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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 Jun 21, 2021 11:22am
302 Views
Post# 33420227

RE:RE:RE:In the news release, they mention E79 quite a bit!

RE:RE:RE:In the news release, they mention E79 quite a bit!Goldred,

Back on March 25, the company issued the folowing news release .....

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

which included the following updates : 


  • Drilling at the Moormbool project has started targeting a high-priority magnetic and geochemical target.
  • Drilling continues at the Lauriston project, where assay results from multiple recently completed holes are pending.
  • Drilling is targeted to commence during the next 30 days at the Golden Mountain project while exploration work continues to define drill targets at Enochs Point target within the Walhalla.
  • Gold belt project and at the Reedy Creek goldfield also within the Melbourne zone.


Indeed .... assay results have been pending from Lauriston since March 25 ..... 3 months ago.

If there had been anything decent, you can be darned sure mg't would have reported assay results.

Closing in on the end of June ... was told 7-8  weeks for turn around time from drill core being sent to the lab until receipt of assay results .... should he seeing something, anything, in the not too distant future, ...... lol .... I ain't using that "I" word that Bryan Slusarchuk enjoys using .


;-)

GLTA


P.S. Have you been watching Molybdenum prices the past few weeks ?!?!?

US$20 / lb .... giving that small junior exploration company's 462 million lb moly deposit I referred to a couple weeks ago an in-ground value of over C$11 Billion ..... they're raising a bit of money at the present time and will still have less than 25 million shares O/S


GLTA ! 
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