About FGLD
Focus Gold Corp, Inc. is a Company focused on acquiring and developing gold mining properties worldwide. FGLD has developed a private equity strategy to acquiring gold mining properties following several key investment criteria:
1.) Primarily Gold
2.) Assets must be in safe governmental jurisdictions worldwide. FGC will seek geographic diversification across its portfolio
3.) Looking to invest $500,000 to $5 million in projects with significant exploration upside where returns are at their highest
4.) Will look for assets ranging from grass roots exploration to near production. FGLD will look to have a balanced portfolio of properties across this spectrum so as to maximize returns while also mitigating risk
5.) Investments may be structured as 100% control, minority/majority equity positions or debt depending on the transaction type and potential return
6.) Where possible, FGLD will acquire properties with existing capable management teams and then provide senior level experienced management oversight
7.) Once a property has matured to a sizable level, FGLD will seek to divest of the property either through a strategic sale or through a spin-off into a stand-alone public company
FGLD Products & Services
HUICICILA PROJECT - MEXICO
DESCRIPTION
Focus Gold’s Huicicila Porphyry Gold – Copper Project is located in the state of Nayarit, Mexico. The Huicicila Project comprises exploration concessions totaling about 1,500 hectares of prospective geologic terrain. The Cila concession block hosts porphyry-style gold and copper mineralization in a diorite intrusion and related diatreme breccia. The Cila block also hosts high-grade gold and silver veins with historical production dating from the 16th Century. The Focus concession block exhibits widespread phyllic and propylitic alteration as well as lead-zinc veins, commonly found on the periphery of or above porphyry copper – gold systems. Both the Cila and Focus blocks are prospective for hosting porphyry-style (large tonnage) gold – copper deposits. The Focus block is adjacent to Cream Minerals’ Nuevo Milenio property, reported to contain over 50 million ounces of silver.
Focus Gold’s work so far on the Huicicila has comprised geological mapping, geochemical sampling and preliminary geophysical surveys. To date, over 10 square kilometres of hydrothermal alteration have been mapped, confirming the presence of porphyry – style mineralization, including stockwork mineralization. Ongoing work is continuing to recognize zones of anomalous gold and copper geochemistry associated with porphyry – style hydrothermal alteration. This work is expected to lead to the definition of several drill targets, to be tested during an initial drilling program that will begin before year-end.
REPORT ON THE ASSETS OF FOCUS GOLD CORP. HUICICILA PROJECT, MEXICO
report: http://www.goldbagcorp.com/_docs/43-101 ... Mexico.pdf
FORE BURN, SCOTLAND (GOLD-COPPER)
In Scotland, we have compiled all historical data and identified and field checked sites for an initial 6 - 8 hole drill program to test high grade gold / copper intersections identified by RTZ's previous work in the eastern half of the target area and to test new targets in western half of target area. Target generation work has shown that the Fore Burn target itself is likely part of a larger favorable province of gold mineralization within our license area. This has expanded the area considered prospective several-fold. We intend to start a drilling and regional follow-up program shortly after closing.
SPERRINS, N. IRELAND (GOLD)
In Northern Ireland, we have compiled existing geochemical data and determined that we have dozens of anomalous gold occurrences within our license area in geology similar to nearby Dalradian Resources who trade on the TSX (Indicated 400,000 ozs. Au @ 13.24 gpt plus Inferred 1,160,000 ozs. Au @ 14.64 gpt). We will commence a work program focused on drill target generation following up on these anomalies right after closing.
CLOGHER VALLEY, IRELAND AND N. IRELAND (BASE METALS)
At Clogher Valley on the Northern Ireland, Ireland border, several areas have been identified where geology is prospective for world class Irish type zinc-lead massive sulphide deposits. Data compilation has revealed several areas of anomalous zinc and lead occurrences in soil. We are optimistic that follow up of these anomalies together with further detailed definition of zones of prospective geology will lead to drill targets.
METALLUM - UNITED KINGDOM AND IRELAND
CSA GLOBAL REPORT
http://www.goldbagcorp.com/_docs/CelticCSA.pdf
METALLUM - UNITED KINGDOM AND IRELAND
PRESENTATION
http://www.goldbagcorp.com/_docs/Metall ... tation.pdf
TIMMINS PROJECT - CANADA
WATABEAG
The property is a total of 131 hectares and is located approximately 60km east of Timmins, Ontario. Exploration on the property began in 1973 with additional drilling in the 80's. Two 1973 overburden drill holes on the Watabeag property gave 23,330 and 10,470ppb gold in panned concentrates of basal till samples overlying granodiorite. Four overburden holes were drilled in 1980 to follow up these highly anomalous gold values. Two of the holes produced very high gold results with visibly irregular gold grains suggesting a local source. An additional 11 overburden holes were completed in 1981 to define two anomalies with well defined head and tail features. The initial drill hole intersected mixed dacite and feldspar with a brecciated and altered zone assaying 8.9g/t Au across a 0.9m interval.
TIMMINS PROJECT - CANADA
RUSSELL CREEK
The property is a total of 128 hectares and is located approximately 70 kilometers east of Timmins. Minor exploration for gold commenced in 1980 when Asarco (Cook Joint Venture) completed ground magnetic and EM surveys in the area of two weak airborne EM conductors. The surveys defined a north west trending fault structure along Russell Creek.
Gold Bag is a mining exploration stage exploration company.
FGLD Recent News
Wednesday, September 28, 2011
Focus Gold Corp. CEO Grant White Presents Company to Group of Institutional & Retail Money Managers at London, UK Investor Forum
Marketwire (Wed, Sep 28)
Monday, September 19, 2011
Focus Gold Corp. Releases New Competent Persons Report Prepared by SRK Consulting Stating Further Confirmation of a Potential Porphyry Copper-Gold System
Marketwire (Mon, Sep 19)
Thursday, September 15, 2011
Focus Gold Corp Recruits World-Class Porphyry Expert as Project Manager in Nayarit, Mexico
Marketwire (Thu, Sep 15)
Wednesday, September 14, 2011
Focus Gold Corp Makes Significant Progress in Advancing Its Porphyry Gold-Copper System in Nayarit, Mexico
Marketwire (Wed, Sep 14)
Tuesday, August 23, 2011
Focus Gold Corp Successfully Makes Its First Semi Annual Option Payment on Its CILA Claims in Nayarit, Mexico
Marketwire (Tue, Aug 23)
Monday, August 8, 2011
Focus Gold Corp Nears Closing of the Metallum Acquisition
Marketwire (Mon, Aug
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FGLD Contact Info
CORPORATE OFFICE
FOCUS GOLD CORP.
TORONTO
1 Dundas Street West, Suite 2500
Ontario, M5G 1Z3 Canada
T: 416 593 8034
F: 416 204 1939
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