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First Canadian Graphite Inc. Announces Commencement of Airborne Electromagnetic (EM) and Magnetic Surveys and Expands Land Holdings

First Canadian Graphite expands footprint and takes to the skies as supply-chain jitters fuel resource speculation.

By The Northwire Desk — AI Analysis Jan 12, 2026 · 06:00 FCI · 0.37 First Canadian Graphite Inc.

Executive Summary

On January 12, 2026, First Canadian Graphite Inc. (FCI) announced the commencement of airborne electromagnetic (EM) and magnetic surveys over its flagship Berkwood Graphite Project in Quebec. This geophysical program, conducted by Prospectair, targets five high-priority areas to define the scope of graphite mineralization ahead of a planned Spring/Summer 2026 drill program. Simultaneously, the company expanded its land position by staking an additional 125 claims, a 72% increase in total project area, now totaling 16,542 hectares.

Material Impact

The news is material but falls into the routine category for an exploration-stage company. - Operational Momentum: The commencement of the survey follows a series of financings in late 2025. It demonstrates that the company is deploying its flow-through capital immediately into the ground. - Strategic Land Expansion: Increasing land holdings by 72% suggests management sees significant district-scale potential beyond the current 2019 resource area. - De-risking: Geophysical surveys are a cost-effective way to identify conductors (graphite is highly conductive), which increases the probability of success for the upcoming drill program. - Market Context: This news maintains the narrative that FCI is moving toward an updated 43-101 resource, which the company previously noted is six years old and needs modernization.

FCI · Price

Company Overview

FCI is a junior explorer focused on the Berkwood Graphite Project in Northern Quebec. The project is adjacent to Nouveau Monde Graphite’s Uatnam project. - Flagship: Berkwood Graphite Project. - Resource: 2019 NI 43-101 estimate of 1.76M tonnes Indicated (17% Cgr) and 1.53M tonnes Inferred (16.4% Cgr). - Jurisdiction: Quebec, Canada (Tier 1 mining jurisdiction).

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First Canadian Graphite Inc. Announces Commencement of Airborne Electromagnetic (EM) and Magnetic Surveys and Expands Land Holdings

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