Quarterly Report – September 2010

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Production during the September Quarter, which comprised 74 milling days, totalled 247,965 tonnes @ 2.03g/t for 15,300 ounces. The mill was unavailable for 17 days in the quarter due to toll milling commitments.

Cash production cost for the quarter was $932 per ounce.


Focus’ reserves continue to grow, with open pit reserves at 1,490,000 tonnes @ 1.8g/t and underground reserves growing to 1,218,000 tonnes @ 3.7g/t for a total reserve position of 2,709,000 tonnes for 229,800 ounces.

Total Reserves and Stocks position of 3,883,000t @ 2.1g/t for 265,500 ounces with 1,174,000t @ 0.9g/t for 35,700 ounces of surface stocks.

Cyanide orebody included in Tindals underground reserve with 392,000t @ 3.2g/t for 41,300 ounces.

Exploration and Resources

During the quarter $3.2 million was spent on exploration in Coolgardie.

Significant drilling results from second phase of drilling of the Perseverance North target, with intersections including;

  • 4.4m @ 13.3g/t Au
  • 2.2m @ 27.8g/t Au

Highly encouraging drilling results from first pass drilling at Happy Jack in order to test for high-grade ore potential, with intersections including;

  • 8m @ 55.6g/t Au
  • 2m @ 20.7g/t Au
  • 4m @ 7.0g/t Au

Initial drilling of the 3D targeting model in the Lindsays – Bayleys area confirms the accuracy of the model and returns further exciting intersections including;

  • 1.6m @ 36.0g/t Au
  • 6.8m @ 5.8g/t Au
  • 2.6m @ 10.0g/t Au

The Mount

Work will commence in November on the next phase of exploration and development work at The Mount with preparations underway to enlarge the box cut and decline, develop another two levels down and mine a 200m cross cut to allow evaluation of other lodes. It is expected that the cross cut will intersect approximately 10 structures. This work is expected to be completed by March 2011.


At the end of the quarter Focus had $8.2 million cash and bullion on hand.

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