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 > finally gave up on this today

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Comment by blindpigon Jan 12, 2023 11:58pm

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RE:RE:RE:RE:RE:RE:RE:finally gave up on this today

My brother was at one of their Canadian properties and left before Kirkland Lake's Fosterville property started to show it's real potential. Kirkland Lake back 5-10 years ago was a languishing $2 stock operating the Macassa Mine, which had been given up for dead by Kinross. They bought their Fosterville property for a song (how did the Australians miss that!), as a low grade open pit only to discover very high grades at depth. The rest is history. I don't have any special insight other than sometimes being close works. I did stay away from Rubicon on my brother's advice. Lol

Just like everyone else here. Hoping for some good news and also hoping that the recent 2x iincrease this year is based on something positive to come. Yes mining is a crax shoot and Kirkland Lake got "lucky" (although Canadian mine engineers are the best in the world and they probably had a good reason to believe gold could be found at depth). Macassa is the deepest gold mine in Canada and one of the deepest in the world. I guess Australian's being big iron ore open pit miners couldn't see that. Go figure! Lol Not to pump fsx managment, but mostly Canadian and have a good track record. I'm in.

Good Luck to All

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Exploration company provides project portfolio update