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Leviathan Gold Ltd V.LVX

Alternate Symbol(s):  LVXFF

Leviathan Gold Ltd. is focused on exploring for high grade gold deposits within the Stawell and Bendigo Zones of central Victoria, Australia. The Company’s principal properties are the 100% owned Avoca Project, Timor Project and Queens Birthday Project in the State of Victoria, Australia. In addition, the Company intends to investigate and acquire and/or stake in other projects of merit. The Avoca project is located approximately 183 kilometers (km) west northwest of the Victorian state capital Melbourne, with road access. The Avoca project occurs within the Stawell zone of the Victorian goldfields, west of the Bendigo and Melbourne zones. The Timor project occurs approximately 10 km east of the Avoca project and occurs within the Bendigo zone of the Lachlan Fold Belt. The Timor project area contains numerous hard rock and alluvial gold deposits evidenced by significant historical workings. The Queens Birthday Project comprises Exploration License-EL007937.


TSXV:LVX - Post by User

Comment by Tadon Jan 11, 2022 9:10pm
141 Views
Post# 34306380

RE:RE:I just spoke to IR

RE:RE:I just spoke to IR

..... and once again ..... another 3 month period since anything tangible released to shareholders from this alleged exploration company.

Two drill rigs supposedly turning .... hard to believe they haven't hit anything in such "highly prospective" targets.


Soooo .... when do we get an exploration update ..... before or after the next tranche of 10 million shares are released from escrow in February .... ???

.... supposedly $150,000 per month burn rate ... $1.8 million / year ...... they'll be running out of capital by the time the final tranche of shares are issued. However, half the $12 million raised in the IPO is gone already ..... so the burn rate for the first year was closer to $500,000 per month.

Hmmmmm ....... ??? 



GLTA. 




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