|September 28, 2010|
Focus Receives Drill Permit for its Chúcara Gold-Silver Project, Peru; Geophysical Survey Completed, Additional Drill Targets Identified
|September 28, 2010; Vancouver, Canada: Focus Ventures Ltd. (TSX-V: FCV.V) is pleased to report that it has received notification from the Peruvian Ministry of Energy and Mines that its Environmental Impact Declaration has been approved for its Chúcara project, allowing drilling to commence on the property. The Company is currently arranging for mobilization of a drill rig, and the drill program will be initiated as soon as the rig is on site.|
The Company also reports the completion of a high-resolution geophysical survey over the property, that;
A CSAMT geophysical survey (which measures resistivity and conductivity contrasts) completed by Quantec Geoscience successfully mapped the down dip and strike extensions of the polymetallic sulphide-bearing veins which hosts the gold and silver mineralization at Chúcara. The survey also outlined deep targets that are blind at surface.
Eleven lines were surveyed at a NNW -- SSE orientation (total 28.3 km). The survey was high density, with lines spaced 100m apart to allow detection of quite narrow structures down to an effective depth of 700m below surface.
The program mapped a strong conductor averaging approximately 4 ohm-ms, most probably associated with massive sulphide mineralization and the down dip extensions of known mineralization under the steeply dipping Wenses, Maria and Consuzo veins located on the northern edge of the property. The anomalies commence immediately below the projection of the old workings at a depth of approximately 150m and intensify to their maximum of <1 ohm-ms at a depth of approximately 500m below surface. The anomaly was traced over 4 consecutive lines for an approximate strike length of 300m.
At the southern end of the property in the Chip-Chip, Confianza and the Esperanza zones, a relatively flat zone of moderately high conductivity averaging approximately 30 ohm-ms was mapped 100m to 150m below surface and parallel to the "stacked" mineralized veins mapped on surface. The anomaly, with a surface area larger than 400m x 800m, is more extensive than the area of horizontal veins mapped on surface.
Also encouraging is that under the Chip-Chip zone and also part of the Confianza zone the horizontal conductor is joined on its underside by narrower vertical conductors which could be fluid conduits or "feeder" veins to the mineralized veins mapped on surface and to mineralization possibly associated with the flat conductor.
Noteworthy is a distinctive and sharp change in the overall back ground level of conductivity -- resistivity from north to south across the property. The northern half of the project has an overall higher background level of conductivity while the southern half is distinctly more resistive. The break between the two domains occurs almost exactly at the ex-producer Wences Vein or where there is distinct change in vein orientation from relatively flat in the south to steeply dipping in the north. The exact reason for the change in both the geophysical response and also the change in vein orientation will be determined by future exploration and drilling.
Geophysical sections will be available shortly on the Focus website www.focusventuresltd.com.
The scientific and technical information in this release was prepared under the supervision of Mr. David Cass, Focus's President, who is a member of the Association of Professional Engineers and Geoscientists of British Columbia, and a "Qualified Person" in accordance with NI 43 101.
Samples were analyzed by ALS Chemex Laboratories in Lima. Gold was assayed by Atomic Adsorption Spectrometry with fire assay gravimetric finish. Silver was determined by multi-acid digestion and ICP-AES, with fire assay gravimetric finish. ALS Chemex's quality control system complies with International Standards ISO 9001:2000 and ISO 17025:2005. Analytical accuracy and precision are monitored by the analysis of reagent blanks, reference material and replicate samples.
About Focus Ventures
Focus Ventures is acquiring advanced, drill-ready projects in Peru. Backed by an experienced technical team of geologists and consultants, Focus's strategy is to identify and acquire former producing mines or un-tested gold properties that show potential to become new mines. For further information, please call 604-688-5288 or visit our web site www.focusventuresltd.com.
ON BEHALF OF THE BOARD
Ralph Rushton, Vice-President, Corporate Development
Contact: Erin Ostrom / Ralph Rushton
Shares Issued: 29.2-million
You can view the Next News Releases item: Mon Oct 25, 2010, Focus Signs Drill Contract for its Chúcara Gold-Silver Project, Peru
You can view the Previous News Releases item: Thu Aug 5, 2010, Further Progress at Chúcara, Sampling returns 15.1 g/t Au & 800 g/t Ag over 1m
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