First Cdn increases EM, magnetic surveys at Berkwood

Executive Summary

• First Canadian Graphite increased the airborne EM‑magnetic and magnetic survey area over its newly acquired Berkwood claims in northern Quebec.
• Volt Carbon Technologies completed dry‑air classification metallurgical testing on Zone 3 grab samples, reporting high graphite carbon contents (average 32.47 % total C, 22.90 % graphitic C) and large‑flake size (>85 % > 80 mesh).
• The results support continued exploration, further metallurgical optimization, and upcoming drilling planned for spring/summer 2026.

Key Details

• Survey Expansion: Airborne EM & magnetic surveys enlarged to cover additional newly acquired claims surrounding the Berkwood project; data will guide future drill targeting.
• Metallurgical Testing (Zone 3):
• Eight grab samples (2 kg each) collected over a 200 m × 50 m area centered at Zone 19 (49 0000 E / 5 666 400 N NAD83).
• Graphitic carbon (Cg) ranged 6.43 % – 39.66 %; average total carbon (Ct) 32.47 %, average Cg 22.90 %.
• Flake‑size distribution: >85 % of flakes > 80 mesh.
• Processing Method: Volt’s proprietary dry‑air classification (no water or chemicals) achieved graphite purities of ≈95 % – 98.5 % on prior test work, independently verified by ProGraphite GmbH.
• Sampling Context: Samples are surface composites from Zone 3; not representative of overall project recovery but indicate potential for high‑purity, large‑flake graphite.
• Next Steps:
• Integrate geophysical survey results with metallurgical data to refine exploration targets.
• Conduct additional testing to optimize the dry‑air process.
• Advance discussions with partners interested in high‑purity, large‑flake graphite.
• Planned drilling campaign for spring/summer 2026.
• Quotes:
• Thomas Yingling (President & CEO, First Canadian Graphite): “We are very pleased to increase the size of the airborne geophysical surveys… The strong metallurgical results from Zone 3 confirm its potential as an important part of our growing graphite asset base.”
• V‑Bond Lee (President & CEO, Volt Carbon Technologies): “We are encouraged by the high graphitic content and favourable flake size distribution observed in the grab samples. These findings reinforce the potential of Zone 3 as a promising target for further exploration.”
• Qualified Person: Dr. Christian Derosier, P.Geo (OGQ No. 0129), reviewed and approved technical content per NI 43‑101.

Notable Quotes

• Thomas Yingling: “These results support our strategy of advancing a sustainable and environmentally responsible graphite project.”
• V‑Bond Lee: “The dry air classification process offers an energy‑efficient, water‑free alternative to conventional flotation methods.”