Fosterville South Exploration Ltd V.FSX

Primary Symbol: FSXLF

Metals & Mining Gold

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.

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Fosterville South Exploration Ltd > A couple of things I noticed

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Comment by savinfamilyon Mar 10, 2021 11:53am

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Post# 32762995

RE:RE:A couple of things I noticed

At this stage and at this depth, for Rex Motton is more important to find gold at reasonable grade in all of holes drilled than to find bonanza grade in one or very few of holes. They drilled 49 holes at Golden Mountain (+ 5 at Star of Glen with 156 g/t gold in sampling). We are always waiting for assays results for 7 holes. They found gold in all holes, except the 46th. Only the 43th hole's death is neat to the depth of bonanza grade according to this zone's mineralisation (ses KL and Mandalay programs). Rex Motton goes for 1-tier deposit, no doubt here.

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