Perseverance a first for Focus

FOCUS Minerals’ high-grade Perseverance gold deposit is likely to be the Redemption joint venture’s first production source and cash cow following the release of its maiden resource estimate, which has boosted the nearby Tindals Mining Centre’s gold inventory at Coolgardie by 76%.

10 April 2007
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Along with its JV partner, Canadian-based Committee Bay Resources, the companies announced Perseverance’s initial inferred resource estimate of 296,000 tonnes at an average grade of 9.

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