Market Herald logo


Be the first with the news that moves the market
  • Fokus Mining Corporation (FKM) has completed metallurgical testing on its Galloway project
  • The Galloway project is located near Rouyn-Noranda in the Abitibi region in Québec
  • The testing is required to complete its NI43-101 resource estimate
  • Jean Rainville, CEO and President, sat down with Daniella Atkinson to discuss the results
  • Fokus Mining Corporation is a mineral resource company
  • Fokus Mining Corporation (FKM) opened trading at C$0.10 per share

Fokus Mining (FKM) has completed metallurgical testing required to complete its independent NI43-101 compliant resource estimate.

From an environmental perspective, the mineralization does not present a particularly significant problem as the sulphur content is low, and there are no significant deleterious elements in the mineralized zones tested. The gold is very fine, so the assay results obtained to date are reliable, and gravity separation is not warranted. Gold recovery by cyanidation averaged 89 per cent on samples from the Hendrick and GP mineralized zones. There are only minor variations between samples from different parts of the Hendrick and GP areas with different gold grades.

Sample selection, preparation and testing protocols were carried out independently. Core samples were provided from the Hendrick and GP zones to prepare the composites. Testing included mineralogy, head assays, grindability, gravity recovery tests and cyanidation.

Jean Rainville, CEO and President, sat down with Daniella Atkinson to discuss the results.

“We are quite pleased with the results: the consistency of recovery and the favourable environmental considerations are key factors. All these tests allow us to better establish the parameters of our exploration program and to have a fairly high degree of confidence in the models to assess the cut-off grade in the different portions of the mineralized zones. They are, moreover, the final material requirement to achieve a NI 43-101 compliant resource estimate. We will release the resource estimate as soon as it is available. We will continue to work on improving gold recovery and better understanding the mineralized zones in the westernmost part of the Galloway project, which remains our priority.”

Fokus Mining Corporation is a mineral resource company actively acquiring and exploring precious metal deposits located in the province of Québec.

Fokus Mining Corporation (FKM) opened trading at C$0.075 per share.

More From The Market Herald

" Stelmine (TSXV:STH) confirms surface mineralization at the Meridian Gold Zone

Stelmine (STH) released the results of 1,950 metres of drilling from 13 holes in the Meridian Zone of the Mercator property, located in

" Seahawk Gold Corp. (CSE:SEAG) provides exploration update

Seahawk Gold Corp. (SEAG) has provided an update on recent exploration work on its Touchdown and Blitz Properties.

" Premium Nickel (TSXV:PNRL) reports nickel, copper, & cobalt assay results from Botswana

Premium Nickel (PNRL) reported more assay results from the diamond drilling program at its Selebi nickel-copper-cobalt (Ni-Cu-Co) sulphide mine in Botswana.
The Market Herald Video

" Enertopia (CSE:ENRT) provides project update

Enertopia Corporation (ENRT) has provided updates from the West Tonopah Lithium project in Nevada.