Quarterly Activities and Cashflow Report
| Stock | Focus Minerals Ltd (FML.ASX) |
|---|---|
| Release Time | 30 Apr 2026, 8:15 a.m. |
| Price Sensitive | Yes |
Quarterly Activities and Cashflow Report
- Stable and efficient milling operations at Three Mile Hill processing plant
- Continued open pit mining at Alicia, Dreadnought, and CNX
- Bonnie Vale Underground Mine production increased with strong stoping performance
Focus Minerals Ltd's Coolgardie Gold Operations reported a stable and efficient March 2026 quarter. Milling at the Three Mile Hill processing plant processed 354,879 tonnes, including 294,335 tonnes of the Company's own ore and 60,544 tonnes of toll treatment ore, achieving a head grade of 1.90 g/t and average metallurgical recovery of 95.4%. Open pit mining continued at Alicia, Dreadnought, and CNX, delivering 281,800 tonnes at 0.85 g/t for 7,709 ounces of gold. The Bonnie Vale Underground Mine produced 86,028 tonnes of development and stope ore at 3.71 g/t, for 10,256 ounces of gold. A total of 18,191 ounces of gold were sold at an average realised price of A$7,043.39 per ounce. Exploration and resource development activities included underground diamond drilling and RC and DD resource development drilling programs at Bonnie Vale, Bonnie Vale West, Patricia Jean, and Greenlight. The Company ended the quarter with a cash and cash equivalent position of $150.2 million, plus a term deposit of $66.1 million.
The Company reported gold production and sales for the March 2026 quarter, but did not provide any forward-looking financial guidance.