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Focus Ventures Ltd

Publié le 21 avril 2016

Bayovar 12 Project Update Pending; Jeff Franzen Joins Team as an Advisor

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Bayovar 12 Project Update Pending; Jeff Franzen Joins Team as an Advisor

743e7e9f-f370-4048-af61-70e612306f75.pdf

Bayovar 12 Project Update Pending; Jeff Franzen Joins Team as an Advisor

April 21, 2016; Vancouver, Canada: Focus Ventures Ltd. (TSXV:FCV, "Focus" or the "Company") is updating shareholders on progress on its Bayovar 12 phosphate project, located in the Sechura desert of northern Peru.

Optimization Study Update

Focus' senior management recently met with Independent Mining Consultants and M3 Engineering, both of Tucson, Arizona, to review progress with respect to changes-in-scope to the Bayovar 12 Pre-Feasibility Study. The changes-in-scope have been designed to improve the economic performance of the project and include: one large processing plant instead of the staged commissioning of two smaller ones; owner-operated instead of contractor-operated overburden removal; a doubling of pre-production overburden stripping to simplify the mine plan and production schedule; larger and more cost efficient loading and hauling equipment; and finally, a more logical and staged buildout of the tailings storage facility. The results of the updated Pre-Feasibility Study are expected in early May 2016.

Jeff Franzen Joins Team as an Advisor

Focus is pleased to announce that Jeffrey Franzen, P.Eng. has joined the Focus team as an advisor. He will provide technical and capital markets guidance and is now working closely with management on the Pre-Feasibility Study update.

Simon Ridgway, Chairman and CEO of Focus, said: "Adding Jeff's experience and capital markets contacts to our team will help us move the Bayovar 12 project closer to construction and production. He is working closely with our technical team to provide guidance on the complexities of reviewing and optimizing engineering studies. Jeff has been involved with a number of high profile projects over the years, and we hope to leverage that knowledge base as we move to unlock efficiencies at Bayovar 12."

Mr. Franzen is a registered Professional Engineer with over 40 years of experience in advanced project development and mine operations with a focus on project de-risking and feasibility-level studies. He has been associated with several development-stage mining projects that were subsequently sold to third parties including: North American Metals Corp. (1988), Continental Gold Corp. (1990), Francisco Gold Corp. (1997) and Mar-West Resources Ltd. (1998), Western Keltic (2008) and Terrane Metals Corp (2010). He has held leadership roles in the British Columbia & Yukon Chamber of Mines, Mineral Deposit Division of the Geological Association of Canada and Vancouver Mineral Exploration Group. Mr. Franzen holds a B.Sc., (Honours Geology) from the University of British Columbia and a M.Sc. (Structural Geology) from Carleton University.

Qualified Person

The technical information presented in this news release was reviewed by David Cass, Focus's President, who is a member of the Association of Professional Engineers and Geoscientists of British Columbia, and a Qualified Person in accordance with National Instrument 43-101. The information presented is regarded as a representative and accurate summary of the information presented.

About Focus

Focus is developing the Bayovar 12 phosphate deposit located 40 km from the coast in the Sechura District of northern Peru. Bayovar 12 hosts a large resource of highly-reactive sedimentary phosphate rock - a key raw material input for fertilizers and vital to world food production. Reactive phosphate rock from Sechura is a natural, slow-release source of phosphorus that can be applied directly to crops. Focus aims to supply direct application phosphate rock to the nearby agricultural regions of South and Central America, the fastest growing fertilizer market in the world.

For further information, please call 604-630-5544 or visit our web site www.focusventuresltd.com.

ON BEHALF OF THE BOARD

Ralph Rushton,

Director & Vice-President, Corporate Development

Symbol: TSXV-FCV

Shares Issued: 120.4-million

Contact: Ralph Rushton

Tel: (604) 630-5544; Fax: (604) 682-1514

Email: [email protected] Website: www.focusventuresltd.com

Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Certain statements contained in this news release constitute forward-looking statements within the meaning of Canadian securities legislation. All statements included herein, other than statements of historical fact, are forward-looking statements and include, without limitation, statements about the Company's plans for its Bayovar 12 Project. Often, but not always, these forward looking statements can be identified by the use of words such as "estimate", "estimates", "estimated", "potential", "open", "future", "assumed", "projected", "used", "detailed", "has been", "gain", "upgraded", "offset", "limited", "contained", "reflecting", "containing", "remaining", "to be", "periodically", or statements that events, "could" or "should" occur or be achieved and similar expressions, including negative variations.

Forward-looking Statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any results, performance or

achievements expressed or implied by forward-looking statements. Such uncertainties and factors include, among others, the Company's plans for its Bayovar 12 Project will proceed as intended; changes in general economic conditions and financial markets; the Company or any joint venture partner not having the financial ability to meet its exploration and development goals; risks associated with the results of exploration and development activities, estimation of mineral resources and the geology, grade and continuity of mineral deposits; unanticipated costs and expenses; and such other risks detailed from time to time in the Company's quarterly and annual filings with securities regulators and available under the Company's profile on SEDAR at www.sedar.com. Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended.

Forward-looking statements contained herein are based on the assumptions, beliefs, expectations and opinions of management, including but not limited to: that the Company's plans for the Bayovar 12 Project will proceed as intended; and that there will be no material adverse change affecting the Company or its properties; and such other assumptions as set out herein. Forward-looking statements are made as of the date hereof and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise, except as required by law. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, investors should not place undue reliance on forward-looking statements.

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Focus Ventures Ltd

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Focus Ventures est une société d’exploration minière basée au Canada.

Focus Ventures est productrice d'argent et d'or au Perou, en développement de projets d'argent et d'or au Perou.

Son principal projet en production est NUEVA CALIFORNIA au Perou, son principal projet en développement est CHÚCARA au Perou et son principal projet en exploration est MINAS CHANCA au Perou.

Focus Ventures est cotée au Canada. Sa capitalisation boursière aujourd'hui est 4,6 millions CA$ (3,6 millions US$, 3,0 millions €).

La valeur de son action a atteint son plus haut niveau récent le 22 janvier 2010 à 1,38 CA$, et son plus bas niveau récent le 20 avril 2018 à 0,02 CA$.

Focus Ventures possède 231 740 000 actions en circulation.

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Rapports annuels de Focus Ventures Ltd
2008 annual report
Financements de Focus Ventures Ltd
16/10/2013Increases Private Placement to $1.5M
02/10/2013Arranges $1.2M Private Placement
Projets de Focus Ventures Ltd
16/03/2011(Chúcara)Announces Remaining Chúcara Drill Results
17/02/2011(Chúcara). - Exploration Update
Communiqués de Presse de Focus Ventures Ltd
25/07/2016Focus Completes Credit Facility Extension
14/07/2016Focus to Extend Credit Facility
11/07/2016Focus Completes Private Placement
05/07/2016Focus Files Updated PFS Technical Report
15/06/2016Focus Increases Private Placement
01/06/2016Focus Announces Proposed Private Placement
17/05/2016Focus Ventures Conference Call Details
16/05/2016Focus Delivers Pre-Feasibility Update for Bayovar 12 Phospha...
21/04/2016Bayovar 12 Project Update Pending; Jeff Franzen Joins Team a...
06/04/2016Focus Completes Private Placement
22/03/2016Focus Provides Update on Bayovar12 Phosphate Project, Peru a...
05/01/2016Focus Announces Positive Prefeasibility Study for Bayovar12 ...
30/12/2015Focus Delivers Bayovar 12 Prefeasibility Study to Joint Vent...
26/10/2015ELYSEE Subscribes for 6.0 Million Units of Focus Ventures Lt...
19/10/2015Focus Clarifies Private Placement Warrant Terms
19/10/2015Focus Proposes $2.0 Million Private Placement
06/10/2015Focus Files Updated NI 43-101 Technical Report for Expanded ...
21/09/2015Focus Ventures Provides Update on Bayovar 12 Phosphate Proje...
25/08/2015Focus Ventures Engages Fertilizer Expert Dr. Bert Quin
20/08/2015Focus Delivers Updated and Expanded Resource for Bayovar 12 ...
19/08/2015Focus Delivers Updated and Expanded Resource for Bayovar 12 ...
27/07/2015Focus Upgrades Bayovar 12 Phosphate PEA to Pre-Feasibility S...
16/04/2015Focus Completes Sale of Royalty on Bayovar 12 Phosphate Proj...
16/04/2015Radius Completes Purchase of Royalty on Bayovar 12 Phosphate...
14/04/2015Focus Initiates Phase 2 Drilling at its Bayovar 12 Phosphate...
09/04/2015Focus Proposes CAD$3.0 Million Private Placement
09/04/2015Proposes CAD$3.0 Million Private Placement
30/03/2015Focus Completes 70% Purchase of JPQ, Owner of Bayovar 12 Pho...
30/03/2015Completes 70% Purchase of JPQ, Owner of Bayovar 12 Phosphate...
27/03/2015Focus to Extend Warrants
10/03/2015Focus Accelerates Purchase of 70% of JPQ, Owners of Bayovar ...
10/03/2015Radius Gold Acquires Option on Margarita Silver Property, Me...
10/03/2015Accelerates Purchase of 70% of JPQ, Owners of Bayovar 12 Pho...
02/03/2015Focus's Bayovar 12 Phosphate Project Yields Positive Metallu...
02/03/2015Focus' Bayovar 12 Phosphate Project Yields Positive Metallur...
23/01/2015Focus Ventures Ltd.'s President and Director Are Interviewed...
27/10/2014Focus Files NI 43-101 Technical Report on Bayovar 12
23/10/2014Focus Signs Joint Venture Agreement with Daewoo Internationa...
16/10/2014Focus Commences Bayovar 12 PEA and Provides Update
09/09/2014Focus Selects Engineering Consultants for Bayovar 12 Prelimi...
08/09/2014Focus Delivers Initial Resource Estimate for Bayovar 12, Per...
05/08/2014Focus Receives $971,000 from Exercise of Warrants
28/07/2014Focus Drills Phosphate Over 6.4 km2 at Bayovar 12, Peru; Res...
24/06/2014Focus Reports More Phosphate Drill Assays From Bayovar 12, P...
16/06/2014Focus Reports Further Phosphate Drill Assays at Bayovar 12, ...
09/06/2014Focus Appoints Timothy S. Oliver as Director of Projects
21/05/2014Focus Accelerates Warrant Expiry
20/05/2014Focus Receives First Drill Assays from Bayovar 12; Contracts...
14/04/2014Focus Closes $1.25 Million Private Placement
26/10/2013Shareholder Update
25/10/2013and Stonegate Announce that Focus has Acquired an Option to ...
16/09/2013Terminates Reventon Option
10/09/2013Acquires Phosphate Project in the Bayovar District, Peru
29/07/2013acquires new phosphate claims in Colombia
26/06/2013Options its Aurora Copper-Moly Project, Peru
21/05/2013and Stonegate Enter Into Letter of Intent for Focus to Acqui...
01/05/2013Starts Drilling at Reventon
11/03/2013Confirms Historical Drill Assays at Aurora and Samples 18.8 ...
16/02/2013. - Clarification of Technical Disclosure
16/01/2013Geophysical Survey in Peru Outlines Potential Size of the Au...
30/10/2012Makes New Discovery at Reventon: 98 g/t Ag over 24m in Trenc...
11/10/2012Exploration at Reventon Outlines 1,300m x 500m Silver-in-Soi...
25/09/2012and Northair Sign Definitive Agreement for El Reventon, Mexi...
13/07/2011Commences Drilling at Santa Rosa
27/06/2011Receives its Santa Rosa Drill Permit; Drilling to Commence i...
08/06/2011Provides Peru Exploration Update
19/04/2011Samples High Grade Silver at Santa Rosa, Peru - 5.9m grading...
10/03/2011Samples 14.6% Zn + 76g/t Ag over 11.3m at Santa Rosa, Peru
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