Initial Mineral Resource Estimate On Galloway Gold Project

ROUYN-NORANDA - Fokus Mining Corporation reported on the initial mineral resource estimate (MRE) which is based on recent exploration and drilling programs, mineralization modeling and metallurgical testing from the Moriss, Hendrick and GP gold deposits.

Over 40,000 meters of diamond drilling has been completed in the last two years. The Company now plans to prioritize infill drilling and testing potential lateral extensions and will continue to drill the recently discovered RB mineralized zone in the near term.

Jean Rainville, President and CEO, said, "We are delighted to cross this initial milestone and demonstrate the potential for a multi-million once resource on the western portion of the Galloway property. While this MRE was completed with underground mining assumptions, there exist areas of gold mineralization on GP, RB and the Hurd sector that may have open pit potential. (Hurd is located north-east of RB). Hence, although timing is uncertain, a revisited MRE is in the cards as we now have a better understanding of  the three mineralized zones included in the MRE where more drilling is required: 1) to get a better handle on the gold grade to find out if infill drilling can support an increase in the MRE; and 2) to examine the potential for lateral extensions and depth potential on those same mineralized  zones. As well, other areas such as the RB zone have only received limited work to date but our planned exploration program aims to leverage all the information we now have for maximum impact on continuing to advance the Galloway project".

The Company expects to be able to release the results of the four holes drilled on the RB Zone and will be able to provide more details on this recently discovered mineralized sector.