Fokus Mining drills 1.18 g/t gold over 27 metres at Galloway, Quebec CanadiansInvest
-TSXV; FKMCF-OTCQB; F7E1-FSE] has intersected grades of 1.18 g/t gold over 27 metres and 1.01 g/t gold over 24 metres, respectively, in drill holes GA-22-66 and GA-22-67, both located in the RB zone at the 100%-owned Galloway project, 30 km west of Rouyn-Noranda, Quebec.
“The last eight holes completed in the RB area since December 2022 indicate a significant gold presence near surface. Additional drilling will certainly be required to fully evaluate this new gold zone, but we are very pleased with the results obtained to date. They will eventually add to the inferred resource defined in the first NI 43-101 resource estimate recently delivered by the independent consulting firm InnovExplo Inc.
Based largely on the information obtained from drilling on the Hendrick Zone, the company is currently evaluating the implementation of a summer drilling program of approximately 8,000 to 10,000 metres along the inferred gold-bearing corridor between RB and Hurd. “The environment of hole GA-21-59 should not be overlooked either. This hole is located approximately 1 km east of the RB Zone. The compilation of work done in collaboration with ALS Goldspot has identified several interesting gold target zones. The 59 hole is one of the priority targets outside of the potential RB-Hurd corridor,” said Rainville.
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