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29 October 2021 only For personal use Focus Minerals Ltd. Market Announcement Quarterly Activities Report for September 2021 Quarter Highlights : о At Coolgardie , core focus on expanding the high - potential CNX gold deposit , with confirmation ( subsequent to quarter end ) of a 31 % boost to the Mineral Resource including significant increases in total Measured + Indicated categories CNX fresh rock metallurgy test work has indicated very high gravity gold and leach recoveries о Work has begun on preparing maiden CNX Ore Reserve ○ Good progress on Coolgardie feasibility related works including heritage surveys , hydrogeology , geotech and metallurgy At Laverton , strong results from Euro North infill drilling O Total exploration expenditure for the quarter : $ 4.1m ○ Cash ( unrestricted ) at 30 September 2021 : $ 5.09m 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 30 September 2021 . At the Coolgardie Gold Project ( Coolgardie ) , Focus completed 33 reverse circulation ( RC ) holes for 2,748m , 23 RC / diamond holes for 4521.52m and two diamond holes for 411.3m . The drilling was completed for : • • • Feasibility / permitting purposes including : geotech , hydrogeology and metallurgical data / sampling Resource development activities Exploration and tenement management At the Laverton Gold Project , Focus completed 36 RC holes for 4,638m and seven diamond holes for 1,113.7m . Other activities during the quarter included ongoing Mineral Resource reviews at both Coolgardie and Laverton .