Focus Graphite relinquish option to invest in Brazil project, releases feasibility results

By Siobhan Lismore-Scott
Published: Friday, 04 July 2014

Despite investing heavily in the junior in 2012, Focus has relinquished its interest, leaving Lara to seek a different partner. However the company is focusing on its Lac Knife project and its feasibility study has revealed lower operating costs than anticipated.

Focus Graphite Inc. has relinquished its option to earn up to a 60% interest in Lara Exploration’s Canindé graphite project in Ceará State, Brazil.

Focus invested heavily in the junior in 2012, paying for a programme of mapping, surface sampling and trenching.

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