FSX: TSX Venture
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 Reports High Grade Intersection of 2m at 174.42 g/t Gold, including 1m at 348 g/t Gold During Drilling at Reedy Creek
Highlights: Strong gold assay of 2m at 174.42 g/t Gold including 1m at 348 g/t Gold in reverse circulation drill hole TRC02High-grade results are shallow and from the most easterly…
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Fosterville South Commences Drilling at Lauriston Project While Three Rigs are Currently Operating at Reedy Creek Within the Providence Project
Highlights: Lauriston is immediately south of and contiguous with Kirkland Lake Gold’s Fosterville Mine tenements.600 km2 project with excellent structural setting and significant historic high-grade gold production reported despite lack of…
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Fosterville South Reports Initial 2022 Assays from Drilling at the Beechworth Project Including 3m at 8.83 g/t Gold in Expansion Hole at Homeward Bound Target and 8m at 4.84 g/t Gold including 1m at 33.4 g/t Gold in Discovery Hole at Bon Accord Target
Highlights: Strong gold assays below and on strike to the initial discovery hole at Homeward Bound including;8m at 3.36 g/t Gold including 3m at 8.83 g/t Gold in reverse circulation…
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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
VECTORS, TRENDS & DEPOSITS
