Fokus Mining announces that it has sold on July 5, 2023 1,100,000 common shares of Mosaic Minerals Corp., representing approximately 1,60% of the issued and outstanding Common Shares of Mosaic Minerals. The Common Share were sold through the facilities of the Canadian Securities Exchange at a price of $0.07 per share for gross proceeds of $77,000. Immediately prior to the disposition of the Common Shares described above [...]
Fokus Mining Corp. announces that it has sold 2,217,000 common shares of Mosaic Minerals Corp., representing approximately 3.22% of the issued and outstanding Common Shares of Mosaic Minerals. An aggregate of 620,000 Common Shares were sold on May 2, 2023 at a price of $0.080 with respect to 615,000 shares and at a price of $0.085 with respect to 5,000 shares for gross proceeds of approximately $49,625, and an aggregate [...]
Fokus Mining is pleased to announce the results of its annual meeting of shareholders held on June 29, 2023, in Rouyn-Noranda. At the meeting, Fokus shareholders re-elected Jean Rainville, Sylvain Champagne, Gilles Laverdière, Marc-André Lavoie, Ciro Cucciniello, Steve Duchesne and Jean-David Moore as directors of Fokus. Following the meeting, Fokus Board of Directors re-appointed Jean Rainville as President and Chief [...]
Fokus Mining is pleased to announce that it has completed a second and final closing of a non-brokered private placement in which it issued a further 1,010,000 units at a price of $0.08 per Unit, for aggregate gross proceeds to Fokus of $80,800. Each of the Units is comprised of one common share and one common share purchase warrant. Each Unit Warrant entitles its holder to acquire one additional common share of Fokus at [...]
Fokus Mining is pleased to announce the beginning of approximately 1,650 metres of exploration drilling to further test the RB Zone in which it has drilled 12 holes to date. RB is one of two major new targets detected in the latest high-resolution airborne magnetic survey in the Renault Bay intrusion area of the Galloway project. Following the results of the last drilling campaign on the RB zone, where good gold values [...]
Fokus Mining is pleased to announce that it has held a first closing of a non-brokered private placement in which it issued 3,065,000 units at a price of $0.08 per Unit, for aggregate gross proceeds to Fokus of $245,200, and 985,000 "flow-through" units at a price of $0.10 per FT Unit, for aggregate gross proceeds to Fokus of $98,500. Each of the Units is comprised of one common share and one common share purchase warrant [...]
Fokus Mining Corp. is very pleased to welcome Mr. Jean-David Moore, P.Eng. in forestry, to its Board of Directors. This important appointment takes effect immediately. Jean-David Moore has been a consultant and an adviser to several mineral exploration and development companies for more than fifteen years. He also holds large holdings in several mineral exploration companies and has developed a strong relationships [...]
Fokus Mining is pleased to announce that further to its news release dated March 23, 2023, it has filed an independent National Instrument 43-101 - Standards of Disclosure for Mineral Projects compliant technical report in support of the mineral resource estimate for the Galloway gold project located in the province of Québec. The technical report is entitled "NI 43-101 Technical Report and Mineral Resource Estimate for [...]
Fokus Mining is pleased to announce that it has intersected grades of 1.18 g/t Au over 27 metres and 1.01 g/t Au over 24 metres respectively in drill holes GA-22-66 and GA-22-67, both located in the RB Zone. Three other gold-bearing sections containing grades ranging from 1.20 g/t Au to 1.83 g/t Au over thicknesses of 3 to 7.5 metres were also intersected in GA-22-66, while grades ranging from 1.16 to 1.63 g/t Au over [...]
Fokus Mining is pleased to announce an initial mineral resource estimate prepared by the independent firm InnovExplo Inc. This MRE have been classified in accordance with CIM Definition Standards on Mineral Resources and Mineral Reserves and follows the CIM Estimation of Mineral Resources and Mineral Reserves Best Practice Guidelines. The initial MRE is based on recent exploration and drilling programs, mineralization [...]
Fokus Mining Corp. is welcoming the announcement made by Mosaic Minerals that they have acquired a large portfolio of high-potential lithium projects. Mosaic represents an important diversification into strategic minerals for Fokus as the Company currently owns ten million common shares of Mosaic, following the exchange of Fokus' portfolio of base metal projects in Québec for an equity interest in Mosaic. Jean Rainville [...]
Fokus Mining Corp. 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 [...]