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 Discovers New Gold Zone from Surface at Golden Mountain Including RC Intercept Assaying 77m at 1.14 g/t Gold
VANCOUVER, BC, Sept. 22, 2022 /CNW/ - Fosterville South Exploration Ltd. ("Fosterville South") or (the "Company") (TSXV: FSX) (OTCQX: FSXLF) (Germany: 4TU) is pleased to report that new diamond and reverse circulation…
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Fosterville South Reports Assays from Drilling at Comet-New Trojan at Lauriston Project, Golden Mountain Project and Providence Project
VANCOUVER, BC, Aug. 5, 2022 /CNW/ - Fosterville South Exploration Ltd. ("Fosterville South") or (the "Company") (TSXV: FSX) (OTCQX: FSXLF) (Germany: 4TU) reports gold assay results from drilling at the Comet-New Trojan…
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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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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
