Leviathan Gold Ltd V.LVX

Alternate Symbol(s): LVXFF

Leviathan Gold Ltd. is a Canada-based company, which is principally engaged in the acquisition and exploration of resource properties in Victoria, Australia. The Company’s projects include the Avoca and Timor Projects. The Avoca and Timor projects comprise approximately 223 square kilometers of exploration tenements within the Victorian goldfields, approximately 180 kilometers northwest of the state capital of Melbourne. The Projects are served by modern infrastructure, are accessible via paved roads and fall approximately 100 kilometers from the regional cities of Bendigo and Ballarat, both long-established centers of mining services. The Projects are located within an area of the Victorian goldfields, the golden triangle. It has also discovered Fosterville Gold Mine near Bendigo, which boasts reserves of 1.70 million ounces at an average grade of 23.1 g/t Au, including 1.16 million ounces at an average grade of 61.2 g/t Au 8.

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Leviathan Gold Ltd

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Post by Linemineron Mar 02, 2021 1:53am

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Post# 32692536

First of all - thank you TAD - for post on FSX

Great post - re PUBCOs and SPINCOs - bottom line - FSX probably did it good for them - but BAD for you and I - with the "tranches" /"escrows" and then the TMX realigning them for 36 rather than 16 months --- not enough "arm's length" between companies and directors.

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