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GREAT PACIFIC GOLD CORP (FSXLF) is a progressive precious metals exploration company with a focus on gold exploration in North America. The company is committed to sustainable and responsible mining practices to ensure long-term success and environmental preservation. With a dedicated team and a portfolio of promising projects, GREAT PACIFIC GOLD CORP continues to strive for excellence in the mining industry.
Fosterville South Exploration Ltd. (FSX) has announced an agreement to acquire a 2166 sq. km mineral exploration land package in Papua New Guinea from Wild Dog Resources Inc. (WDR). This acquisition includes multiple Exploration Licenses (EL) and Exploration License Applications (ELA). Key highlights of the acquisition feature a contiguous 614 sq. km project adjacent to K92 Mining Inc. exploration tenements, enhancing FSX's existing gold land package in Australia. The land package presents both early and advanced stage exploration targets, with a focus on high-grade epithermal vein and porphyry style mineralization. FSX's strong cash position post-transaction will support advancing these assets, leveraging their team's experience in Southeast Asia. The deal is expected to increase FSX's potential for discovering Tier 1 Copper-Gold deposits in PNG.
Fosterville South Exploration Ltd. (OTCQX: FSXLF) announced overwhelming shareholder approval for all resolutions at its Annual General Meeting on November 29, 2022. Key approvals included the re-election of directors Bryan Slusarchuk, Rex Motton, Liza Gazis, Robert McMorran, Charles Hethey, and John Lewins, as well as the appointment of BDO Canada LLP as auditors. Voting results showed over 96% support for most motions, with a total of 10,559,210 common shares voted, representing 15.53% of the company's outstanding shares.
Fosterville South Exploration Ltd. announced significant results from its drilling program at the Golden Mountain prospect, part of the Tallangallook Gold Project in Victoria, Australia. The highlights include a noteworthy intercept of 77m at 1.14 g/t Gold from surface, featuring sub-intervals of 35m at 1.85 g/t Gold. Additionally, other notable assays include 14m at 2.06 g/t Gold and 5m at 3.16 g/t Gold. The project shows promising potential with a 1km gold anomaly identified. Pending assays from previous diamond drilling may further enhance these findings.
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