TSX-V: FSX
OTC: FSXLF
Gold Price ($USD)
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.
ABOUT FOSTERVILLE SOUTH EXPLORATION
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
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
Tight share structure
and compelling valuation
Fosterville South Adds Second Drill Rig at Beechworth Gold Project and Now Has a Total of Four Rigs Turning
November 5, 2021. Fosterville South Exploration Ltd. ("Fosterville South") or (the "Company") (TSXV:FSX) (OTCQX: FSXLF) (Germany: 4TU) is pleased to report that a second drill rig has commenced drilling the…
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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
Highlights: 8.6m at 5.22 g/t Gold from 194.6m, including 3.6m at 10.72 g/t Gold from 196.8m, in diamond drill hole HBDH001Rock chip assays from numerous gold prospects yielding gold grades…
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Fosterville South’s Initial Follow Up to Discovery Hole at Reedy Creek Shows System’s Ability to Produce Very High Grades, With Drill Assays up to 238.1 g/t Gold in Shallow Drilling
Highlights: 0.7m at 238.1 g/t Gold from 68.70m and 0.80m at 22.5 g/t Gold from 40.80m in diamond drill hole RWD01Visible disseminated gold within quartz veins was present in both…
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PROJECT OVERVIEW
→ MULTIPLE HIGHT-GRADE GOLD PROJECTS within LARGE LAND HOLDINGS of MULTIPLE GOLDFIELDS
→ RECENT HOLES DRILLED BY FOSTERVILLE SOUTH RECORD LENGTHY HIGH-GRADE GOLD INTERCEPTS AT GOLDEN MOUNTAIN
LAURISTON
607 km²
Contiguous to Kirkland Lake’s Fosterville tenements
Historical hardrock production:
233,215 oz Au @ 20.7 g/t Au
WALHALLA
539 km²
Historical hardrock production:
1.51 Moz Au @ 33.56 g/t Au
(Walhalla)
1.48 Moz Au @ 32.2 g/t Au
(Conhen’s Reef)
GOLDEN MOUNTAIN
996 km²
Including drill intervals of:
18m grading 11.1 g/t Au
36m grading 9.5 g/t Au
44.4m grading 3.6 g/t Au
23.3m grading 5.2 g/t Au
2m grading 35.5 g/t Au
ADJOINING KIRKLAND LAKE'S FOSTERVILLE GOLD DISCOVERY
- The deep seated Selwyn Block underlies the epizonal Au-As-Sb mineralization domain
- Proximity to the margins or larger structures within the Selwyn Block is considered important for all major deposits within the epizonal domain
