Fosterville South Exploration Ltd V.FSX

Primary Symbol: FSXLF

Metals & Mining Gold

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

Fosterville South Exploration Ltd > Savin, I don't think so.................

<< Previous

Bullboard Posts

Next >>

Comment by savinfamilyon Dec 13, 2020 1:30pm

75 Views

Post# 32095874

RE:Savin, I don't think so.................

braindeadoldguy wrote:

Lauriston - at least 2 rigs, likely 3 would be important.

So someone do the math. What does it cost for a drill and crew per week, or per month out there?

Show me the burn rate please.

KL is just putting up to 95 mil. here. Ninety five millions, bro.
KL has this money amount and KL is not an exploration company. KL don't looking for a business basis. Our FSX does. And we must be patient to very well build and boost it.

<< Previous

Bullboard Posts

Next >>

Rig Count Soars as Utilization Surpasses Industry Averages