Tuesday, November 30, 2010

Focus Ventures (FCV.v) news

Terms looks fairly reasonable, too. Here's the NR:

Focus Acquires High-Grade Silver-Lead-Zinc Project in Peru; Samples up to 107 oz/t Ag, 11.7% Pb, 11.8% Zn over 0.7m

VANCOUVER, Nov. 30 /CNW/ - Focus Ventures Ltd. (TSX-V: FCV.V) is pleased to announce that it has signed an Option and Purchase Agreement to acquire the Santa Rosa Mine, a high-grade Ag-Zn-Pb deposit located 100km north of the Peruvian capital, Lima, and 70km southeast of Focus' Minas Chanca silver project.
The 551 hectare property is situated at an altitude of between 4,000m and 4,500m above sea level within the prolific Central Peru Polymetallic Belt, which hosts a number of world class silver, lead and zinc deposits such as Iscay Cruz, Uchucchagua and Cerro de Pasco. The Santa Rosa project represents the Company's fourth acquisition in its on-going search for high-potential, advanced-stage projects across Peru. Focus is currently CONTINUES HERE