Quarterly Activities and Cashflow Report
| Stock | Focus Minerals Ltd (FML.ASX) |
|---|---|
| Release Time | 30 Jan 2026, 7:29 p.m. |
| Price Sensitive | Yes |
Quarterly Activities and Cashflow Report
- Stable and efficient milling operations with record gold poured in November
- Open pit mining continued at Alicia, Dreadnought and CNX, delivering 9,127 ounces of gold
- Bonnie Vale Underground Mine produced 12,726 ounces of gold
Focus Minerals Ltd reported that milling at the Three Mile Hill (TMH) processing plant remained stable and efficient, with a total of 414,896 tonnes processed, including 332,322 tonnes of the Company's own ore and 82,574 tonnes of toll treatment ore. A record month of Company-owned gold poured was achieved in November, delivering 10,673 ounces. The Company's processed ore achieved a head grade of 1.817 g/t with average metallurgical recovery of 93%. Open pit mining continued at Alicia and Dreadnought, and CNX delivering 295,028 tonnes at 0.96 g/t for 9,127 ounces of gold. The Bonnie Vale Underground Mine produced 56,317 tonnes of development and stope ore @ 7.03 g/t, for 12,726 ounces of gold. The Company also reported on exploration and resource development activities, including drilling programs at Bonnie Vale, Undaunted, Cookes, Top Tank, Lady Loch, Adelaide-Friendship and Westralia deposits. Focus received approximately $118.7 million from the proceeds of sale of gold and silver, plus toll milling fees during the Quarter, and had a cash position of $159.7 million as of 31 December 2025.