Focus Ventures Provides Update on Bayovar Project

Focus Ventures Ltd. (TSXV:FCV) announced an update on the Phase 2 diamond drill program taking place at its Bayovar 12 phosphate project near Piura in Northern Peru.

As quoted in the press release:

The drilling to date has outlined phosphate mineralization over approximately 8 km from west to east and 5 km north to south. All holes intersected the same sequence of phosphate beds and highlight once again the remarkably consistent geology and grades of the phosphate mineralization over long distances, apparently with no faults or structures affecting the beds. Assays have been received for 9 holes JPQ-15-41, 15-42, 15-43, 15-44, 15-46, 15-47, 15-49, 15-51 & 15-54. Grades and widths are in line with results received in previous holes, as shown by the following statistics:

• Weighted average grade and widths of the upper 6 phosphate beds is 14.4% P₂O₅ over 0.48m with bed 3 averaging the highest grade of 21.72 % P₂O₅ over 0.42m
• Average grade of the lower 7 phosphate beds is 13.5% P₂O₅ over an average bed width of 0.51m
• Mineralization is open in all directions outside of the drill grid.

Eight large diameter core holes were also drilled to collect 400kg of material to investigate the production of direct application or Reactive Phosphate Rock (RPR) using dry processing.

Click here for the full Focus Ventures Ltd. (TSXV:FCV) press release