First Canadian Graphite Mobilizes Field Crews to Lac Gueret South - Targeting New Kilometre-Scale Anomaly and High-Grade Zones

First Canadian Graphite Inc. has mobilized field crews to its Lac Guéret South Project in Quebec. The immediate campaign focuses on ground-truthing Zone 13, a newly identified kilometre-scale electromagnetic anomaly, alongside known high-grade zones 1, 4, and 6. Activities include prospecting, geological mapping, grab sampling, and structural analysis to refine drill targets.

Priority zones will be mechanically stripped and channel sampled in the fall to optimize locations for a planned diamond drilling program in late fall 2026. The company's land package now covers 167 km², making it one of the largest in the Lac Guéret Graphite District. Management confirms the company is fully funded to advance exploration through 2026.

First Canadian Graphite Inc. (FCI) has initiated its summer field program, a move that aligns with the exploration roadmap announced in mid-June 2026. This phase follows encouraging airborne geophysical results released in May, with crews now mobilizing to focus on Zone 13 and historical high-grade zones.

The update confirms operational progress toward a fall drilling campaign. No new capital has been raised, and no major discovery or resource expansion has been announced. The market likely priced in this progression given prior announcements regarding the completion of the airborne survey and the company's funding status.

First Canadian Graphite Inc. is an exploration-stage company focused on the Lac Guéret South Project (formerly Berkwood) in Quebec's Côte-Nord region. The project hosts a historical NI 43-101 resource of 1.76 million tonnes indicated at 17% graphitic carbon and 1.53 million tonnes inferred at 16.4% graphitic carbon. The deposit is noted for high-grade, large-flake graphite, with metallurgical tests showing >85% of flakes larger than 80 mesh and purity levels of 95-98.5% using dry-air classification. Located 8 km southwest of Nouveau Monde Graphite's Uatnan project, the property benefits from proximity to all-season roads, regional rail, and the deepwater port at Baie-Comeau. The company has expanded its land package to 167 km², positioning it as a major landholder in the district.