Announcement Date: 2023-01-31
Announcement Type: Drilling Results
Announcement Code: JORC
Company name: Fokus Mining Corp.
Project name: Galloway
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 229.50m at 1.03g/t Au from 117m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: ROUYN-NORANDA, QC, Jan. 31, 2023 /CNW Telbec/ – Fokus Mining Corporation (“Fokus” or the “Company”) (TSXV: FKM) (OTCQB: FKMCF) (FSE: F7E1) announces that hole GA-22-63 intersected 1.03 g/t Au over a hole length of 229.5 metres including a 130.50 metre zone grading 1.41 g/t Au, which also included a 43.5 metre zone grading 2.04 g/t Au. This gold-bearing section, traced from 117 to 346.5 metres along the hole, is located in an intermediate hematite- and sericite-rich and sometimes porphyritic intrusive. Very fine pyritization forms the bulk of the mineralization. Three other holes drilled in the same area also intersected several significant gold zones in the same geological context. GA-22-60 revealed a 24-metre zone grading 1.37 g/t Au followed by a second gold zone of 31.50 metres grading 1.31 g/t Au while hole GA-22-61 graded 1.25 g/t Au over a width of 13.5 metres. Finally, GA-22-62 returned 40.50 metres grading 1.15 g/t Au. It should be noted that these holes also intersected several other small significant gold zones throughout the drilling.
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