|June 09, 2014|
Focus Appoints Timothy S. Oliver as Director of Projects
|June 9, 2014; Vancouver, Canada: Focus Ventures Ltd. (TSX-V: FCV) is pleased to announce the appointment of Mr. Timothy S. Oliver, PE, P.Eng. as Director of Projects.|
Mr. Oliver has 37 years in the international mining industry and his most recent experience is strongly oriented towards the supervision and management of mine feasibility studies and the preliminary economic assessment of projects.
His primary role with Focus will be to establish the best options for the planned process work for the Bayovar 12 phosphate project in northern Peru, and to develop the engineering, metallurgical and environmental roadmap for the project as it moves through resource calculation to prefeasibility and bankable feasibility engineering studies.
After graduating from New Mexico Institute of Mining and Technology in 1976, Mr. Oliver began his mining career at Newmont Mining Corporation's Magma Copper Company in San Manuel, Arizona. Over the next 15 years he rose through the engineering and managerial ranks at base and precious metal and phosphate mines in the US and Chile for Exxon, Monsanto and Phelps Dodge. In 2003 he joined M3 Engineering in Tucson, Arizona, where he managed NI 43-101 studies and served as qualified person (QP) for numerous projects in Yukon Territory, Mexico and the USA. Tim returned to independent consulting in 2013 covering assignments in the US and Brazil. Mr. Oliver is a registered engineer in several US states and a member of the Association of Professional Engineers and Geoscientists of Alberta.
David Cass, the President of Focus, said: "I'd like to welcome Tim to the Focus team, whose experience in the engineering, planning and economic analysis of mining projects will contribute greatly to our efforts at Bayovar 12 as the project moves quickly forward. Tim will have the key role in coordinating and managing the metallurgical, engineering and environmental aspects of the project as we progress from resource definition to advanced engineering studies in 2015."
About Focus Ventures
Phosphate rock is a raw material for fertilizers and vital to world food production. Focus is acquiring and developing quality phosphate projects in Latin America where the discovery and development of new deposits is becoming increasingly important given the growing demand and limited local supply of phosphate for fertilizer production. For further information, please call 604-688-5288 or visit our web site www.focusventuresltd.com.
ON BEHALF OF THE BOARD
Director & Vice-President, Corporate Development
Contact: Ralph Rushton
Tel: (604) 630-5544; Fax: (604) 682-1514
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.
This news release may include certain "forward-looking information" within the meaning of Canadian securities legislation. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as "seek", "anticipate", "believe", "plan", "estimate", "forecast", "expect", "potential", "project", "target", "schedule", budget" and "intend" and statements that an event or result "may", "will", "should", "could" or "might" occur or be achieved and other similar expressions and includes the negatives thereof. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from the Company's expectations include actual exploration and development results, changes in project parameters as plans continue to be refined, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, delays or inability to receive required approvals, and other exploration or other risks detailed herein and from time to time in the documents filed by the Company from time to time on SEDAR at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements which speak only as of the date of this news release. The Company disclaims any intention or obligation, except to the extent required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
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