Focus Minerals Ltd · ASX:FML
Focus Minerals — Shareholder Meeting (May 2018)
9 slides from Focus Minerals's shareholder meeting presentation, May 30, 2018
Slide 1: Annual General Meeting Presentation
Focus Minerals Ltd FFT:FZA ASX:FML Focus’ 1.2Mtpa Three Mile Hill processing plant in Coolgardie, WA Annual General Meeting Presentation ASX:FML 30 May 2018 focusminerals.com.au
Slide 2: Disclaimer and Competent Person's Statement
Disclaimer and Competent Person’s Statement This presentation is not a prospectus nor an offer for securities in any jurisdiction nor a securities recommendation. The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making in
Slide 3: Focus has the key ingredients for success
Focus has the key ingredients for success Focus has a clear purpose: Profitable and sustainable restart of operations Focus has the right land • Highly prospective tenure in two of Australia’s leading gold producing regions, Coolgardie and Laverton. Focus has the right people • Experienced team recr
Slide 4: Coolgardie Gold Project
Coolgardie Gold Project Coolgardie Projects and Infrastructure Coolgardie has potential for near term production: • 2.12Moz JORC Code gold resource base in multiple deposits. • 1.2 Mtpa Three Mile Hill plant in care and maintenance. • Large land holding including granted mining leases. • Outstanding
Slide 5: Bonnie Vale Exploration Summary
Bonnie Vale Exploration Summary Overview 1892.3m RC and DD Completed in March/April. Bonnie Vale Quarry Lode targeted at 450m depth from surface with 4 RC/DD holes (BONCD080- BONCD083). The three successful holes confirmed the location of the Quarry Lode structure between previous holes BONCD071 (20
Slide 6: Bonnie Vale Exploration Summary
Bonnie Vale Exploration Summary Exploration Summary • 2018 holes are located outside the current 2016 resource model • Strong shoot orientation identified at Quarry Lode following review of drilling intersections • Primary mineralised shoot is open down plunge 6
Slide 7: Laverton Gold Project
Laverton Gold Project Laverton Building Resource Inventory Review of Laverton projects completed May 2018 5 key projects targeted in 2018 1. Karridale north to Burtville Open Pit 1.5km x 800m area with limited exploration 2. Extension of Karridale Resource (Total Resource 12.7Mt @ 1.3g/t for 538,000
Slide 8: Laverton Exploration Plan
Laverton Exploration Plan Laverton Building Resource Inventory Laverton Exploration budget of ~$6m AUD to support the exploration plan • 26,000m reverse circulation drilling starting June 2018 • 6,400m diamond drilling starting August 2018 • Staged exploration focused on confirmation and resource ex
Slide 9: Summary and Plan June to December
Summary and Plan June to December Building Resource Inventory • Experienced exploration team recruited February to June 2018 • Bonnie Vale Coolgardie drilling program completed in March/April 2018 quarry lode open down dip • Laverton exploration plan resolved in May 2018 ~$6m AUD Budget approved to