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Be the first with the news that moves the market- Fokus Mining (FKM) is reporting significant gold results from the Galloway Project in Quebec
- Highlights stem from the RB Zone and include 1.18 g/t Au over 27 m, as well as 1.01 g/t Au over 24 m
- The company is considering a summer drill program between 8,000 to 10,000 m along an inferred gold-bearing corridor on the property
- President and CEO, Jean Rainville, spoke with Shoran Devi about the news
- Fokus Mining is a mineral resource company actively acquiring and exploring precious metal deposits in Quebec
- Fokus Mining (FKM) last traded at $0.07 per share
Fokus Mining (FKM) is reporting significant gold results from the Galloway Project in Quebec.
The results, which stem from the RB Zone, include:
- 1.18 g/t Au over 27 m in GA-22-66
- 1.01 g/t Au over 24 m in GA-22-67
- Three other gold-bearing sections ranging from 1.20 g/t Au to 1.83 g/t Au over 3 to 7.5 m also in GA-22-66
- Grades ranging from 1.16 to 1.63 g/t Au over 6 to 9 m in GA-22-67
“The last eight holes completed in the RB area since December 2022 indicate a significant gold presence near surface. Additional drilling will certainly be required to fully evaluate this new gold zone, but we are very pleased with the results obtained to date,” stated President and CEO, Jean Rainville.
“They will eventually add to the inferred resource defined in the first 43-101 resource estimate recently delivered by the independent consulting firm, InnovExplo Inc. The RB Zone coupled with the Hurd Zone offers very substantial gold potential on surface. This area will be our priority in 2023,” he added.
Management interprets a large syenitic porphyry gold corridor containing significant gold values over several km from the Hendrick Zone to the Hurd Zone, substantiating that the Hendrick, RB and Hurd zones are part of the same intermediate intrusive.
The company is considering a summer drill program between 8,000 to 10,000 m along the inferred gold-bearing corridor plus additional prospective targets.
Rainville spoke with Shoran Devi about the news.
Fokus Mining is a mineral resource company actively acquiring and exploring precious metal deposits in Quebec.
Fokus Mining (FKM) last traded at $0.07 per share.
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