For thousands of other reports visit RSC's Mineral Intellingence Map
Focus Minerals Ltd.
Summary
| Project: | Coolgardie | |
|---|---|---|
| Deposit: | Bonnie Vale | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/30/2018 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-5-2018: Focus Minerals Ltd. announces a Resource Estimation report for its Bonnie Vale deposit at the Coolgardie project. Updated mineral resource estimate at Bonnie Vale deposit. Focus Minerals Ltd. (“Focus” or “the Company”) is pleased to announce th | |
| Resources: | (Resource, I+I): 0.939Mt @ 6.8g/t Au for 205Koz Au contained at Bonnie Vale | |
| CP/QP: | [Resources]: Hannah Kosovich (Internal) | |
| ABSTRACT: | Focus Minerals Ltd. (“Focus” or “the Company”) is pleased to announce that recent drilling at Bonnie Vale Deposit in Coolgardie has added 10,000 contained ounces to its Bonnie Vale Mineral Resource estimate. The resource is reported above a 2g/t cut-off for the Quarry Reef lode, comprises The Mineral Resource is reported on a dry tonnage basis. See the enclosed JORC Table 1 for additional details. Focus announced an updated Mineral Resource at the Bonnie Vale Deposit on 28 October 2016 (for a total of 195,000 ounces Au). Since then, the Company conducted a 3-diamond hole (with RC precollar) drilling programme, testing the extension of the main Quarry Reef (Figures 1 and 2). The Bonnie Vale Mineral Resource estimate is based on a total of 79 drill holes comprising: 62 RC holes, 1 diamond hole (DD) and 16 diamond holes with an RC pre-collar (RC/DD), totalling 22,990.9m. The Bonnie Vale Mineral Resource reported according to the JORC Code 2012 Edition is tabulation as Indicated and Inferred material above 2g/t gold cut-off as shown below: Bonnie Vale is located 10km north of the township of Coolgardie in the Eastern Goldfields of Western Australia with access via the Coolgardie North Road. It is situated predominantly on Mining Lease M15/0595 with minor extensions onto M15/0877 and Prospecting Licence P15/5159. These are all wholly owned by Focus | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report