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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.


TSXV:LVX - Post by User

Post by Linemineron Apr 24, 2021 1:30am
197 Views
Post# 33060824

Now - I'm not sure of the rules

Now - I'm not sure of the rulesBut the initial drill results from only 3 holes - ( 8 hole assays still to come ) have been QUICK! - and show that there are reasonable enough grades for open pit mining ( only 500 /700 ft to open pit paydirt grades) -- I like the core assay immediacy and the company transparency - drilling begins February - first results in April - great speed in a Covid clogged assay times - just saying - great transparency from a new company - yeah another 8 holes drilled - but of 11 holes - results already on 3 holes - and if the mining jurisdiction will allow for relatively shallow "open pit" - indicators are good on Avoca - the Excelsior project ! Let's see what's to come - more assays - better geological understanding by -- August ?? Keep up the news !
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