West Australian Gold Explorer Increases Mineral Resource 25%
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(Kitco News) - Focus Minerals (ASX: FML) added to its Karridale Gold Deposit's mineral resource.
Highlights of its drill program, which were released today, were the following:
- Indicated Resource: 3.1 Mt @ 1.5 g/t Au for 154,000 contained ounces – increase of 14%
- Inferred Resource: 12.6 Mt @ 1.3 g/t Au for 518,000 contained ounces – increase of 28%
- Total Resource: 15.7 Mt @ 1.3 g/t Au for 672,000 contained ounces – increase of 25%
Karridale is located on the outskirts of the Laverton township, in Western Australia's north-eastern Goldfields.
Written with material from company news release.
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