Perseverance upgrade for Focus

DEVELOPMENT of Focus Minerals and Committee Bay Resources' Coolgardie gold project is running ahead of schedule and 20% under budget, as a resource upgrade from the Perseverance deposit is ushered into the advanced bankable feasibility study.

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The companies, which make up the Redemption joint venture, said the study is targeting mining to start in the first quarter of 2008, with 500m of the Perseverance decline development completed a month

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