Lagerstätte 46,1 % große Blättchen (+48 bis +100 Mesh), 39 % mittelgroße Blättchen (+150 bis +200 Mesh) und eine allgemeine Gewinnungsrate von 85,9 % aufweist.
Gary Economo, President und CEO von Focus Metals, sagte, dass abgesehen von den 46,1 % großen Blättchen auch der Rest der verfügbaren Graphitblättchen (+150 bis -200 Mesh) für die Produktion von Anoden für die schnell wachsende Branche der Lithiumbatterien verwendet werden könnte.
Herr Economo sagte: „Der Gehalt von 16 % und eine Konzentration von großen Blättchen von 46 % bei Lac Knife bestätigen die kommerzielle Vormachtstellung unserer Lagerstätte in einer aufstrebenden und äußerst kompetitiven Branche, vor allem wenn der Rest unserer Ressource größtenteils Batterieanwendungen gewidmet werden kann."
„Der Gehalt und die Qualität sind entscheidende Elemente für die kommerzielle Machbarkeit von Lac Knife. Höhere Gewinnungsraten durch die Verwendung neuer Verarbeitungs- und Reinigungstechnologien werden die tatsächlichen Ergebnisse zusätzlich verbessern", sagte Herr Economo. „Wir werden auch das Design unseres Produktionskreislaufs verbessern, um den Verarbeitungs- und Produktionsanforderungen potenzieller Kunden gerecht zu werden."
Herr Economo sagte, dass die erstklassigen großen Blättchen bei Lac Knife zu hervorragenden Preisen auf den Graphitmärkten führen und somit zusätzliche Gewinne für die Aktionäre erwirtschaften würden.
Die vollständigen Untersuchungsergebnisse sind in der nachfolgenden Tabelle aufgeführt. Erstklassiger großblättriger Graphit ist die bevorzugte Größe für die Verwendung in Technologieanwendungen und auf den Märkten zurzeit am wenigsten verfügbar.
Zur Ansicht der vollständigen Pressemeldung folgen Sie bitte dem Link: http://www.irw-press.com/dokumente/FocusMetals_130412_German.pdf
Die gesamte Kohlegewinnungsrate belief sich beim Batch-Flotation-Test auf 85,9 %. Die nächste Testphase erfolgt in einem geschlossenen Zyklus, um die allgemeine Gewinnungsrate zu verbessern und ein Fließschema und die Betriebsparameter für Focus Metals' Preliminary Economic Assessment („PEA") bereitzustellen.
Die in dieser Pressemitteilung enthaltenen technischen Informationen wurden von Tony Brisson, P.Geo., Vice President Exploration, einer „qualifizierten Person" gemäß National Instrument 43-101, geprüft.
Über SGS Metallurgical Services
SGS Metallurgical Services gilt als globaler Marktführer bei der Entwicklung bankfähiger Fließschemata und Pilotanlagen-Programmen. SGS Metallurgical Services wurde vor über einem halben Jahrhundert gegründet. Seine Metallurgen, Hydrometallurgen und Chemotechniker können bei allen wichtigen physikalischen und chemischen Separationsverfahren, die bei der Gewinnung von in Erzkörpern enthaltenen Metallen und Mineralien verwendet werden, eine langjährige Erfahrung vorweisen.
June 04, 2012 08:30 ET
Focus and Lara Sign Agreement for the Caninde Graphite Project, Ciera State, Brazil
OTTAWA, ONTARIO--(Marketwire - June 4, 2012) - Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Corporation") is pleased to announce that it has signed a Letter of Intent (the "Agreement") with Lara Exploration Ltd. ("Lara") for Lara's wholly-owned Canindé graphite project located in Ceará State, northeastern Brazil.
The Canindé project comprises 11 registered exploration licenses and an additional six exploration licenses pending approval by the Brazilian Department of Mines ("DNPM"). The project covers a total surface area of 15,615 hectares and hosts 22 surface graphite occurrences discovered by Lara in mid-2011.
The occurrences define a 16 km long, north-northwest trending graphitic corridor in high-grade metamorphic rocks within the Project area. Individual graphite occurrences range in width from less than 1 m to maximum of 10 m and host from 1-2%, disseminated graphite in paragneiss and schist (mostly flakes) to over 50% graphite in narrow lenses in gneiss, schist, pegmatitic migmatites and in brecciated horizons in gneiss. Graphitic carbon contents for surface grab samples from 15 of the occurrences range from less than 1% to a high of 42.04 %. The project is accessible by road.
Gary Economo, President & CEO of Focus Graphite said the move into Brazil, the world's third leading producer of graphite, is intended to expand the Corporation's operations and holdings internationally.
"Consolidation in the graphite mining sector is one of the pillars of our global business strategy," Mr. Economo said. "Caninde's potential opens the door for us to develop a new graphite district in Brazil.
"While our primary focus and priority continues to be Lac Knife's development, the Caninde project has the potential to add overall value from a second high quality graphite source," he said.
Mr. Economo added that the vast majority of Focus Graphite's financial and human capital will continue to be devoted to the construction of its Lac Knife, Quebec mine and facilities.
A map of the Canindé project together with photographs of selected graphite occurrences are available on the Corporation's website at www.focusgraphite.com.
The Agreement
Under the terms of the Agreement, Lara has granted Focus two separate options to acquire a total 60% undivided interest in the Canindé project in consideration of a staged exploration expenditure commitment over 5 years and by issuing 500,000 common shares to Lara on or before the third anniversary of the Agreement and by reimbursing Lara for claims acquisition costs. Focus will act as the Operator of the Canindé project exploration program throughout the duration of the Agreement.
Focus can exercise the First Option and earn a 51% interest in the Project by (i) issuing 500,000 common shares to Lara (100,000 shares upon signing of the agreement and 400,000 shares by the third anniversary thereof) and (ii) carrying out, as operator, exploration on the Property (including 2,000m of drilling and an electromagnetic survey of the entire Property) totaling $2.5 million by the third anniversary of the Agreement based on the following schedule: $500,000 each in years 1 and 2; and $1.5 million in year 3.
Focus can exercise the Second Option and earn an additional 9% interest in the Project (total: 60%) by carrying out, as operator, exploration on the Property (including a further 5,000 m of drilling) and completing a favorable Preliminary Economic Assessment in accordance with National Instrument 43-101, an expenditure totaling at least $4.5 million by the fifth anniversary of the Agreement.
If Focus elects not to exercise the Second Option, or elects but fails to exercise the Second Option, Lara and Focus will enter into the Joint Venture with Focus holding a 51% interest and Lara holding a 49% interest in the Project. If Focus exercises the Second Option, Lara and Focus will enter into the Joint Venture with Focus holding 60% interest and Lara holding 40%. Upon the execution of the Joint Venture both Parties will proportionately fund the exploration program and the party holding majority interest will be deemed the operator of the Joint Venture. If a Party's interest is reduced to less than 10%, its interest in the Joint Venture shall be converted into a 2% production royalty.
The Canindé project is subject to a 1% royalty payable to a third party on gross revenue from sales to a maximum of R$ 750,000 (approximately $369,000) as well as a one-time payment of R$ 200,000 (approximately $99,000) payable to said third party upon the delivery of an Economic Graphite Reserve estimate (non NI 43-101 compliant) as defined and approved by the DNPM.
The Agreement is subject to certain conditions precedent and covenants that must be satisfied in connection with the transaction. The parties intend to execute, on or before August 31, 2012, a Definitive Option agreement (to which will be attached a Joint Venture agreement to be entered into upon exercise of the First Option or, if applicable, the Second Option) and other documents necessary to complete the transactions contemplated hereby.
The Agreement is also subject to Board and regulatory approval by the TSX Venture Exchange (the "TSX-V").
Mr. Tony Brisson, P. Geo., a Qualified Person as defined by NI 43-101 is responsible for the technical information contained in this release.
Focus and Lara Sign Agreement for the Caninde Graphite Project, Ciera State, Brazil
OTTAWA, ONTARIO--(Marketwire - June 4, 2012) - Focus Graphite Inc. (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) ("Focus" or the "Corporation") is pleased to announce that it has signed a Letter of Intent (the "Agreement") with Lara Exploration Ltd. ("Lara") for Lara's wholly-owned Canindé graphite project located in Ceará State, northeastern Brazil.
The Canindé project comprises 11 registered exploration licenses and an additional six exploration licenses pending approval by the Brazilian Department of Mines ("DNPM"). The project covers a total surface area of 15,615 hectares and hosts 22 surface graphite occurrences discovered by Lara in mid-2011.
The occurrences define a 16 km long, north-northwest trending graphitic corridor in high-grade metamorphic rocks within the Project area. Individual graphite occurrences range in width from less than 1 m to maximum of 10 m and host from 1-2%, disseminated graphite in paragneiss and schist (mostly flakes) to over 50% graphite in narrow lenses in gneiss, schist, pegmatitic migmatites and in brecciated horizons in gneiss. Graphitic carbon contents for surface grab samples from 15 of the occurrences range from less than 1% to a high of 42.04 %. The project is accessible by road.
Gary Economo, President & CEO of Focus Graphite said the move into Brazil, the world's third leading producer of graphite, is intended to expand the Corporation's operations and holdings internationally.
"Consolidation in the graphite mining sector is one of the pillars of our global business strategy," Mr. Economo said. "Caninde's potential opens the door for us to develop a new graphite district in Brazil.
"While our primary focus and priority continues to be Lac Knife's development, the Caninde project has the potential to add overall value from a second high quality graphite source," he said.
Mr. Economo added that the vast majority of Focus Graphite's financial and human capital will continue to be devoted to the construction of its Lac Knife, Quebec mine and facilities.
A map of the Canindé project together with photographs of selected graphite occurrences are available on the Corporation's website at www.focusgraphite.com.
The Agreement
Under the terms of the Agreement, Lara has granted Focus two separate options to acquire a total 60% undivided interest in the Canindé project in consideration of a staged exploration expenditure commitment over 5 years and by issuing 500,000 common shares to Lara on or before the third anniversary of the Agreement and by reimbursing Lara for claims acquisition costs. Focus will act as the Operator of the Canindé project exploration program throughout the duration of the Agreement.
Focus can exercise the First Option and earn a 51% interest in the Project by (i) issuing 500,000 common shares to Lara (100,000 shares upon signing of the agreement and 400,000 shares by the third anniversary thereof) and (ii) carrying out, as operator, exploration on the Property (including 2,000m of drilling and an electromagnetic survey of the entire Property) totaling $2.5 million by the third anniversary of the Agreement based on the following schedule: $500,000 each in years 1 and 2; and $1.5 million in year 3.
Focus can exercise the Second Option and earn an additional 9% interest in the Project (total: 60%) by carrying out, as operator, exploration on the Property (including a further 5,000 m of drilling) and completing a favorable Preliminary Economic Assessment in accordance with National Instrument 43-101, an expenditure totaling at least $4.5 million by the fifth anniversary of the Agreement.
If Focus elects not to exercise the Second Option, or elects but fails to exercise the Second Option, Lara and Focus will enter into the Joint Venture with Focus holding a 51% interest and Lara holding a 49% interest in the Project. If Focus exercises the Second Option, Lara and Focus will enter into the Joint Venture with Focus holding 60% interest and Lara holding 40%. Upon the execution of the Joint Venture both Parties will proportionately fund the exploration program and the party holding majority interest will be deemed the operator of the Joint Venture. If a Party's interest is reduced to less than 10%, its interest in the Joint Venture shall be converted into a 2% production royalty.
The Canindé project is subject to a 1% royalty payable to a third party on gross revenue from sales to a maximum of R$ 750,000 (approximately $369,000) as well as a one-time payment of R$ 200,000 (approximately $99,000) payable to said third party upon the delivery of an Economic Graphite Reserve estimate (non NI 43-101 compliant) as defined and approved by the DNPM.
The Agreement is subject to certain conditions precedent and covenants that must be satisfied in connection with the transaction. The parties intend to execute, on or before August 31, 2012, a Definitive Option agreement (to which will be attached a Joint Venture agreement to be entered into upon exercise of the First Option or, if applicable, the Second Option) and other documents necessary to complete the transactions contemplated hereby.
The Agreement is also subject to Board and regulatory approval by the TSX Venture Exchange (the "TSX-V").
Mr. Tony Brisson, P. Geo., a Qualified Person as defined by NI 43-101 is responsible for the technical information contained in this release.
