Fokus Mining Corp. Stock Analysis FKM.V

Fokus Mining Corp. is an exploration stage company, which engages in the acquisition, exploration and development of mining properties. The company is headquartered in Rouyn-Noranda, Quebec. The company went IPO on 2005-01-07. The firm is focused on acquiring and exploring precious metal deposits in Quebec, Canada, particularly in the Abitibi region, 20 kilometers (km) west of Rouyn- Noranda, with its Galloway Project. The 100% owned Galloway Project covers an area of 3,086 hectares and is located just north of the Cadillac-Larder Lake Fault, which extends for more than 100 km. The company has also entered into an asset purchase agreement to acquire approximately 100% interest in six properties, namely the Cadillac Break, Lucky Break, Silidor, Stadacona, Wasa Creek, and Wasa East projects, and a 40% interest in one property, the Capricorn project, all located along the Cadillac-Larder Lake Fault near the town of Rouyn-Noranda in the province of Quebec, Canada. The properties total 6,473 hectares across 215 exclusive exploration rights. Its Cadillac Break property consists of 26 exclusive exploration rights, covering over 786 hectares.