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Fosterville South Exploration Ltd V.FSX


Primary Symbol: FSXLF

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

Comment by Linemineron Nov 29, 2020 8:49pm
82 Views
Post# 31998011

RE:RE:RE:RE:RE:RE:KL and Novo

RE:RE:RE:RE:RE:RE:KL and NovoSavin - exactly ! KL took a mediocre mine and under new analysis, drilled deeper - and now have the world's cheapest AISC - very rich asset ! As a JV for FSX - they provide $$ - understanding of the geology and have an adjacent LOM benefit - earn in at 40% ??? - all expenses paid exploration - and FSX - having overview with no $$ spent on Lauriston becomes even more $$$ ready to move forward the eastern Victoria projects which sound more "greenfield" and exciting! Sounds like Rob McEwen - Goldcorp and the Dickenson mine vs the Campbell/Red Lake mine in the 1980s! If Rob is invested in FSX that's a positive - Bryan might ask his opinion ?? On JVs and percentage "give- ups" in a JV agreement. The wider we explore the web of knowledge - the more we prosper - I love explorers - " if you're not living on the edge - you're taking up too much space" Ciao
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