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Focus Minerals Ltd.
Summary
| Project: | Laverton | |
|---|---|---|
| Deposit: | Beasley Creek South | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/28/2020 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-4-2020: Focus Minerals Ltd. announces an Exploration/Drilling Update report for its Beasley Creek South deposit at the Laverton project. Drilling results incl. 11.8m @ 3.17g/t Au from 112m. West Australian gold explorer Focus Minerals (ASX: FML) (Focus | |
| Resources: | (Resource, I+I): 2.66mt @ 2.24g/t Au at Beasley Creek | |
| CP/QP: | [Overall Report]: Alex Aaltonen (Internal) | |
| ABSTRACT: | West Australian gold explorer Focus Minerals (ASX: FML) (Focus or the Company) is pleased to announce that staged diamond drilling at the Beasley Creek South deposit, part of the Company’s 100%-owned Laverton Gold Project, has deliver more strongly mineralised intersections. Beasley Creek South (BCS) is 400m from the Beasley Creek deposit, which is one of several significant gold assets that make up the Laverton Gold Project (Laverton). Focus is well advanced in identifying sufficient mineral resources across Laverton’s highly prospective 386km2 parcel of tenements to underpin development of a Stage 1 gold mining operation. Focus resumed diamond drilling at BCS in January and the campaign has continued into the June 2020 Quarter. The best five intersections1 recorded from drilling completed in the March 2020 Quarter included: Focus drilled 4,571m at BCS during the March 2020 Quarter and remains on track to complete staged resource drilling in May. A resource estimation for BCS is expected to be completed in the June 2020 Quarter. In addition, 10 diamond and reverse circulation (RC) holes were completed at Beasley Creek late in the March 2020 Quarter for 1,577m | |
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