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Fosterville South Exploration Ltd V.FSX


Primary Symbol: FSXLF

Fosterville South Exploration Ltd. is a Canada-based company, which is engaged in the acquisition, exploration, and development of mineral properties in Australia. The Company’s properties include Lauriston Gold Project, Golden Mountain Project, Moormbool Project, Providence Project, Walhalla Gold Belt Project, and Beechworth Project. The Lauriston Gold Project is located in the central part of the State of Victoria, Australia. The Golden Mountain Project is located in the central part of the State of Victoria, Australia, situated approximately 150 kilometers (km) northeast of Melbourne. The Moormbool Project area consists of three granted licenses such as EL006280, EL006913, and EL007193. The Providence Project consists of one license, EL007052 that covers the Reedy Creek goldfield and the Big Ben prospect area. The Walhalla Gold Belt Project has one granted tenement and seven tenement applications. The Beechworth Project is located in Victoria, Australia.


OTCQX:FSXLF - Post by User

Comment by JefferonianGoldon Dec 14, 2020 10:48am
83 Views
Post# 32099324

RE:New Excitement !

RE:New Excitement !Liner,   These projects are for real!    As for North America, I believe we
are more interested in Victora's gold than they are "for now".

Without any exaggeration, Lauriston could ealily have 3 to 5 million in reserves.  If we say 3 million oz. and Lauriston being so close to KL's Fosterville mine, KL would pay $250 to $300 for ecey oz. in the ground.

3 million oz.'s  x $250.00 = $750 million.  Divide $750 million by say 68 million
shares and you get $11.00 per share...........Now we add up how many shares we have and ......................  (:

and that's just the Lauriston tenement.
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