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INCREASE IN PROBABLE +ADw-u1:place u2:st+AD0AIg-on+ACIAPgA8-u1:State u2:st+AD0AIg-on+ACIAPg-ORE+ADw-/u1:State+AD4APA-/u1:place+AD4-
RESERVES AT TINDALS MINING CENTRE TO 128,700oz+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4-
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mso-ansi-language:EN-GB'+AD4-32+ACU- INCREASE IN PERSEVERANCE GOLD RESERVE TO 100,00oz+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4-
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mso-ansi-language:EN-GB'+AD4-MAIDEN RESERVE DEFINED AT COUNTESS DEPOSIT FOR
28,700oz +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4-
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increase in pre-mine Probable +ADw-u1:place u2:st+AD0AIg-on+ACIAPgA8-u1:State u2:st+AD0AIg-on+ACIAPg-Ore+ADw-/u1:State+AD4APA-/u1:place+AD4-
Reserve at Perseverance Gold deposit to 100,000 ounces (initial Reserve was
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ounces mined to date from Perseverance deposit, leaving approximately 85,500
ounces in-ground +ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4-
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lang+AD0-EN-AU style+AD0-'font-size:7.0pt+ADs-mso-ansi-language:EN-AU'+AD4AJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADsAJg-nbsp+ADs-
+ADw-/span+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4-28,700oz
Probable +ADw-u1:place u2:st+AD0AIg-on+ACIAPgA8-u1:State u2:st+AD0AIg-on+ACIAPg-Ore+ADw-/u1:State+AD4APA-/u1:place+AD4-
Reserve defined at nearby Countess Deposit ? development underway for a short
decline and strike drive to access Countess from the existing Empress workings.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4-
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+ADw-/span+AD4APA-b+AD4APA-span lang+AD0-EN-AU style+AD0-'font-family:Georgia+ADs-mso-ansi-language:EN-AU'+AD4-November
milling campaign commenced recently with forecast production of 7,500 ounces
from a blend of Perseverance and Countess ore.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4-
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text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'font-family:Georgia+ADs-mso-ansi-language:
EN-GB'+AD4-Australian gold producer, Focus Minerals Ltd (ASX: +ADw-b+AD4-FML +ADw-/b+AD4-?Focus?),
is pleased to announce a significant upgrade to gold reserves at the Tindal?s
Mining Centre, located at +ADw-u1:place u2:st+AD0AIg-on+ACIAPgA8-u1:City u2:st+AD0AIg-on+ACIAPg-Coolgardie+ADw-/u1:City+AD4-,
+ADw-u1:State u2:st+AD0AIg-on+ACIAPg-Western Australia+ADw-/u1:State+AD4APA-/u1:place+AD4-.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
+ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs-
text-align:justify'+AD4APA-span lang+AD0-EN-GB style+AD0-'font-family:Georgia+ADs-mso-ansi-language:
EN-GB'+AD4APA-o:p+AD4AJg-nbsp+ADsAPA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
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EN-GB'+AD4-The premine ore reserve for the Perseverance Deposit has increased to +ADw-b+AD4-100,000
ounces+ADw-/b+AD4-, representing a +ADw-b+AD4-32+ACU- increase+ADw-/b+AD4- on the initial Ore Reserve
estimate of 76,000oz outlined in April this year and providing a substantial
boost to the Perseverance mine life, which now extends out to approximately two
years.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
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EN-GB'+AD4-Since commissioning of the Perseverance deposit, approximately 14,500
ounces of gold has been mined with 10,500 ounces of gold produced through
milling campaigns at the nearby Greenfields processing plant.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
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EN-GB'+AD4-The latest milling campaign, which commenced on November 17, is expected
to run for 32 days and will, for the first time, involve the blending of
Countess ore with stoping ore from the Perseverance deposit This represents the
first stage in a planned expansion of the project pipeline to include
surrounding deposits within the tenement area.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
+ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs-
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Estimate+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4-
+ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs-
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style+AD0-'text-decoration:none'+AD4AJg-nbsp+ADsAPA-/span+AD4APA-/o:p+AD4APA-/span+AD4APA-/u+AD4APA-/b+AD4APA-/p+AD4-
+ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs-
text-align:justify'+AD4APA-span style+AD0-'font-family:Georgia'+AD4-In addition to the
Perseverance upgrade, a Probable Reserve of 28,700 ounces has been defined
through recent geological modeling of the nearby Countess Deposit. This is the
first gold reserve estimate outside of the Perseverance deposit and provides
Focus with a strong pipeline for continued full-scale production.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
+ADw-p class+AD0-MsoNormal style+AD0-'mso-margin-top-alt:auto+ADs-mso-margin-bottom-alt:auto+ADs-
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text-align:justify'+AD4APA-span style+AD0-'font-family:Georgia'+AD4-A Pre-Feasibility Study was
undertaken on the Countess Resource which was aimed at determining the economic
viability of the new resource and the synergies of potentially mining Countess
in conjunction with Perseverance. The Countess reserve is expected to increase
as further drilling is done both up and down plunge.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
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EN-GB'+AD4-Commenting on the upgrades, Focus? Managing Director Mr Peter Williams
said: ?We are very pleased to have been able to increase the Perseverance
Reserve, as this clearly forms the foundation of our short-term production,
however, the development of the Countess deposit is a milestone achievement, as
this is the first stage of the development of our extensive project pipeline.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
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EN-GB'+AD4-?The definition and development of further deposits within our tenement
area is crucial to our future growth aspirations and the continuing excellent
revenue streams from our existing production assets will be used to fund
ongoing development strategies within the area,? added Mr Williams.+ADw-/span+AD4APA-span
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+ADw-/tr+AD4-
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Cunningham+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4-
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+ADw-h4+AD4APA-span lang+AD0-EN-AU style+AD0-'font-size:10.0pt+ADs-mso-ansi-language:EN-AU'+AD4-Telephone:
(8) 9388-1474+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/h4+AD4-
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9215-7888+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4-
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href+AD0AIg-http://www.focusminerals.com.au/+ACI-
title+AD0AIg-http://www.focusminerals.com.au/+ACIAPgA8-b+AD4APA-span style+AD0-'font-size:10.0pt'+AD4-www.focusminerals.com.au+ADw-/span+AD4APA-/b+AD4APA-/a+AD4APA-b+AD4APA-span
style+AD0-'font-size:10.0pt'+AD4APA-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/b+AD4APA-/p+AD4-
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STATEMENT+ADw-/span+AD4APA-/u+AD4APA-/i+AD4APA-/b+AD4APA-span style+AD0-'font-size:10.0pt'+AD4APA-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/p+AD4-
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text-align:justify'+AD4APA-i+AD4APA-span style+AD0-'font-size:10.0pt'+AD4-The information in this
report relating to Resources and Reserves are based on work supervised by Mr
Paul Griffin who is a Member of the Australasian Institute of Mining and
Metallurgy (AusIMM). Mr Griffin has the relevant experience as a ?Competent
Person? as defined in the 2004 edition of the Australasian Code for Reporting
of Mineral Resources and +ADw-u1:place u2:st+AD0AIg-on+ACIAPgA8-u1:State u2:st+AD0AIg-on+ACIAPg-Ore+ADw-/u1:State+AD4APA-/u1:place+AD4-
Reserves in relation to the mineralisation being reported. Mr Griffin is a
consulting mining engineer for Focus Minerals Ltd and consents to the inclusion
of the material in the form and content in which it appears.+ADw-o:p+AD4APA-/o:p+AD4APA-/span+AD4APA-/i+AD4APA-/p+AD4-
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VanEck Vectors Global Alternative Energy ETF
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PRODUCTEUR |
CODE : FML.AX |
ISIN : AU000000FML4 |
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ProfilIndicateurs de MarchéVALEUR : Projets & res.Communiqués de PresseRapport annuelRISQUE : Profile actifsContactez la cie |
Focus Min. est une société développant des projet miniers d'or basée en Australie. Focus Min. détient divers projets d'exploration en Australie. Ses principaux projets en production sont COOLGARDIE, MOUNT GOLD et TINDALS MINING CENTRE en Australie et ses principaux projets en exploration sont NEPEAN MINE, MOUNT (REDEMPTION JV), LAKE COWAN et TREASURE ISLAND en Australie. Focus Min. est cotée en Australie et en Allemagne. Sa capitalisation boursière aujourd'hui est 6,6 millions (4,5 millions US$, 4,1 millions €). La valeur de son action a atteint son plus haut niveau récent le 05 mars 2004 à 9,75 , et son plus bas niveau récent le 02 août 2024 à 0,11 . Focus Min. possède 47 442 200 actions en circulation. |