Fokus Mining is pleased to announce the results of its annual meeting of shareholders held on June 20, 2024. At the Meeting, Fokus shareholders re-elected Jean Rainville, Sylvain Champagne, Gilles Laverdière, Marc-André Lavoie, Ciro Cucciniello, Jean-David Moore and Luc Gervais as directors of Fokus. Following the Meeting, Fokus Board of Directors re-appointed Jean Rainville as President and Chief Executive Officer and [...]
Fokus Mining is pleased to announce that it has awarded a contract to InnovExplo Inc. to: 1) Conduct a sensitivity analysis at today's economical parameters for the NI43-101 open pit shell originally outlined by SRK Consultants in 2012 at a gold price of US $1,400. The estimate included 18.14 million tons of indicated resources at a grade of 0.41 G/T and 2.51 million tons of inferred resources at a grade of 0.39 G/T [...]
Fokus Mining is very pleased to welcome Mr. Luc Gervais, to its Board of Directors. This important appointment takes effect immediately. Luc Gervais has 40 years of experience in engineering, construction and maintenance in the mining and metallurgy sectors. He has held several management positions with metallurgy producers as well as contractors and EPCM firms. He has led many studies for numerous mining companies and [...]
Fokus Mining is pleased to announce that it has intersected 10m grading 10.06 g/t Au and 11.45 g/t Au silver on the Moriss showing, located in the western part of the Company's 100%-owned Galloway project. Highlights: Fokus intersects 10m grading 10.06 g/t Au including 6m grading 15.91 g/t Au on the Moriss showing. Fokus finds significant Au values in the area of the Fayolle showing. Fokus confirms the gold-bearing [...]
Fokus Mining is pleased to announce that it has held the closing of a small non-brokered private placement by issuing 3,000,000 units at a price of $0.05 to five investors, for aggregate gross proceeds to Fokus of $150,000. Each Unit consists of one common share of Fokus and one common share purchase warrant. Each warrant entitles the holder to acquire one common share of Fokus at a price of $0.06 for a period of three [...]
Fokus Mining is pleased to announce the successful completion of its winter exploration program aimed at further testing the Moriss gold mineralized zone on the Galloway property in Abitibi, Quebec. This program followed up on the Company's Nov 2023 1,500-meter drill campaign where high-grade gold mineralization was intersected in gold-bearing structures that appear to intersect the Moriss Zone perpendicularly. Moriss is [...]
Fokus Mining is pleased to announce that it now has begun its 1,250 metres of exploration drilling to further test the Moriss Sector following up on the 1,500 metre drill campaign from November where the Company intersected some high-grade gold mineralization in gold bearing structures that seem to intersect the Moriss Zone perpendicularly. "Jean Rainville, CEO and President of Fokus, stated that based on the significant [...]
Fokus Mining is pleased to announce that it intersected gold grading 51.13 g/t Au over 5 metres on the Moriss showing, located in the western part of the Galloway project. Highlights: Discovery of a new high-grade zone north of the Moriss Zone GA-23-76 intersects 51.13 g/t Au over 5 m, including a 1.5-m section grading 159.16 g/t Au GA-23-77 intersects 18.41 g/t Au over 3 m, including 30.96 g/t Au over 1.5 m. Fokus [...]
Fokus Mining is pleased to provide an exploration update on its Galloway project. As mentioned in previous press releases, last November's program was to include a minimum of 1,500 metres of diamond drilling with seven or eight holes. This target has been exceeded: Five holes have been drilled on the Moriss mineralised area for a total of 903 metres ; and Three holes have been drilled in the Fayolle mineralised area for a [...]
Fokus Mining is pleased to announce that it has retained the services of ALS Goldspot to review the results of the spring and summer exploration programs on the Galloway Project in order to better define future drill targets on the western portion of the property. This follows their review of the geological models and completion of the historical data for the entire Galloway property that was completed earlier in the [...]
Fokus Mining is pleased to announce that it has held the closing of its previously-announced private placement by issuing 11,250,000 units at a price of $0.04 per Unit, for gross proceeds to Fokus of $450,000. Each Unit is comprised of one common share of Fokus and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share of Fokus at a price of $0.06 until December 22 [...]
Fokus Miningis pleased to announce the launch of a private placement of up to 11,250,000 units at a price of $0.04 per Unit, for aggregate gross proceeds to Fokus of up to $450,000. Each of the Units will be comprised of one common share and one common share purchase warrant. Each Unit Warrant will entitle its holder to acquire one additional common share of Fokus at a price of $0.06 for a period of four years from the [...]
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