West Australian gold explorer Focus Minerals (ASX: FML) has reported on activities carried out in the March quarter, which were focused primarily on identifying sufficient mineral resources across the Company’s flagship 100% owned Laverton Gold Project. Deposits across Laverton’s highly prospective 386km2 parcel of tenements will underpin development of Focus’ Stage 1 gold mining operation.
In the period to 31 March 2020, Focus completed approximately 9,285m of drilling, mostly at Laverton.
The drilling included 6,148m at Stage 1 deposits and 1,294m on exploration at Lake Carey, a Stage 2 prospect. During the quarter, Focus also completed 1,995m at the 100%-owned Coolgardie Gold Project (Coolgardie)
Laverton
Strongly mineralised intersections were reported from resource development drilling at the Beasley Creek South (BCS) deposit (see ASX announcement dated 28 April 2020). All listed intersections were calculated using 0.5g/t cut off and up to 3m internal dilution. Best intersections included:
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20BSDD014 – 11.8m @ 3.17g/t from 112.2m (37 GxM) including 5.9% core loss;
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20BSDD008 – 6m @ 5.36g/t from 139m (32 GxM) including 10.8% core loss;
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20BSDD002 – 11.6m @ 2.59g/t from 60.4m (30 GxM) including 4.7% core loss;
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20BSDD018 – 12m @ 1.84g/t from 143m (22 GxM) including 9.2% core loss; and
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20BSDD016 – 8m @ 2.13g/t from 167m (17 GxM) including 23.1% core loss.
Drilling co-funded by the WA Government’s Exploration Incentive Scheme was completed at Lake Carey. Three diamond holes were drilled for 1,294m. Assay results are expected in May 2020.
