Focus Metals Inc.
TSX VENTURE : FMS

Focus Metals Inc.

September 02, 2010 15:42 ET

Focus Metals: Exploration Activities on the Quebec Kwyjibo Property and Welcomes a New Board Member and Chairman

OTTAWA, ONTARIO--(Marketwire - Sept. 2, 2010) - Focus Metals Inc. (TSX VENTURE:FMS) ("Focus" or the "Corporation") is pleased to announce that Mr. Gary Economo has been appointed as a Director of Focus. He will be replacing Mr. André Audet who has resigned. Mr. Jeffrey York is also being appointed to Chairman of the Board.

In other news:

Further to the press release dated August 19 2010, the company will be conducting a field visit to the Lac Knife Graphite project during the week of September 6th

"The company is also pleased to report the start of exploration activities on the Kwyjibo property. The field work consists of follow-up (prospecting) on geophysical (VTEM) anomalies, sampling and mapping of new magnetite occurrences and on known Cu-REE showings. Re-logging and re-assaying for the full range of rare earth elements of some of the historical drill holes is planned for this fall. The exploration work is being conducted by SOQUEM, the operator for the first two years of the exploration program. Early results from the field work is anticipated later this fall."

In the Labrador Trough Ni-Cu-PGE properties, detailed compilation maps have been completed and new mining titles were map designated in this area.

"We are very pleased with our progress on all our projects so far this year, our focus will continue to be in completing our field work on the Kwyjibo properties and closing the Lac Knife acquisition over the next month", stated Gary Economo, President and Chief Executive Officer.

Profile

Focus Metals Inc. is an emerging mid-tier junior mining exploration company with excellent discovery stage base metals and industrial minerals opportunities in Quebec. A determined management team with extensive mining business experience lead the Corporation. 

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.

Contact Information

  • Focus Metals Inc.
    Gary Economo
    President and Chief Executive Officer
    613-691-1091 Ext.101
    gary@focusmetals.ca