West Australian gold explorer Focus Minerals (ASX: FML) has provided an update on exploration completed during the March quarter at its 100% owned Coolgardie project near Kalgoorlie, WA.
The Coolgardie project covers a 203km2 tenement package and the 1.2Mtpa processing plant at Three Mile Hill (on care and maintenance). In parallel to Focus advancing its flagship 100%-owned Laverton Gold Project, the Company is continuing plans to realise the potential of Coolgardie and deliver value for all shareholders.
In the three-month period to March 31, Focus completed 15 reverse circulation (RC) holes at Coolgardie for 1,995m.
Extensions at Brilliant and Brilliant North were targeted, with eight RC holes completed for 1,430m. The holes followed up significant intersections that were recorded in 2019 (see ASX announcement dated 30 July 2019) and included:
-
19BNRC005 – 45m @ 3.15g/t Au from 63m
-
19BNRC005 – 28m @ 2.8g/t Au from 144m
-
19BNRC005 – 36m @ 6.36g/t Au from 186m to EOH
-
19BNRC001 – 18m @ 1.23g/t Au from 65m
Shallow infill and extension drilling of the Emu Hill Prospect on 40m spaced sections comprised four RC holes for 210m. The holes followed up campaigns completed in 2018/19 as well as historic drilling (see ASX announcement dated 13 August 2019) and included:
-
18EMRC001 – 6m @ 2.05g/t Au from 48m
-
19EMRC001 – 6m @ 1.65g/t Au from 57m
-
EHW2 – 3m @ 2.21g/t Au from 9m and 1m @ 1.92g/t Au from 17m
-
EHW3 – 1m @ 1.37g/t Au from 12m and 3m @ 3.63g/t Au from 21m
-
EHW4 – 2m @ 2.2g/t Au from 11m
One hole, for 162m, targeting a coincident geochemical anomaly/structural target at Baileys.
Two infill RC holes were completed at Ada East for 193m. The holes followed up on drilling completed in 2018/19 (see ASX announcement 13 August 2019) and included:
-
18ADRC002 – 2m @ 2.98g/t Au from 54m
-
18ADRC003 – 1m @ 1.25g/t Au from 55m
-
19ADRC002 – 5m @ 2.58g/t Au from 58m
Samples have been submitted for analysis, with results expected in coming weeks.
Drone geophysical surveys were also completed during the March 2020 Quarter at various locations across Coolgardie, with final data expected towards the end of this month.
