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Transaction Announcement Reports
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Project: | Laverton | |
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Deposit: | Karridale | |
Location: | Australia | |
Commodities: | Gold | |
Date: | 10/30/2019 | |
Report Code: | JORC | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resource Increase/Upgrade | |
Report details: | 30-10-2019: Focus Minerals Ltd. announces an Exploration/Drilling Update report for its Karridale deposit at the Laverton project. Drilling results incl. 12.00m @ 7.63g/t Au from 140m. West Australian gold explorer Focus Minerals Ltd (ASX: FML) (Focus or | |
Resources: | (not mentioned in this report) | |
CP/QP: | [Overall Report]: Alex Aaltonen (Internal) | |
ABSTRACT: | West Australian gold explorer Focus Minerals Ltd (ASX: FML) (Focus or the Company) is pleased to announce a large number of high-grade intersections from a resource infill drilling programme at Karridale, part of the Company’s 100%-owned Laverton Gold Project in the north-eastern Goldfields. The programme was primarily designed to convert the Inferred Resource at Karridale1 into Indicated Resource under the JORC 2012 standard. A Mineral Resource update for Karridale is expected before the end of this year. Karridale is one 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. Between July and September 2019, reverse circulation (RC) and diamond drilling activities were conducted at Karridale. In total, 85 RC holes were completed for 15,556m. A further seven RC pre-collars were completed for 989m and followed by seven diamond tails, which were completed for 526.2m. | |
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