Focus Provides Update on Nueva California Drilling
The program is designed to define a bulk tonnage gold-silver resource over the extent of the mine area. The first set of 8-10 holes is being drilled to provide a broad geological section over the 800m width of the deposit as defined by the underground workings. Four holes have been completed to date totalling 801m, with another 5 or 6 holes planned to complete the profile. Subsequent step-out holes will be drilled on a 100m grid. The first batch of drill results should be available in mid March.
Drilling will also test deep geophysical targets and more conceptual targets associated with a low angle regional fault believed to underpin the known mineralization at depths of 250m - 350m. The drill program is being carried out under the supervision of Mark Slauenwhite P.Geo., Focus's Vice-President of Exploration.
Background
The Property is located in the Cordillera Blanca, in north-central
Gold mineralization is associated with intensely altered granodiorite, sheared argillites and brecciated contact zones. Focus is the first company to drill test Nueva California, which has never been systematically explored, and is targeting bulk-tonnage gold-silver mineralization within the granodiorite wallrocks.
Encouraging results were received from a 400m, first-pass drill campaign by Focus which confirmed the presence of wide, potentially economic gold mineralization starting from surface (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
ON BEHALF OF THE BOARD "David Cass" David Cass, President Contact: Erin Ostrom, Ralph Rushton, Symbol: TSXV-FCV Shares Issued: 28.9-million
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For further information: please call (604) 688-5288 or visit our web site www.focusventuresltd.com
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