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.

OTCQX:FSXLF - Post by User

Fosterville South Exploration Ltd

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Post by MikeyD1on Nov 02, 2021 1:49pm

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What’s the strategy?

Anyone have any insight into what the Company's plans are for the next 6-12 months? The latest release stated that drills are turning at Providence, Wahalla and Beechworth but no mention of Golden Mountain and Lauriston. Is the plan to drill discovery holes everywhere, assess and then do more focused drilling later or what? Seems to me that there isn't a clear short to mid-term strategy and mr market isn't happy with that. Thoughts, insights?

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