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
With 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.
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