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only For personal use Focus Minerals Ltd. Market Announcement 29 April 2021 Quarterly Activities Report for March 2021 Quarter Highlights : ○ Positive results from a progressive PFS for Stage 1 of Laverton Gold Project development 。 Significant drilling intersections at Beasley Creek and Beasley Creek South , part of Laverton 。 Significant drilling intersections at CNX , at the Coolgardie Gold Project , support the recently announced resource model with extensive feasibility , permitting and resource development activities now underway 。 Significant results at several other Coolgardie deposits ahead of Mineral Resource review / updates ○ Skull Creek discovery on E38 / 1864 at Laverton and location of the Lancefield Thrust on E38 / 3186 о Total exploration expenditure for the quarter : $ 2.87m ○ Cash ( unrestricted ) at 31 March 2021 : $ 15.73m West Australian gold explorer Focus Minerals ( ASX : FML ) ( Focus or the Company ) is pleased to provide its Quarterly Activities Report for the three - month period ended 31 March 2021 . During the quarter , Focus completed 69 reverse circulation ( RC ) holes for 9,009m and eight diamond ( DD ) holes for 1,731m drilling at the Laverton Gold Project ( Laverton ) . Focus also completed eight RC holes for 1,572m and five DD holes for 1,139.1m at the Coolgardie Gold Project ( Coolgardie ) . The drilling was completed for : • Feasibility / permitting purposes including : geotech , hydrogeology and metallurgical data / sampling Resource development activities Exploration and tenement management Other activities during the quarter included ongoing resource reviews at Coolgardie and final works to enable reporting on the Stage 1 Laverton Pre - feasibility Study ( PFS ) .