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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

Post by Wangotango67on Apr 04, 2023 4:01pm
121 Views
Post# 35379540

IT'S HOW YOU MODEL A MINE -

IT'S HOW YOU MODEL A MINE - I would work / pitch the Galloway - by showing comparables.

Example - underground vs open pit
By the time a Cadillac peer pulled ( x ) tonnes - high grade
from below ground
Fokus has pulled ( x ) tonnes from open pit.
Faster - cheaper - more oz's.

Cost comparables -
underground ( cadillac miners cost per tonne )
versus - open pit on cadillac

ounces of gold pulled by open pit
versus underground sniping veins...( hit and miss )
open pit - consistency of large lenses thick widths
100m 200m 300m of gold...

Throw in river - reduced energy costs
Throw in... secondary mineral credit - such as aluminum
Increase profits
Creates a hedge using a battery mineral
working 2 markets - gold + energy metals


If they ever ran the aluminum angle... battery metals
they'd attract double the market attention.

Or.... continue on course...
Just seek gold.


That's all i've got...
Cheers...


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