Fokus Mining is pleased to provide an exploration update on its Galloway project. As mentioned in previous press releases, last November's program was to include a minimum of 1,500 metres of diamond drilling with seven or eight holes. This target has been exceeded: Five holes have been drilled on the Moriss mineralised area for a total of 903 metres ; and Three holes have been drilled in the Fayolle mineralised area for a [...]
Fokus Mining is pleased to announce that it has retained the services of ALS Goldspot to review the results of the spring and summer exploration programs on the Galloway Project in order to better define future drill targets on the western portion of the property. This follows their review of the geological models and completion of the historical data for the entire Galloway property that was completed earlier in the [...]
Fokus Mining is pleased to announce that it has held the closing of its previously-announced private placement by issuing 11,250,000 units at a price of $0.04 per Unit, for gross proceeds to Fokus of $450,000. Each Unit is comprised of one common share of Fokus and one common share purchase warrant. Each warrant entitles the holder to acquire one additional common share of Fokus at a price of $0.06 until December 22 [...]
Fokus Miningis pleased to announce the launch of a private placement of up to 11,250,000 units at a price of $0.04 per Unit, for aggregate gross proceeds to Fokus of up to $450,000. Each of the Units will be comprised of one common share and one common share purchase warrant. Each Unit Warrant will entitle its holder to acquire one additional common share of Fokus at a price of $0.06 for a period of four years from the [...]
Fokus Mining is pleased to announce that it began its winter drilling program on the Galloway Project in the Abitibi region last week. This campaign will be entirely devoted to drilling, with a minimum of 1,500 m planned. As indicated in the press release of Sept 6, 2023, the first series of holes is being completed on the Moriss Zone for a total of around 950 metres with six shallow holes designed to validate a possible [...]
Fokus Mining is pleased to announce that it has held a first closing of a non-brokered private placement in which it issued 500,000 units at a price of $0.05 per Unit, for aggregate gross proceeds to Fokus of $25,000, and 5,030,667 "flow-through" units at a price of $0.06 per FT Unit, for aggregate gross proceeds to Fokus of $301,840.02. Each of the Units is comprised of one common share and one common share purchase [...]
Fokus Mining Corp. is pleased to announce assay results from its 4th exploration drilling campaign, held during the summer of 2023, aimed at furthering its knowledge of the RB Zone where it had previously drilled twelve holes. Fokus has drilled seven holes for 1,735 m, intersecting gold in all of them. Highlights Fokus completed seven holes for 1,735 m on RB zone Fokus intersected gold in each one GA-23-73 cut 1,20 g/t Au [...]
Fokus Mining announces that it has sold on July 5, 2023 1,100,000 common shares of Mosaic Minerals Corp., representing approximately 1,60% of the issued and outstanding Common Shares of Mosaic Minerals. The Common Share were sold through the facilities of the Canadian Securities Exchange at a price of $0.07 per share for gross proceeds of $77,000. Immediately prior to the disposition of the Common Shares described above [...]
Fokus Mining Corp. announces that it has sold 2,217,000 common shares of Mosaic Minerals Corp., representing approximately 3.22% of the issued and outstanding Common Shares of Mosaic Minerals. An aggregate of 620,000 Common Shares were sold on May 2, 2023 at a price of $0.080 with respect to 615,000 shares and at a price of $0.085 with respect to 5,000 shares for gross proceeds of approximately $49,625, and an aggregate [...]
Fokus Mining is pleased to announce the results of its annual meeting of shareholders held on June 29, 2023, in Rouyn-Noranda. At the meeting, Fokus shareholders re-elected Jean Rainville, Sylvain Champagne, Gilles Laverdière, Marc-André Lavoie, Ciro Cucciniello, Steve Duchesne and Jean-David Moore as directors of Fokus. Following the meeting, Fokus Board of Directors re-appointed Jean Rainville as President and Chief [...]
Fokus Mining is pleased to announce that it has completed a second and final closing of a non-brokered private placement in which it issued a further 1,010,000 units at a price of $0.08 per Unit, for aggregate gross proceeds to Fokus of $80,800. Each of the Units is comprised of one common share and one common share purchase warrant. Each Unit Warrant entitles its holder to acquire one additional common share of Fokus at [...]
Fokus Mining is pleased to announce the beginning of approximately 1,650 metres of exploration drilling to further test the RB Zone in which it has drilled 12 holes to date. RB is one of two major new targets detected in the latest high-resolution airborne magnetic survey in the Renault Bay intrusion area of the Galloway project. Following the results of the last drilling campaign on the RB zone, where good gold values [...]
