Focus Minerals (ASX:FML) has found further gold drilling at its Bonnie Value prospect in Coolgardie including intersections of 7 metres at 22.06g/t gold and 5 metres at 21.54g/t.
The intersections are just nine kilometers from its 1.2 million tonne per annum processing plant at Three Mile Hill.
The company is the largest landholder in the Coolgardie Gold Belt.
The program in December 2014 included 9 RC holes totalling 1,865 metres and was designed to test the extension of the high grade quartz reefs defined from previous drilling in 2014.
Stage 1 and Stage 2 drilling conducted earlier in 2014 intersected and confirmed quartz reefs with high grade gold mineralisation while third stage extends high grade gold mineralisation along strike.
The mineralisation remains open to southeast and at depth.
Focus will continue to explore at Bonnie Vale in the first half of 2015 to test extensions and continuity.
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