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Focus Minerals Ltd.
Summary
| Project: | Laverton | |
|---|---|---|
| Deposit: | Karridale | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 4/29/2019 | |
| Report Code: | JORC | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 29-4-2019: Focus Minerals Ltd. announces an Exploration/Drilling Update report for its Karridale deposit at the Laverton project. Drilling results incl. 6m @ 12.68g/t Au from 145.00m. West Australian gold explorer Focus Minerals (ASX: FML) (Focus or the C | |
| 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 advise that the latest campaign of drilling at the Karridale deposit, part of the Company’s Laverton Gold Project, successfully extended mineralisation in a north-eastly direction. All eight reverse circulation (RC) holes intersected multiple significant mineralised intersections, including several high-grade hits, at shallow depths. All of which could potentially expand the 538,000oz of Mineral Resources1 to a larger number. The new holes in-fill and extend mineralisation by an additional 160m to the northeast and will be included in upcoming resource estimation to be completed in the June Quarter 2019. The drilling program in February was completed during a short pause in ongoing resource definition drilling at the Beasley Creek deposit. Beasley Creek and Karridale are two of several significant deposits and prospects across Focus’ Laverton Gold Project, which covers a 507 square kilometre parcel of highly prospective tenements on the outskirts of the Laverton township, in Western Australia’s north-eastern Goldfields. | |
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