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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

Post by Tadon Dec 11, 2021 12:31pm
456 Views
Post# 34221740

Word from Bryan ......

Word from Bryan ......

The following was posted on the Fosterville South  bulletin board over at CEO.ca on December 9

https://ceo.ca/fsx




"[@bslusarchuk] The assay lab has been excellent. Some of the fastest assay turn arounds out there, up until recently. During October (less than 60 days ago) we put out two excellent assay news releases (from two different projects). The lab has slowed down a bit but we are expecting more assays soon. Close to $24 million in cash on hand (as per latest financials), 4 drills turning on 3 different projects (some of the best geology for high grade gold in Australia, in our view). So to recap - assays have been announced recently, more drill assays are expected soon, close to $24 million cash on hand and 4 drills turning. Looking fwd to a strong close to 2021 and a great 2022 on the ground. Rex and team are doing a great job here but its exploration which means we never (as shareholders) get as much news flow as fast as we want etc, but that is the business we are in. We are cashed up and busy on the ground." 




We'll see, I'm not holding my breath with any timing, considering the way the medical fascists are currently running to assylum formerly known as Australia.


GLTA !
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