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Focus Minerals Ltd.
Summary
| Project: | Coolgardie | |
|---|---|---|
| Deposit: | Greenfields | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 7/9/2020 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 9-7-2020: Focus Minerals Ltd. announces a Resource Estimation report for its Greenfields deposit at the Coolgardie project. Updated Mineral Resource Estimate for Greenfields Deposit. West Australian gold explorer Focus Minerals (ASX: FML) (Focus or the Co | |
| Resources: | (Resources, M+I): 2.66Mt @ 1.62g/t Au (139koz Au) | |
| CP/QP: | [Resource] Hannah Kosovich (Internal) | |
| ABSTRACT: | West Australian gold explorer Focus Minerals (ASX: FML) (Focus or the Company) is pleased to announce the new JORC 2012 Minerals Resource for the Greenfields gold deposit (Greenfields), as a result of a comprehensive review of the historical resource model that was used in the 2017 Prefeasibility Study (2017 PFS). 1 Greenfields is part of Focus’ Coolgardie Gold Project (Coolgardie), which covers 175km2 of highly prospective tenements on the outskirts of the Coolgardie township in the Goldfields. The new JORC 2012 open pit resource model for Greenfields is reported above 230mRL (to 170m below surface) using a 0.8g/t Au cut-off grade and comprises: The Greenfields Ore Reserve in the 2017 PFS should not be relied upon as it was built on the previous resource model. The updated PFS will be completed in early August, which will provide the updated ore reserve numbers. | |
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