Each private placement unit consists of one common share and one-half of a share purchase warrant. Each whole warrant entitles the holder to purchase an additional common share exercisable for two years at a price of
Nueva California Project
The Nueva California gold property lies 35km north of Barrick Gold's Pierina Mine, near the town of Huaraz. It is currently a privately owned, operating gold-silver mine. Focus recently completed a 400m first-pass diamond drill program at Nueva California, with encouraging results, and a second phase of drilling is now in the planning and permitting stages. The drilling confirmed the potential to host a near surface, bulk tonnage gold deposit (see press release
- 69.6m grading 1.84 g/t Au* and 22 g/t Ag from surface in Hole DDH- NC-003 - 38.2m grading 1.7 g/t Au and 20 g/t Ag from surface in Hole DDH-NC- 002 * Interval 2.70m - 3.6m assaying 171 g/t Au was capped at 30 g/t Au for the purposes of this calculation
Qualified Person - The scientific and technical information in this release was prepared under the supervision of
About Focus Ventures
Focus Ventures is acquiring advanced, drill-ready projects in
The Company was recently listed on the TSX Venture Exchange. For further information, please call 604-688-5288 or visit our web site www.focusventuresltd.com.
ON BEHALF OF THE BOARD "David Cass" David Cass, President Contact: Erin Ostrom/ Ralph Rushton Symbol: TSXV-FCV Shares Issued: 27.7-million Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
For further information: (604) 688-5288 or visit our web site www.focusventuresltd.com
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