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For personal use only Focus Minerals Ltd. Market Announcement 30 July 2021 Quarterly Activities Report for June 2021 Quarter Highlights : • • 30 % increase to Coolgardie Gold Project deposit CNX's Inferred and Indicated Mineral Resource including conversion of 2.2Mt @ 1.5g / t for 105Koz to Indicated status Confirmed at least 400m strike of CNX - style mineralisation from surface at the emerging Green Light deposit 18 % increase for Coolgardie deposit's Big Blow deposit's Inferred and Indicated Mineral Resource • Coolgardie deposit Happy Jack's Mineral Resource updated Coolgardie feasibility works progressing well • • Total exploration expenditure for the quarter : $ 3.5m Cash ( unrestricted ) as at 30 June 2021 : $ 10.91m West Australian gold explorer Focus Minerals ( ASX : FML ) ( Focus or the Company ) is pleased to provide its Quarterly Activities Report for the quarter ended 30 June 2021 . Most of the Company's activities during the quarter were centred on the Coolgardie Gold Project ( Coolgardie ) though Focus also carried out work to advance its Laverton Gold Project ( Laverton ) . During the quarter , Focus completed 44 reverse circulation ( RC ) holes / pre - collars for 6,632m and 34 diamond holes / tails for 6,542.34m drilling at Coolgardie . The drilling was completed for : Feasibility / permitting purposes including geotech , hydrogeology and metallurgical data / sampling ; • • Resource development activities ; and • Exploration and tenement management . Other activities included ongoing Mineral Resource reviews at Coolgardie .