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Focus Minerals Ltd.

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Summary

Project:

Laverton

Deposit:Beasley Creek South
Location:Australia
Commodities:Gold
Date:7/15/2020
Report Code:JORC
Report Type:Resource Estimation
Project Stage:Pursuing Resource Increase/Upgrade
Report details:15-7-2020: Focus Minerals Ltd. announces a Resource Estimation report for its Beasley Creek South deposit at the Laverton project. Updated Mineral Resource Estimate for Project. West Australian gold explorer Focus Minerals (ASX: FML) (Focus or the Company
Resources:(Resources, I+): 1.014Mt @ 3.55g/t Au (115.7koz Au)
CP/QP:[Resource] Hannah Kosovich (Internal)
ABSTRACT:West Australian gold explorer Focus Minerals (ASX: FML) (Focus or the Company) is pleased to announce that the recent diamond drilling campaigns at Beasley Creek South have delivered a major increase in the shallow, high grade gold mineral resource. The new Mineral Resource is reported to 180m (250 RL) depth from surface using 0.8g/t Au cut-off and on a dry tonnage basis The mineralisation at Beasley Creek South remains open along strike and at depth, providing Focus with confidence in the potential for further increases in the mineral resource. Beasley Creek South is 400m south of the Beasley Creek deposit, which is a core asset of the Company’s 100%-owned Laverton Gold Project (Laverton). Focus is well advanced in identifying sufficient mineral resources across its highly prospective 386km2 parcel of tenements to commence a Stage 1 gold mining operation at Laverton. Commenting on the outstanding Beasley Creek South results, Focus Minerals’ CEO, Mr Zhaoya

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