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Focus Minerals Ltd.
Summary
| Project: | Coolgardie | |
|---|---|---|
| Deposit: | Brilliant North | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/30/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 30-7-2019: Focus Minerals Ltd. announces an Exploration/Drilling Update report for its Brilliant North deposit at the Coolgardie project. Drilling results incl. 36m @ 6.36g/t Au from 186m. West Australian gold explorer Focus Minerals (ASX: FML) (Focus or | |
| Resources: | (not mentioned in this report) | |
| 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 the RC drilling completed in June at Brilliant North, at the Company’s Coolgardie Gold Project, has intersected high grade gold mineralisation. All five holes drilled at Brilliant North intersected significant gold mineralisation. In particular, Hole 19BNRC005 intersected large downhole intervals of mineralisation including high and very high grades. The Brilliant North is one of the best known and most under drilled gold projects at Coolgardie. The mineralisation at Brilliant North starts immediately north of the Brilliant Open Pit and extends north to Rose Hill over at least 850m strike. Exploration and development of the Brilliant North Project has been limited by complex tenure and the location of the historic Coolgardie State Battery Tails. Focus Minerals’ tenure on M15/1788 and M15/646 covers +700m strike of Brilliant North. However, 280m of that strike on M15/1788 is overlain by Northern Star (ASX:NST) tenement M15/1204. M15/1204 extends from surface to 30m vertical depth. In addition, much of M15/1204 is covered by contaminated tails from the historical Coolgardie State Battery. The mixed tenure ownership and the forecast tails clean-up costs should mining proceed have previously held back progress at the project. | |
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