From KWN site FSX news explanation by Bryan Slusarchuk I just want to share this with ***SERIOUS FSX INVESTORS ONLY***
This Is Very Big News
Bryan Slucharsuk: “Eric, as you know, the start up of the Fosterville South core drilling program at our Golden Mountain project located in Australia has attracted a lot of attention.
Multiple High Grade Gold Assays Over Wide Intervals
We have just received our first assay results from this program and I am very pleased to report to you that our initial holes have encountered multiple wide cuts of high grade gold. This is an exceptional start to drilling and the high gold grades are going to create a lot of attention.
Spectacular Gold Intercepts – And They’re Just Getting Started
Today, Fosterville South announced some spectacular gold intercepts. Investors can view the Fosterville South News Release for full details but results include holes such as GMDH28 which records core length 39.5 meters at 7.25 g/t Au from 118.6m including 10.6m at 17.1 g/t Au from 137.85m and drill hole GMDH26 which records core length 5.8 meters at 18.4 g/t Au from 91.8m including 4.6m at 22.68 g/t Au from 93m. Also note, that in drill hole GMDH28, three occurrences of visible gold have been observed over a drill length of 12 meters located on fractures and within quartz veins.
Mineralization Open Along Strike & Depth And Drilling Is Accelerating
Drilling is ongoing with two drill rigs currently turning at Golden Mountain. The mineralization is open along strike and open at depth so we are incredibly excited. In fact, in the past few days, our team in Australia have quietly staked another 150 square miles for Fosterville South and therefore have tied up the prospective ground contiguous with our Golden Mountain claims. With high grade gold results like this, we wanted to make sure to have everything around us tied up and consolidated.
My personal belief, Eric, is that this gold bull market is just getting started and it is a once in a generation opportunity. And for us to have these types of high grade gold results at the start of a drill program in one of the top jurisdictions in the world is incredibly exciting. I can’t wait to talk again in the near future as more gold assay results flow from our increased drilling activity at Golden Mountain. Fosterville South, symbol FSX in Canada and FSXLF in the US.