FCV Focus Ventures Ltd. (delisted)

Focus Ventures Ltd. (TSX VENTURE:FCV) is pleased to announce that drilling has
commenced at the Bayovar 12 phosphate project. All necessary approvals for the
drill program have been received from the Peruvian Authorities and two drills
are currently on site.


Twenty holes will be drilled on a grid pattern over an area approximately 14km2
(1,400 hectares) within the western end of the 12,575 hectare concession. The
holes will be drilled vertically to target phosphate beds within the Diana
Formation, a sequence of horizontally bedded diatomites and sandstones some 50m
thick. The phosphate beds lie between 30-50m below surface, and are typically
consistent in grade and continuous over long distances. These phosphate units
are currently being mined at the Bayovar Mine, a joint venture between Vale,
Mosaic and Mitsui, one of the biggest phosphate deposits in South America, which
is located 15km to the west of Bayovar 12. 


Management hopes that drilling at Bayovar 12 will lead to an initial NI 43-101
compliant resource calculation. The conceptual geological target size is between
80 - 100Mt of phosphate rock grading between 12-18% P2O5 - roughly in line with
the other known deposits in the Bayovar district. (The reader is cautioned that
the potential quantity and grade is conceptual in nature, and there has been
insufficient exploration to define a mineral resource. It is uncertain if
further exploration will result in the target being delineated as a mineral
resource. The calculation is based on the presence of at least 6 phosphate beds
each averaging 0.75m width, with a specific gravity of roughly 1.7, over an area
of approximately 14km2.)


Background 

The Bayovar 12 concession shows potential to host a large sedimentary phosphate
deposit. The Bayovar district is situated in the Sechura Desert, a
north-trending basin approximately 22,000 square kilometres in area comprising
Miocene-aged sedimentary rocks. Phosphate was discovered in the 1950's during
drilling for petroleum. It occurs as beds of pelletal phosphate within the
Zapallal Formation, a thick sequence of diatomites and sandstones. The phosphate
layers are remarkably regular in P2O5 content over long distances, a typical
characteristic of marine phosphate deposits. At Vale's Bayovar mine, the soft
and friable nature of the phosphate rock and diatomite permits mining by
conventional truck and shovel without the use of explosives. 


On January 14, 2014, the Company's Peruvian subsidiary Agrifos Peru S.A.C.
signed a formal Option Agreement for the acquisition of shares in Juan Paulo
Quay S.A.C. ("JPQ"), the titleholders of the Bayovar 12 non-metallic mining
concession. The terms of the Agreement were outlined in Focus's news release
dated September 10, 2013. Agrifos can earn a 70% interest of the issued share
capital of JPQ by investing in exploration and making a series of cash payments
up to the completion of a positive pre-feasibility study, after which Agrifos
will have the first right of refusal to purchase the remaining 30% of JPQ. 


PDAC

Focus will be attending the annual PDAC conference at the Metro Toronto
Convention Centre (South Building) between 2 - 5th March 2014. Focus management
will be available at Booth #3014 to update shareholders and investors on the
Company's plans and activities. 


Qualified Person 

The scientific and technical information in this release was prepared under the
supervision of 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 NI 43-101. 


About Focus Ventures

Phosphate rock is a raw material for fertilizers and vital to world food
production. Focus is acquiring and developing quality phosphate projects in
Latin America where the discovery and development of new deposits is becoming
increasingly important given the growing demand and limited local supply of
phosphate for fertilizer production. For further information, please call
604-630-5544 or visit our web site www.focusventuresltd.com. 


ON BEHALF OF THE BOARD

Ralph Rushton, Director

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 Statement

Some of the statements in this news release contains forward-looking information
that involves inherent risk and uncertainty affecting the business of Focus
Ventures Ltd. Actual results may differ materially from those currently
anticipated in such statement.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Focus Ventures Ltd.
Ralph Rushton
(604) 630-5544
(604) 682-1514 (FAX)
info@focusventuresltd.com
www.focusventuresltd.com

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