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Focus Minerals Ltd.
Summary
| Project: | Laverton | |
|---|---|---|
| Deposit: | Telegraph | |
| Location: | Australia | |
| Commodities: | Gold | |
| Date: | 10/28/2019 | |
| Report Code: | JORC | |
| Report Type: | Resource Estimation | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 28-10-2019: Focus Minerals Ltd. announces a Resource Estimation report for its Telegraph deposit at the Laverton project. Resource estimate for the Telegraph open pit deposit at Laverton. Focus Minerals (ASX: FML) (Focus or the Company) is pleased to anno | |
| Resources: | (Resource, I+I): 1.17Mt @ 1.81g/t Au at Telegraph open pit | |
| CP/QP: | [Resources]: Hannah Kosovich (Internal) | |
| ABSTRACT: | Focus Minerals (ASX: FML) (Focus or the Company) is pleased to announce a JORC 2012 Mineral Resource upgrade for the Telegraph open pit deposit, which is located 5km northeast of the Beasley Creek deposit. The Telegraph JORC 2012 Open Pit Mineral Resource is reported above 265mRL (to 185m below surface) using a 0.8g/t Au cut-off grade. The Mineral Resource is reported on a dry tonnage basis. See the attached JORC Table 1 for details. Telegraph is one of several significant deposits and prospects across Focus’ Laverton Gold Project, The JORC 2012 Mineral Resource for Telegraph was compiled using a total of 374 drill holes. These holes comprised 277 Reverse Circulation (RC) and 97 diamond holes, mostly with an RC pre-collar (RCDD). In 2019, Focus conducted a two-stage infill and resource extension drilling programmes. | |
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