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Focus Minerals confirms gold mineralisation in diamond drilling at Laverton project

The Laverton Gold Project in WA's Goldfields is the company’s core asset and priority exploration focus.
Gold in quartz
Follow up diamond drilling will begin at Sickle and Ida-H in the second half of 2019

Focus Minerals Ltd (ASX:FML) has received encouraging gold intersections from the Sickle and Ida-H prospects within the Laverton Gold Project in Western Australia’s North-eastern Goldfields.

These results were from drilling completed in November and December 2018 and follow very good results delivered from Beasley Creek and Lancefield-Wedge prospects late last year.

The first of three planned step-out holes targeting the southern tension lode and the Sickle prospect confirmed wide and consistent gold mineralisation hosted by massive sulphide and the potential for further extension of mineralisation.

 Location of Sickle and Ida-H at the southern end of the Admiral Hill and Barnicoat trends

Results boosted confidence “in pursuing growth strategy”

Focus Minerals' chief executive officer Zhaoya Wang said: “The strong results from Sickle and Ida-H have boosted our confidence in pursuing our growth strategy for the Laverton Gold Project.

“Sickle and Ida-H could join Beasley Creek to form the foundations of our future production profile in Laverton.

“The continued exploration success following so soon after a set of very strong results from Beasley Creek and the Lancefield-Wedge prospects is justifying our determination to aggressively explore and develop Laverton so that we can become a profitable, sustainable and disciplined gold producer in North-eastern Goldfields.”

Gold assays

Best assay result was 59.44 metres at 2.02 g/t gold from 202 metres, including 13 metres at 3.06 g/t from 221 metres.

Diamond drilling at Ida-H was designed to confirm the location of high metal content shoots and delivered strong results such as 5 metres at 7.98 g/t from 97 metres, including 0.65 metres at 47.22 g/t.

Sickle and Ida-H are within a 20-kilometre radius from the Beasley Creek deposit, which is the most advanced of Focus’ targets with the 507 square kilometre Laverton Gold Project area.

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