Fokus Mining Corporation
Fokus Mining Corporation is a Canadian mineral resource company primarily engaged in the acquisition and exploration of precious metal deposits, with a significant focus on gold. Headquartered in Rouyn-Noranda, Quebec, Canada, the company's core mission revolves around unlocking the potential of its gold projects within the prolific Abitibi region.
The company's key asset is the 100%-owned Galloway Gold Project, located in Quebec's Dasserat Township, immediately north of the Cadillac-Larder Lake Fault. This project hosts an inferred mineral resource of 1.42 million ounces of gold. Fokus Mining also holds interests in several other properties along the Cadillac-Larder Lake Fault, including Cadillac Break, Lucky Break, Silidor, Stadacona-East, Deep, Dufay, Wasa Creek, Wasa East, and a 40% interest in the Capricorn property, collectively forming a substantial land package in the region.
In recent corporate developments, Fokus Mining Corporation is in the process of being acquired by Gold Candle Ltd. for an equity value of $65 million. Shareholders approved this acquisition on April 13, 2026, with the transaction anticipated to close in the second quarter of 2026. Upon completion, Fokus Mining is expected to be delisted from its current exchanges and become a private entity under Gold Candle Ltd. Philippe MacKay serves as the Chief Executive Officer and Director, having been appointed in November 2024.
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