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Focus Minerals: Completes Laverton stage one PFS

March 10, 2021

Focus Minerals (PFS) has released its stage one pre-feasibility study (PFS) and probable ore reserves for the Laverton Gold Project in WA
The first phase of the PFS used the refurbished 1.5-million-tonnes-per-annum Barnicoat Mill and included five out of 20 deposits within the Laverton Gold Project
All up, the project hosts a measured, also indicated and inferred mineral resource of 61.3 million tonnes at 1.85g/t gold for 3.64 million ounces
The PFS also outlined 513,000 ounces of gold production at an average all-in sustaining cost of $1497 per ounce over a 9.25-year life of mine
Focus will now progress the second phase of the PFS which will include more deposits
Company shares are up 3.17 per cent and are trading at 32.5 cents