TSX-listed graphite exploration company Focus Graphite has signed a letter of intent (LoI) to sell its 50% interest in the Kwyjibo rare-earth elements project to Investissement Québec for C$7.2-million.
The project, totalling 116 map-designated claims (CDC) and covering 6 283.5 ha, is located a few kilometres north of Manitou Lake, about 125 km northeast of Sept-Îles, in the Côte-Nord administrative district of Québec