# Focus Graphite Announces SEDAR+ Filing of the NI 43-101 Technical Report with the Updated Mineral Resource for the Lac Tetepisca Project Canonical Atlas analysis: https://atlas-extractions.minestarters.com/news/focus-graphite-announces-sedar-filing-of-the-ni-43-101-technical-report-with-the--73c806db-78b7-4304-ac27-8721ecd04018 Original source: https://money.tmx.com/en/quote/FMS/news/6531194659758337/focus-graphite-announces-sedar-filing-of-the-ni-43-101-technical-report-with-the Publisher: tmx Original announcement: 2026-06-22T09:00:00.000Z Analysis by Minestarters Atlas Atlas analysis published: Unknown date Atlas analysis updated: Unknown date - Company: Focus Graphite Inc. - Ticker: FMS - Exchange: TSX - Region: Quebec - Primary commodity: Graphite - Secondary commodities: None reported - Document categories: Resource update - Extracted: 2026-09-17 22:44:58 UTC Narrative sentiment: 0.80 · Bullish ## Minestarters Atlas summary Focus Graphite has filed an updated NI 43-101 technical report for the Lac Tetepisca Project in Quebec, revealing a significant graphite resource. The estimate includes 120.2 Mt of Indicated resource at 10.27% Cg and 24.1 Mt of Inferred resource at 9.88% Cg. Reasoning: The announcement reports a substantial updated mineral resource estimate for a large-scale graphite project, providing high-grade Indicated and Inferred categories with clear technical parameters. - Positive factor: Significant scale with 120.2 Mt Indicated resource - Positive factor: High-grade profile at 10.27% Cg - Positive factor: NI 43-101 compliant update - Positive factor: Expansion potential noted via step-out and infill drilling Facts used in scoring: 2 ## Classification and evidence **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: The resource estimate includes 120,163 kt of Indicated graphite resource. Evidence · text > 120.2 million tonnes \("Mt"\) of Indicated resource **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: The resource estimate includes 24,143 kt of Inferred graphite resource. Evidence · text > 24.1 Mt of Inferred resource **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: The MRE was completed pursuant to the requirements of National Instrument 43-101. Evidence · text > completed pursuant to the requirements of National Instrument 43-101 **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: Qualified Persons Jean-Michel Dubé and Alexandre Burelle are named as responsible for the estimate. Evidence · text > The independent and qualified persons \("QPs"\) for the mineral resource estimate... are Jean-Michel Dubé, P.Geo. from IOS Geosciences and Alexandre Burelle, P.Eng., from Evomine Consulting. **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: The resource was calculated based on a 3.5% Cg cut-off grade. Evidence · text > calculated based on a conservative 3.5% Cg cut-off grade **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: The source explicitly discloses a revised resource estimate Evidence · text > Updated Mineral Resource ## Extracted facts Stored fact records: 2. Some facts used in scoring do not have a stored record. ## Resource Estimates (2) ### indicated [Link to this fact](https://atlas-extractions.minestarters.com/news/focus-graphite-announces-sedar-filing-of-the-ni-43-101-technical-report-with-the--73c806db-78b7-4304-ac27-8721ecd04018#fact-resource-facts-0) Lac Tetepisca Project · graphite #### Identity - Project: Lac Tetepisca Project - Commodity: graphite - Region: canada\_qc - Reported Region: Quebec - Ticker: FMS #### Resource scope - Estimate type: resource - Effective date: 2026-04-30T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jean-Michel Dubé, Alexandre Burelle - Resource group id: resource:00c81d93118f2ff8ac18 - Deposit or zone: MOGC - Mining method: open\_pit - Ownership percent: 100 % #### Resource Data - Category: indicated - Tonnes: 120163000 - Grade: 10.27 - Grade Unit: % - Contained Metal: 12345000 - Contained Unit: kt - Cutoff Grade: 3.5 - Cutoff Unit: % Cg #### Prior Estimate - Resource Date: 2026-04-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-22T00:00:00.000Z Reasoning: Strong Indicated resource component with high grade and significant tonnage. - Positive factor: High grade \(10.27%\) - Positive factor: Large tonnage \(120 Mt\) Evidence · table > 10.27 Context: 120,163 #### Tags used in scoring **Indicated Resource** Polarity: positive Definition: Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves. Why it applies: category is "indicated" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ### inferred [Link to this fact](https://atlas-extractions.minestarters.com/news/focus-graphite-announces-sedar-filing-of-the-ni-43-101-technical-report-with-the--73c806db-78b7-4304-ac27-8721ecd04018#fact-resource-facts-1) Lac Tetepisca Project · graphite #### Identity - Project: Lac Tetepisca Project - Commodity: graphite - Region: canada\_qc - Reported Region: Quebec - Ticker: FMS #### Resource scope - Estimate type: resource - Effective date: 2026-04-30T00:00:00.000Z - Reporting standards: ni\_43\_101 - QP Signed: Yes - Qualified person names: Jean-Michel Dubé, Alexandre Burelle - Resource group id: resource:e0a2b6b129380706c33f - Deposit or zone: MOGC - Mining method: open\_pit - Ownership percent: 100 % #### Resource Data - Category: inferred - Tonnes: 24143000 - Grade: 9.88 - Grade Unit: % - Contained Metal: 2386000 - Contained Unit: kt - Cutoff Grade: 3.5 - Cutoff Unit: % Cg #### Prior Estimate - Resource Date: 2026-04-30 #### Review - Needs Review: No - Historical: No #### Dates - Event date: 2026-06-22T00:00:00.000Z Reasoning: Substantial Inferred resource supporting the overall project scale. - Positive factor: Good grade \(9.88%\) - Negative factor: Inferred category limits confidence Evidence · table > 9.88 Context: 24,143 #### Tags used in scoring **Inferred Resource** Polarity: negative Definition: Speculative category — limited drilling, geological continuity assumed but not confirmed. Cannot support economic studies alone. Why it applies: category is "inferred" **Cut-off Disclosed** Polarity: positive Definition: Cut-off grade used for resource reporting is clearly stated, enabling like-for-like comparison. Why it applies: cutoff\_grade is stated **QP/CP Signed** Polarity: positive Definition: Qualified Person \(QP\) or Competent Person \(CP\) named and signed off — a member of a recognized professional association \(e.g., AusIMM, SME, AIG, P.Geo\) with relevant experience. Why it applies: qp\_signed is true **NI 43-101 Compliant** Polarity: positive Definition: Resource estimate prepared in compliance with NI 43-101 \(Canada\) — high reporting standard. Why it applies: reporting\_standards includes ni\_43\_101 **Resource Update** Polarity: neutral Definition: Revised estimate for an existing resource — compare to prior to assess progress. Why it applies: the release compares against a previous estimate **PEA-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study. Why it applies: the release names the study this estimate supports **DFS-Supporting** Polarity: neutral Definition: Resource estimate prepared to support a Definitive Feasibility Study — requires high M&I confidence. Why it applies: the release names the study this estimate supports ## How Atlas produces this analysis Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.