Focus Minerals Ltd Stock Market Press Releases and Company Profile

Perth, Dec 1, 2008 AEST (ABN Newswire) - Australian gold producer, Focus Minerals Ltd (ASX:FML), is pleased to supply additional information regarding the resource update on gold reserves at Tindals Mining Centre.

The reserve upgrades comprise the following:
-----------------------------------------------                    Ore      Grade    Contained                    tonnes  (Au g/t)  oz   Gold-----------------------------------------------PerseveranceMined to 31 Oct 2008   67,641    6.66    14,484In situ reserve       623,000    4.3     85,500-----------------------------------------------Total Perseverance    690,600    4.5    100,000-----------------------------------------------Countess              218,000    4.1     28,700-----------------------------------------------Total Reserves        908,600    4.4    128,700-----------------------------------------------Previous reserve-----------------------------------------------Perseverance          287,000    8.2    76,000-----------------------------------------------Increase in ore reserves                   69%-----------------------------------------------


About Focus Minerals Ltd

Focus MineralsWith over 3.8Moz of Mineral Resource, Focus Minerals Limited (ASX:FML) has a highly strategic portfolio of assets across Australia's two leading gold producing districts – the Kalgoorlie/Coolgardie belt and Laverton – and the financial muscle to continue to unlock further potential for growth.

abnnewswire.com 


Contact

Nicholas Read/Jason Cunningham
Read Corporate
Telephone: (+61-8) 9388-1474

Peter Williams, Managing Director
Focus Minerals Ltd
Telephone: (+61-8) 9215-7888
Web: www.focusminerals.com.au


ABN Newswire
ABN Newswire This Page Viewed:  (Last 7 Days: 2) (Last 30 Days: 16) (Since Published: 2211)