Focus Ventures is a Canadian exploration company dedicated to the discovery and definition of quality mineral resources in Peru and Mexico, arguably two of the most endowed mining regions in the world. By focusing our acquisition strategy on drill-ready properties, we hope to maximize our chances of making a major discovery for shareholders within the shortest possible lead time.
In Mexico, Focus has acquired a large land postion at Santa Cruz in Durango and controls over 20 km of an unexplored silver mining trend where it has already made several exciting discoveries and identified numerous targets that show potential to host both bulk-tonnage high and low grade silver deposits.
In Peru, Focus recently announced the sale of its 25% interest in the Minas Chancas project to Peruvian miner Buenventura for $2.5 million in cash and $1.5 million via a Private Placement in Focus at $0.40 per share. As a result of the transaction Buenaventura will own 9.35% of the outstanding common shares of Focus.
The Machay project, Peru is an early stage, 100%-owned phosphate property where sampling has returned up to 11.4% P2O5 and further evaluation is underway to test the grades below the zone of surface weathering.
Focus Ventures, a Gold Group company, has an exceptional management and Peru-based geological team, led by President David Cass. The company maintains an aggressive acquisitions strategy. The commodities we are exploring for include gold, silver, zinc, copper and phosphates.
