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Focus Graphite Initiates WSP-Led Dam Break Study at Lac Knife, Advancing ESIA Toward Completion

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Executive Summary

Focus Graphite Inc. has commenced a critical tailings storage facility dam break analysis at its flagship Lac Knife Graphite Project in Quebec, marking a significant advancement toward project permitting and development. The comprehensive study, led by global engineering consultant WSP Canada Inc., will evaluate hypothetical failure scenarios for the project's planned filtered dry-stack tailings storage facility using advanced hydrological and hydraulic modeling under extreme conditions including Probable Maximum Precipitation scenarios.

The analysis represents one of the final major technical components required to complete the company's Environmental and Social Impact Assessment (ESIA), with results expected to be incorporated into regulatory submissions supporting the 2026 ESIA advancement timeline. The study will generate detailed flood mapping and downstream impact assessments, conducted in alignment with industry frameworks including Canadian Dam Association guidelines and the Global Industry Standard on Tailings Management, demonstrating the company's commitment to risk-informed and environmentally responsible project design.

The Lac Knife project utilizes modern filtered dry-stack tailings technology, widely recognized as a lower-risk alternative to conventional slurry-based tailings systems. This approach, combined with the rigorous dam break analysis, positions the project favorably for regulatory approval while addressing environmental and community concerns. The project represents one of North America's most advanced high-purity graphite deposits with a completed feasibility study, targeting supply for battery, defense, and industrial applications.

Completion of this study and the broader ESIA process will establish a clearer pathway to permitting and construction readiness for Focus Graphite's flagship asset. The company's strategic focus on developing domestic North American graphite supply aligns with broader critical minerals security initiatives, potentially reducing dependence on foreign-controlled markets while supporting the transition to sustainable energy technologies.
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