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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 Tadon Mar 02, 2021 10:35pm
107 Views
Post# 32702164

RE:Assay Results

RE:Assay ResultsMRGold,

I believe you missed this news release on December 18, 2020 :

"Fosterville South Expands Zone With Deepest Hole to Date Intersecting 55m at 3.06 g/t Au Including 15.9m at 6.93 g/t Au"

https://fostervillesouth.com/fosterville-south-expands-zone-with-deepest-hole-to-date-intersecting-55m-at-3-06-g-t-au-including-15-9m-at-6-93-g-t-au/

But yes, we all get what you're saying ..... as it was back on Jan 5 2021 that the company stated that it was waiting on 11 additional drill holes from the Golden Mountain drilling

https://fostervillesouth.com/fosterville-south-commences-drilling-at-lauriston-project/


As an aside ...I spoke with the V.P. of Corporate Development at another company I have invested in (CXB.to).
The reply to my enquiry about turn-around times from delivery of core samples to the lab until assay results are being received was that they have all their core samples shipped to an assay lab in Canada from Central America  The wait times they are experiencing are approximately 7 weeks. 

So .... we should have been hearing about those 11 holes from the Golden Mountain Project already, or the results should be out shortly .... if those samples were only sent in a short time prior to the January 5 statement.. I understand that Fosterville South also ships their core samples from Australia to a lab in Canada. 

Once assay results start flowing we should get a steady stream of assay news from FSX..... maybe ??

GLTA ! 

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