Fosterville South Exploration Ltd. (TSXV:FSX)

Mining

Fosterville South Exploration is an Australian-based mineral exploration, acquisition and development company that trades its shares on the TSX Venture Exchange under the symbol FSX. Projects owned by Fosterville South Exploration include:

• Lauriston Gold Project

• Providence Gold Project

• Golden Mountain

• Beechworth Gold Project

• Moormbool Project

• Walhalla Belt Project

The Lauriston Gold Project covers an area of 600 square kilometers and lies adjacent to the Kirkland Lake’s Fosterville Deposit. Fosterville South Exploration applied for a five-year production license on this project in early 2017 which was granted on July 10, 2019. The project’s summary includes:

• Sparce modern exploration area

• Large number of mining targets

• Excellent structural setting

• Encouraging initial geochemical data

• High-grade gold fields with successful past-production

• Various epizonal prospects with the right Au-As-Sb signature

• Gold mineralization hosted by sandstones, Ordovician and igneous dykes.

• Northern areas under-explored

• Southern areas comprise Blackwood Goldfield with encouraging wide low-grade drilling and trenching results.

• There are six drilling targets at Lauriston Gold Project including Premier Ridge, O’Connell’s Find, Energetic Reefs, Trojan and Comet Prospects, Russell’s Reefs and Wyndham Reefs.

Providence Gold mines are considered as one of the richest mines per vertical meter in the state and makes for excellent project economics.

Golden mountain is another prospective gold exploration project owned by Fosterville South. The company was granted the exploration license for this project on May 8, 2018, for two years with an optional extension period of five years.

The Beechworth Gold project is a high-grade drill ready gold project that falls within the Tabberabbera Zone. The several prospects on this project include: The Wallaby Prospect, Bon Accord Prospect, and Homeward Bound Prospect.

Fosterville South announced the commencement of drilling at its Beechworth Gold project on June 18, 2021. The drilling program is predicted to be at a depth beneath historic gold mines.

The company decided to introduce a spinout to Leviathan Gold Ltd. and received the final court approval to distribute the spinout shares to Fosterville South shareholders. Leviathan Gold got its shares listed on the TSX Venture Exchange under the symbol LVX. Fosterville publishes its investor related documents on its official website.

Contact Information

company address Suite 488, 1090 West Georgia Street Vancouver, BC V6E 3V7

company phone604 802-4447

company email[email protected]

company websitehttps://www.fostervillesouth.com

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