First Canadian Graphite Secures Permit for Phase III Exploration at Lac Guéret South
Bitget2026/10/27 11:03- First Canadian Graphite received authorization for Phase III exploration at its Lac Guéret South graphite project in Québec.
- Stripping and channel sampling will begin in mid-November 2026, immediately followed by approximately 20,000 metres of diamond drilling.
- The five- to six-month program has a planned budget of C$ 6.5 million, with initial results expected in early 2027.
- Drilling will test mineralization continuity at depth beneath Zone 13’s approximately 3.3-kilometre surface strike, where assays reached 43.4% graphitic carbon.
- Surface sampling yielded 45.7% of 46 samples above 15% graphitic carbon, including 14 samples exceeding 20%.
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