Focused on Gold in Peru

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 March 02, 2011
Focus Discontinues Nueva California Option

 March 2, 2011; Vancouver, Canada: Focus Ventures Ltd. (TSX-V: FCV.V) announces that it has terminated its Option Agreement on the Nueva California property, Peru.

Since the Company announced drill results from its second phase drill program in March 2010, management has been unsuccessful in finding a joint venture partner to continue exploration at the property. In view of this and an imminent option payment that would be required to keep the agreement in good standing, the Company has decided that the property be relinquished.

ON BEHALF OF THE BOARD

"David Cass"
David Cass, President

Contact: Erin Ostrom / Ralph Rushton
Symbol: TSXV-FCV
Shares Issued: 29.3-million

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statement
Some of the statements in this news release contain forward-looking information that involves inherent risk and uncertainty affecting the business of Focus Ventures Ltd. Actual results may differ materially from those currently anticipated in such statement.
 
 

You can view the Next News Releases item: Wed Mar 2, 2011, Buenaventura Drilling at Focus's Minas Chanca Silver Project, Peru

You can view the Previous News Releases item: Thu Feb 17, 2011, Exploration Update

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