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Focus Minerals Ltd.
Summary
| Project: | Coolgardie | |
|---|---|---|
| Deposit: | Greenfields | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 5/29/2017 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing PEA | |
| Report details: | 29-5-2017: Focus Minerals Ltd. announces a Resource Estimation report for its Greenfields deposit at the Coolgardie project. Amended announcement of mineral resource estimate to meet JORC code. On May 24, Focus Minerals Ltd (“Focus”) released an announcem | |
| Resources: | (Resource, I+I): 1.394Mt @ 1.7 g/t Au for 77000oz at Greenfields | |
| CP/QP: | [Resources]: Mark Rigby, Hannah Kosovich (Internal) | |
| ABSTRACT: | On May 24, Focus Minerals Ltd (“Focus”) released an announcement that included an update to the Greenfields deposit Mineral Resource estimate, in order to bring it into compliance with JORC 2012. The ASX has determined that updating a Mineral Resource from JORC 2004 to JORC 2012 constitutes a ‘material’ change and, as such, information that was included in the JORC tables presented on pages 8-21 of the May 24 announcement is required to also be included in the main text. This announcement replaces the Greenfields Mineral Resource update contained in the May 24 announcement. It differs only by the inclusion of summary information required under LR 5.8.1 (the information was originally included in the tables in accordance with LR 5.8.2) which can be found on pages one to three of this announcement. There is no change to the Mineral Resource estimate classification, tonnes, grade, or ounces. This announcement also includes a combined Mineral Resource table including recently announced changes to the Greenfields and Brilliant Mineral Resource estimates (See Figure 3 on page 4). It is current at 29 May 2017 and thus replaces all previous versions. For the avoidance of doubt, there are no changes to Mineral Resource classifications, tonnes, grade, or ounces since the last Mineral Resource table shown in the AGM presentation of May 25. | |
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