Leviathan Gold Ltd V.LVX

Leviathan Gold enters into Heads of Agreement

[Betteryear2]

• Core Prospecting Pty Ltd. – a private mining contractor - may earn up to a 75% interest in a three square kilometre area within EL5387 by completing up to 6,000 metres of diamond drilling in two phases.
• Historic production records from Excelsior indicate the mining of 13,200 tons for 9,260 ounces of gold from an ore shoot to a depth of 100 meters.
• Drilling to seek depth and strike extensions to mineralization reported during Leviathan's 2021 drilling campaign - which included intervals of 6.63 meters at 8.24 g/t Au in hole EH003 and 11.02 meters at 5.40 g/t Au in hole EH005.

VANCOUVER, BC, Aug. 29, 2023 /CNW/ - Leviathan Gold Ltd. ("Leviathan", the "Company") (TSXV: LVX) (Germany: 0GP) is pleased to announce that its wholly-owned subsidiary, Leviathan Gold (Australia) Pty Ltd., has entered into Heads of Agreement ("HOA") with Core Prospecting Pty Ltd. ("Core") in regard to the Excelsior Prospect at its Avoca Project in the Victorian goldfields, Australia.

Leviathan Gold enters into Heads of Agreement in regard to the Excelsior Prospect at its Avoca Project. (newswire.ca)