FSX:TSXV | FSXLF:OTC | 4TU:Germany
Fosterville South Reports Assays from First Core Drill Hole at Beechworth Gold Project With Hole HBDH001 Returning 8.6m at 5.22 g/t Gold including 3.6m at 10.72 g/t Gold
The Fosterville Gold Mine, owned by Kirkland Lake Gold, is the world’s highest grade and lowest cost gold mine.
The AISC at Fosterville was USD $315 / oz in Q1 2019, and the mine has operated with a 34.3 g/t gold head grade over the past 12 months.
Fosterville South Exploration has three high grade gold projects in the Fosterville area including a large land package with historical high grade production immediately south and adjoining Kirkland Lake Gold’s Fosterville tenements.
2 Large 100% owned high grade gold projects
and one large group of tenement applications in the heart of the worlds most important high grade mining district
Tight share structure
compelling valuation and strong treasury
Historical high-grade gold production
adjoining and immediately south of the world class Fosterville Mine, owned by Kirkland Lake Gold
Experienced management and award winning technical team
with a track record in this District and with a history of wealth creation in the sector