West Australian gold explorer Focus Minerals (ASX: FML) has announced the results of a reverse circulation (RC) drilling campaign at Gladiator West, Mt Lebanon and regional targets near the Company’s 100%-owned Laverton Gold Project.
Focus drilled 21 RC holes across Gladiator West and Mt Lebanon.
Gladiator West – Six of the seven holes intersected multiple intervals of mineralisation with grades greater than 0.5 g/t Au. The top four individual intersections, calculated using 0.5g/t cut off and up to 3m internal dilution, were:
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19GLRC001 – 3.0m @ 2.99g/t Au from 52m (8.97 GxM)
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19GLRC006 – 11.0m @ 0.72g/t Au from 116m (7.92 GxM)
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19GLRC004 – 10.0m @ 0.54g/t Au from 96m (5.4 GxM)
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19GLRC004 – 5.0m @ 0.89g/t Au from 96m (4.45 GxM)
Mt Lebanon – Ten of the 14 holes intersected one or more intervals of mineralisation with grades greater than 0.5 g/t Au. The top four individual intersections, calculated using 0.5g/t cut off and up to 3m internal dilution, were:
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19MTRC017 – 9.0m @ 1.64g/t Au from 74m (14.76 GxM)
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19MTRC012 – 4.0m @ 1.12g/t Au from 44m (4.48 GxM)
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19MTRC010 – 2.0m @ 2.01g/t Au from 84m (4.02 GxM)
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19MTRC006 – 3.0m @ 1.32g/t Au from 51m (3.96 GxM)
Small reconnaissance programs were also completed at Prendergast Well (six RC holes for 726m), Burtville West (four wide-spaced RC holes for 1048m) and Karridale West (two wide-spaced RC holes for 340m).
These programs did not encounter any significant gold mineralisation. Focus is pleased to announce that the Company was successful in being granted funding assistance under the Government of Western Australia’s Exploration Incentive Scheme (EIS) to assist with Lake Carey drilling, which will be conducted in February 2020.
