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Fokus Mining Corp V.FKM

Alternate Symbol(s):  FKMCF

Fokus Mining Corporation is a Canada-based mineral resource company. The Company is in the business of acquiring, exploring and developing mining properties and it holds interests in properties at the exploration stage located in Canada. The Company’s Galloway Gold Project is located along the Cadillac-Larder Lake Fault. The Galloway project consists of three mining concessions and 95 claims covering a total area of 2,668 hectares. Galloway property is less than 30 kilometers (km) west of the Rouyn Noranda mining district and is accessible via Trans-Canada Highway 117. The Galloway property is the result of the amalgamation of the Hurd, Ogima Nord, Renault Bay, Sandborn, Perron, Cadillac, Francoeur and Lac Fortune claims blocks. Together, they cover a 3 km wide corridor of gold bearing structures over a total length of 10 km along the Larder-Lake-Cadillac Break (LLCB).


TSXV:FKM - Post by User

Bullboard Posts
Comment by snoozlegroibon Dec 09, 2007 8:23pm
73 Views
Post# 13992578

RE: Hi, Janvier

RE: Hi, JanvierWell, for La Force, after the drilling by Kerr-Addison in 1958-59 of 29 holes, they estimated 100,000 tons. The drilling they're doing now is 40 holes, and on their web site they have a map of the holes. The whole area they're drilling is only 100 meters long and maybe 35 meters wide, and the widths of the mineralization in the first 2 holes is 25 to 30 meters, so if you calculate that out, they probably won't get more than 300,000 tons from the present drill program, so even with the old drillings, they're still short of half a million tons. As for Mildrim, I did a similar calculation from the recent and previous drill programs--I'm sure they're well under 1 mil tons. Now that doesn't mean that the deposits are actually that small. They may be bigger, but all I care about is the tonnage they will be able to estimate based on the drilling they've done so far. And that's not very much, IMO. If the deposits are actually bigger, then FLX has potential for the future, but they'll have to do more drilling to prove it up. But based on what they have proven up so far and will be able to prove up from the present drill programs, I don't see them going up too much. That's just my considered opinion.
Bullboard Posts