Fosterville South Exploration Ltd. announces that it has received the final approval of the Court in respect of the plan of arrangement pursuant to which the Company will spinout its Avoca and Timor properties to Leviathan Gold Ltd.. Subject to the procedures of the TSXV, the effective date of the Arrangement is scheduled to occur at 9:00 a.m. on [...]
Shareholders Overwhelmingly Approve the Plan of Arrangement involving the Spinout of the Avoca and Timor Properties Effective Date of the Arrangement, subject to Final Court Approval, November 23, 2020 Proposal is that for every common share held of Fosterville South Exploration, shareholders in all jurisdictions will receive a common share of [...]
Fosterville South Exploration Ltd. is pleased to announce high grade assays of up to 152g/t gold in rock chip samples at the Star of the Glen target on the Golden Mountain Project, which is a target approximately 4km south east of where drilling is ongoing at the main target area on the project . Highlights: High-grade rock chip samples of up to [...]
Dear Fellow Shareholders of Fosterville South Exploration Ltd., With gold equities volatile as of late, we thought an update to shareholders timely, to provide a recap on recently announced fundamental progress and providing detail on the upcoming spinout transaction involving the Avoca and Timor projects. Firstly, our treasury and balance sheet [...]
Fosterville South Exploration Ltd. is pleased to announce that it has acquired the Baynton exploration license application . The Baynton EL application covers an area of 119 square kilometres and adjoins the south eastern border of the Kirkland Lake, Fosterville Gold Mine tenements. The new tenement is contiguous with the Kirkland Lake boundary for [...]
Fosterville South Exploration Ltd. is pleased to announce that the exploration license applications for Enoch's Point and Reedy Creek are now granted. Enoch's Point forms part of the former high-grade gold producing Walhalla Gold Belt, and Reedy Creek forms part of the Providence Gold Project. Neither project has been the subject of any large scale [...]
Fosterville South Exploration Ltd. is pleased to announce that it has obtained the necessary government approvals to drill from an additional 15 drill pad locations at its Golden Mountain gold project located in Victoria, Australia. Highlights: Multiple holes can be drilled from each of the newly approved drill pad locations within Exploration [...]
Interim order regarding Leviathan Gold spinout transaction received November 13, 2020 set as definitive date for the Meeting to approve spinout Proposal is that for every common share held of Fosterville South Exploration, shareholders in all jurisdictions will receive a common share of Leviathan Gold Corp. Fosterville South Exploration Ltd[...]
Fosterville South Exploration Ltd. or is pleased to report new high-grade and extensive gold assay results from the remaining portion of drill hole GMDH 36 at its Golden Mountain Project in Victoria, Australia, following up on initial results from GMDH 36 announced and described on September 15, 2020. The new results today include multiple [...]
Fosterville South Exploration Ltd. or has intersected multiple intervals of high-grade gold in drill holes during the initial phase of core drilling at its Golden Mountain Project in Victoria, Australia. Highlights: Drill hole GMDH 36 records 8.3 metres at 6.91 g/t Au from 58.5 m including 1.7 m at 30.72 g/t Au Drill hole GMDH 35 records 47 metres [...]
Fosterville South Exploration or has intersected long intervals of excellent gold mineralisation in multiple drill holes from ongoing core drilling at its Golden Mountain Project in Victoria, Australia. Highlights: Drill hole GMDH0030 records 27.6 metres at 6.7 g/t Au including 8.0 metres at 11.9 g/t Au Drill hole GMDH0031 records 29.0 metres at [...]
Fosterville South Exploration Ltd. intends to enter into an Arrangement Agreement with Leviathan Gold Ltd. contemplating a plan of arrangement involving Leviathan Gold, the Company and the securityholders of the Company whereby the shares of Leviathan Gold are distributed to the securityholders of the Company. Following the spin-out transaction [...]
