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 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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Fosterville South Exploration Commences Core Drilling at Reedy Creek to Follow Up on Recent High Grade Gold Results
Highlights: Diamond (core) drill rig is drilling to follow up on discovery hole RWR13RWR13 returned high grade gold assays during reconnaissance reverse circulation drilling of a previously undrilled geochemical targetMultiple…
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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
